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2400 Farm To Market 685
Hutto, TX 78634 Round Rock

$5,003,677

Freestanding For Sale  •  13,750 Sq Ft

Property Details

  • Property Type Freestanding
  • Total Building Size 13,750 Sq Ft
  • Lot Size 2.67 ac
  • Building Class B
  • Year Built 2019
  • Cap Rate 6.50 %
  • Tenancy Single
0 Transit Score
8 Walk Score

Description

Brand New 2019 Construction | Populated Affluent Area | Immediate Area Experiencing Major Growth

Highlights

15-Year Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2019 Construction.
Positioned Along Area’s Major Retail & Traffic Corridor: Features Easy Access and Excellent Visibility. Direct Access to TX-130 (57k+ VPD).
Majority-Owned by Blackstone Group Inc., one of the World’s Leading Investment Firms with Approx. $545B Assets Under Management.
Populated Affluent Area: Features an Average Household Income of $125k+ within a 3 Mile Radius, and 152k+ People Residing within a 5-Mile Radius.
In Close Proximity to Numerous New Construction National Tenants Including H-E-B Plus!, CVS, Home Depot, Lowes, Walgreens, Orange Theory, and more.
Immediate Area Experiencing Major Growth: The City of Hutto has been Consistently Ranked as one of the Fastest Growing Communities in Texas.
Cap Rate: 6.50 %

Public Transportation

AirportDriveWalkDistance
Austin-Bergstrom International Airport 37 min - 29.6 mi
Alvin Mansour 858-373-3187 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3187 The Mansour Group of Marcus & Millichap