ActiveCommercial · sale

2005 N Lakeline Blvd

Cedar Park, TX 78613

$3,150,000

  • 6,573 sq ft
  • 1.05 acres
  • Built 2017

Listed by Compass RE Texas, LLC · MLS #ACT9004134

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2005 N Lakeline Blvd, Cedar Park, TX 78613 · MLS #ACT9004134

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A FEW THINGS TO NOTICE

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Year built

Built in 2017.

Property size

1.05 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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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.

THE NEIGHBORHOOD

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2005 N Lakeline Blvd, Cedar Park, TX 78613

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LOCAL MARKET CONTEXT

Williamson County housing market

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12-month price trend$410,583Down 2.7% vs. the previous 12 months
Months of supply4.912-month average
Days on market8912-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Commercial Sale
Category
Commercial
Year built
2017
Cooling
Central Air, Heat Pump
Heating
Central, Heat Pump
Flooring
Carpet, Concrete, Laminate
Accessibility
Common Area, Accessible Doors, Accessible Entrance, FullyAccessible, Accessible Hallway(s)
Subdivision
Heritage Park Sec 4
Parcel
17W325304L00010006

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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Listing information

MLS #ACT9004134 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Sasha Lifschitz

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.