$3,150,000 - 2005 N Lakeline Boulevard, Cedar Park
- -
- Bedrooms
- -
- Baths
- N/A
- SQ. Feet
- 1.05
- Acres
Turnkey, stabilized medical office investment in the heart of the high-growth Cedar Park/Leander corridor. With a compelling 6.62% average cap rate 5/1/26-4/31/31, the property delivers durable cash flow supported by 5+ year term NNN leases underwritten by strong guarantors, and aggressive scheduled rent growth (historically exceeding 3% annually). The 6,573 SF asset was constructed in 2018 on a highly visible 1+ AC hard corner traveled by 18K+ vehicles daily. It is 100% leased to two established medical practices, a leading rheumatology group and a high-performing orthodontics practice, each with 5+ year terms. Both tenants benefit from proximity to dense residential neighborhoods, top-rated schools, senior housing, and a robust patient base, reinforcing long-term tenancy and demand. Predictable income with built-in growth, well-established medical tenants, and strong fundamentals in a market widely recognized as one of the best places to live and invest in Texas.
Essential Information
-
- MLS® #:
- 9004134
-
- Price:
- $3,150,000
-
- Bathrooms:
- 0.00
-
- Acres:
- 1.05
-
- Year Built:
- 2017
-
- Type:
- Commercial Sale
-
- Sub-Type:
- Office
-
- Status:
- Active
Community Information
-
- Address:
- 2005 N Lakeline Boulevard
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- Subdivision:
- Heritage Park Sec 4
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- City:
- Cedar Park
-
- County:
- Williamson
-
- State:
- TX
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- Zip Code:
- 78613
Amenities
-
- Utilities:
- Cable Available, Electricity Connected, High Speed Internet Available, Phone Available, Sewer Connected, Underground Utilities, Water Connected
-
- Parking:
- Common, Lighted, On Site, Outside, Paved, Parking Lot, Private, Side By Side
-
- View:
- None
Interior
-
- Interior:
- Carpet, Concrete, Laminate
-
- Heating:
- Central, Heat Pump
Exterior
-
- Lot Description:
- Flat
-
- Construction:
- Frame, Glass, Masonry, Concrete