2251 Picadilly Dr Round Rock, TX 78664
For Lease
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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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.