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0 Beds
0 Baths
6,573 sqft

$3,150,000

2005 N Lakeline BLVD, Cedar Park TX, 78613

Price per sqft$479.23
Built in2017
Property size6,573 sqft
Property typeCommercial
Courtesy of Compass RE Texas, LLC, Sasha Lifschitz Listing Contact: (512) 575-3644

Overview

Active

Listed Dec 31, 2025

Updated Jun 27

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.

Additional information

MLS® ID
9004134

Interior Features

Bedrooms
0
Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.05 Acres

Other Property Details

Taxes
$54,480
Tax Frequency
Annually
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Listings courtesy of Austin/Central Texas Realty Information Service as distributed by MLS GRID

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