2005 Lakeline BLVD
ActiveCedar Park, TX 78613
Compass RE Texas, LLC · MLS# 9004134 · Active
$3,150,000
Beds
0
Baths
0
Sq Ft
—
Acres
1.05
Built
2017
Type
Office
About This Home
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.
Interior
- Flooring
- Carpet, Concrete, Laminate
- Cooling
- Central Air, Heat Pump
- Heating
- Central, Heat Pump
Exterior & Lot
- Parking
- Common, Lighted, On Site, Outside, Parking Lot, Paved, Private, Side By Side
- Condition
- Resale
Location
2005 Lakeline BLVD · Cedar Park, TX 78613
Listings courtesy of Unlock MLS as distributed by MLS GRID.
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$3,150,000
2005 Lakeline BLVD