1700 Royston Ln, Round Rock, TX 78664

This exceptional 37,784 square foot flex space, located at 1700 Royston Ln, Round Rock, TX 78664, presents a compelling owner-user opportunity in the thriving Greater Austin MSA. The property, built in 1986 and renovated in 2020, boasts a Class B rating and is currently 51% occupied. The asking price is $7,500,000, translating to $198.50 per square foot, with a 5.81% cap rate and a net operating income (NOI) of $436,011. The property features a 3.18-acre lot and offers dual entry points with ample parking. The space is divided into two suites: Suite A, currently leased as office space (with potential for early termination), and Suite B, configured as flex/lab/industrial space. This location benefits from a strong demographic profile, with a dense population and high average household incomes within a 3-5 mile radius. Additional incentives are available for chip R&D and biomedical users. The property's strategic location, just 16 miles north of Austin, makes it an ideal investment for owner-occupiers seeking a high-growth market. The lease type is NNN.