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Updated over 5 years ago,

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2
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0
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Arjun Thusu
  • Rental Property Investor
  • Atlanta, GA
0
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2
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Commercial Real Estate - Austin vs Round Rock

Arjun Thusu
  • Rental Property Investor
  • Atlanta, GA
Posted

Hello, hoping somebody that is a little more familiar with the area could weigh in. I have the opportunity to invest (buy building with tenant) in one of two medical condo properties. Both have equivalent caliber tenants, with NNN leases, and similar cap rates.

Property 1 - Round Rock, TX (by the Round Rock High School/Round Rock Ave area) - $383/sqft - built 2008

Property 2 - Austin, TX (close to Slaughter Rd/Manchaca Rd) - $340/sqft - built 2015

Just based on that data which way would you lean? Specifically looking at future appreciation potential.

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