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Property profile & analytics
FOR LEASE
Warehouses

2251 Picadilly Dr Round Rock, TX 78664

120,780 SF 33.86 ac lot Built 2008
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US82-4504847
Property summary
AI-generated overview

This exceptional 21,652-square-foot industrial sublease opportunity is ideally situated at 2251 Picadilly Dr, Suite B260, in Round Rock, Texas, within Travis County, zip code 78664. The property boasts a versatile design, encompassing both warehouse and flex space, perfect for a variety of businesses. The warehouse component totals 16,707 square feet, complemented by 4,945 square feet of office space. This single-tenant space offers a functional layout with a 24-foot clear height and a generous 50' x 50' column spacing, maximizing efficiency and storage capacity. Loading is facilitated by four dock-high doors and one ramp, ensuring seamless logistics. The property features an ESFR sprinkler system, enhancing safety and security. The estimated operating expenses for 2024 are $2.99 per square foot. This sublease is available through October 31, 2027, providing a substantial lease term for long-term planning and stability. The property's location in North Austin offers excellent access to major transportation arteries, making it an attractive option for businesses seeking a strategic location in a thriving market. This is a rare opportunity to secure a high-quality industrial space in a prime location. Contact us today to schedule a viewing.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2008
Total area 120,780 SF
Lot 33.86 ac (1,474,898 SF)
APN 280260101
UPID US82-4504847
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • HTS Texas General Contractor
  • Mason Road Sheet Metal Production Facility Metal Fabrication Plant
  • Closetbox Storage Facility
  • Hackbarth Delivery Service Trucking Company
  • Final Mile Austin TX Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.08M
Owner & transaction history
Big Box Property Owner E LLC · 10 yrs held
Big Box Property Owner E LLC
since 2015
7 recorded transactions
2015
Price N/A
2012
Price N/A
2008
Price N/A
2000
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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