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3777 Gattis School Rd, Round Rock, TX, 78664

Walgreens
$3,900,000

Key Information

Cap Rate
8.3%
$ per SF
$263
Tot. SF
14,820
Lot Size
1.82 Acres
Year Built
2003
Term Remaining
±3.25 YRS
Type
Retail

Highlights

  • Austin, TX MSA – This Walgreens is strategically located in Round Rock, TX, an affluent, high-barrier suburb within the Austin metropolitan area—one of the nation’s fastest-growing and most institutionally favored markets. Round Rock benefits from strong household incomes, sustained commercial development, a diversified employment base, and its role as the global headquarters of Dell Technologies, a foundational driver of long-term economic stability.
  • Rapidly Growing Trade Area – The surrounding 1- and 3-mile trade areas are projected to experience average population and household growth of 20.5% over the next five years, supporting ongoing consumer demand and increasing long-term foot traffic for Walgreens.
  • Affluent Community – Serving a high-income demographic, the property sits within a 3-mile radius where average household incomes exceed $156,868—driving strong retail spending and reinforcing tenant stability.
  • H-E-B Adjacent – Positioned directly next to H-E-B, Texas’s market-leading grocer, which ranks 99th percentile for foot traffic both nationally and statewide in the grocery category. This Walgreens benefits from a high-traffic, daily-needs retail corridor with a complementary mix of national and local tenants ensuring consistent consumer flow.
  • High-Visibility Location – Located at a signalized intersection with over 37,350 VPD and less than one mile from Interstate 45 (60,000+ VPD), the site offers excellent visibility, access, and drive-by exposure.

*Conrad Sarreal In conjunction with Matthews™, a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code)

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225