Cadence Academy NNN Asset For
60 Limmer Loop Round Rock, TX
60 Limmer Loop, Round Rock, TX, 00000
Contact for pricing
For Sale
Contact for pricing
NNN leased Cadence Academy with 12+ years remaining.
Property Size12,821 SF
Lot Size2.58 Acres
Price / SF$547.75
Days on Market469
Property Features for 60 Limmer Loop
General Information
- Standard status
- Active
- Size
- 12,821 SF
- Lot size
- 2.58 Acres
- Property subtype
- RETAIL
Listing Agency
Sands Investment Group (SIG) | Austin
(512) 543-4828
Listed by
Mike Van Shellenback · License #TX 735640
(512) 537-2455
Source
Moodyscre
Added: Apr 8, 2025 Updated: Jul 6 at 9:51 am Checked: Jul 19 at 4:38 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group (SIG) | Austin
Investment Insights
Based on property information with market context.
The property at 60 Limmer Loop in Round Rock, TX, is a 12,821 square foot Cadence Academy NNN asset available for sale. The property has over 12 years remaining on a triple net (NNN) lease with 2.00% annual escalators. Cadence Education is one of the largest private childcare providers in the United States with over 30 years of operating history and 300+ locations. The property is located in a high-growth market with affluent demographics. Within a 5-mile radius, there are 170,556 residents with an average household income of $119,752. The immediate trade area is expected to experience a 28% increase in population through 2029 within a 3-mile radius. The property is conveniently located along Limmer Loop with close proximity to Veterans Hill Elementary, Kerley Elementary, and Linda Herrington Elementary. Round Rock, TX (Austin, TX MSA) is home to Dell’s World Headquarters and is considered a leader in economic development in Central Texas. Over 41% of residents have a Bachelor’s Degree or higher.
Key Highlights
- 12+ Years Remaining on a Triple Net (NNN) Lease with 2.00% Annual Escalators, providing a long term and passive investment opportunity.
- Located in a high growth and affluent market with 170,556 residents making an Avg HH income of $119,752 within a 5‑mile radius.
- Cadence Education is one of the largest private childcare providers in the United States with 30+ years of operating history and 300+ locations.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $353.9k | $27.60 |
| − Vacancy | −$12.0k | −$0.94 |
| EGI | $341.8k | $26.66 |
| − OpEx | −$102.5k | −$8.00 |
| NOI | $239.3k | $18.66 |
12,821 SF · lease $27.60/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.42M
$2.99M – $3.99M
NOI $239,280 @ 7.0% cap · market cap 3.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.06M
$3.55M – $4.74M
NOI $284,318 @ 7.0% cap · market cap 4.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sunrise Montessori Preschool
Daycare Center
Daycare
High School
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - NNN leased Cadence Academy with 12+ years remaining.
Where is this storefront property located?
The property is located at 60 Limmer Loop Round Rock, TX.
What is the asking price?
The asking price for this property is $7,022,688.
What are key features of this property?
This property features: 12+ Years Remaining on a Triple Net (NNN) Lease with 2.00% Annual Escalators, providing a long term and passive investment opportunity.; Located in a high growth and affluent market with 170,556 residents making an Avg HH income of $119,752 within a 5‑mile radius.; Cadence Education is one of the largest private childcare providers in the United States with 30+ years of operating history and 300+ locations.
