16040 Park Valley Dr, Suite 222 Round Rock, TX 78681

Exceptional investment opportunity: This 6,000 square foot medical condo in Round Rock, TX (78681), located at 16040 Park Valley Dr, Suite 222, presents a compelling opportunity for investors seeking a stable, high-yield asset. Currently fully leased to two reputable medical tenants with long-term leases, this property generates a substantial net operating income of $145,812 annually. The triple-net lease structure minimizes owner responsibilities and offers significant tax advantages, including depreciation write-offs. Situated in the prime Round Rock Medical District, directly across from St. David's Round Rock Medical Center and with convenient access to I-35 via FM 620, this property boasts high visibility and accessibility. The modern and beautifully appointed interior features state-of-the-art medical facilities, ensuring appeal to both healthcare providers and patients. This is an ideal 1031 exchange opportunity, offering a strong return on investment in a growing healthcare market. The property benefits from the state of Texas's favorable tax environment, with no state or investment tax. This turnkey investment provides a hassle-free stream of passive income with significant potential for appreciation.