Round Rock, Texas, is an attractive location for investors seeking to purchase a shopping center, with its strong economy, excellent infrastructure, and growing population of approximately 120,000 residents. Shopping centers in Round Rock offer a diverse range of investment opportunities, from strip centers and community centers to power centers and regional malls. These properties can provide a steady income stream and potential long-term appreciation in value. Round Rock's desirable location, with its proximity to Austin and its excellent schools, including the Texas State University Round Rock Campus and Austin Community College, make it an attractive destination for families and businesses alike. The city's amenities, such as the Dell Diamond baseball facility, the Clay Madsen Recreation Center, and the Rockin' River Family Aquatic Center, also contribute to its appeal. Additionally, Round Rock is home to major employers like Dell, Cerilliant Corporation, and Cintas, which helps drive the local economy.
With 2 shopping centers for sale in Round Rock, investors have a range of options to choose from. The average price per square foot for shopping centers in Round Rock is $349 USD, with an average size of 20,485 square feet. The largest shopping center available is 31,644 square feet. Round Rock also offers a range of other property types, including restaurants, specialty properties, land, and office properties. For example, restaurants in Round Rock benefit from the city's strong economy and growing population, while specialty properties, such as those in the La Frontera commercial and office business center, offer unique investment opportunities. Land in Round Rock is also in high demand, with its proximity to Austin and excellent infrastructure making it an attractive location for development. Office properties in Round Rock, such as those near the Dell headquarters, offer a steady income stream and potential long-term appreciation in value. Overall, Round Rock offers a diverse range of investment opportunities for those seeking to purchase a shopping center or other property type.
What is the average cap rate for shopping centers in Round Rock?
The average cap rate for shopping centers in Round Rock is , making it an attractive investment opportunity for those looking to capitalize on the city's growing economy and strong retail sector.
