2005 N Lakeline Boulevard Cedar Park , TX 78613

Property listed by Compass RE Texas, LLC 512-575-3644 (512) 575-3644

Description

6,573 Sqft
45,738 Sqft lot
1.05 Acre lot
Status: Active
Property Type: Office
Year Built: 2017
Days on Website: 34
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.

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Property Details and Features

Contact an Agent

Valerie Navejas

512-517-2500 512 426-3101

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