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Park Valley Oaks

Off-Market

16040 Park Valley Drive, Round Rock, TX 78681

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  • Property Type Office - Medical Office
  • Property Size 36,000 Sqft
  • Lot Size 3.68 Acre
  • Parking Spaces Avail. 158
  • Parking Ratio 4.40/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2006

Location

  • City Round Rock, TX
  • Neighborhood Wyoming Springs
  • Zip Code 78681
  • Market Austin

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Arm's Length
  • Buyer Name

Market Trends

Average Actual Rents in Round Rock

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Round Rock Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $33.25
  • 2020 Office Vacancy Rate 7.10 %
  • 2020 Office Completions (Sqft)
View more Round Rock market trends

Tax

  • Market Value $1,321,621
  • Assessed Value $1,321,621

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Park Valley Oaks?

Park Valley Oaks totals 36,000 square feet.

When was this property built?

Park Valley Oaks was built in 2006.

What is the market value for Park Valley Oaks?

The market value for Park Valley Oaks in 2020 was $1,321,621.

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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.