Cedar Park, TX 78613,2005 N Lakeline BLVD
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Cedar Park, TX 78613,2005 N Lakeline BLVD
Cedar Park, TX 78613,2005 N Lakeline BLVD
Cedar Park, TX 78613,2005 N Lakeline BLVD
Cedar Park, TX 78613,2005 N Lakeline BLVD
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Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

+1(713) 591-9902
$ 3,150,000
Est. payment /mo
Active

2005 N Lakeline BLVD Cedar Park, TX 78613

6,573 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 6,573 sqft

Price per Sqft $479

Subdivision Heritage Park Sec 4

MLS Listing ID 9004134

Year Built 2017

Tax Year 2025

Lot Size 1.050 Acres

Acres 1.05

Property Sub-Type Office

Source actris

Property Description

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.

Location

State TX

County Williamson

Area Cln

Interior

Heating Central, Heat Pump

Cooling Central Air, Heat Pump

Flooring Carpet, Concrete, Laminate

Fireplace N

Exterior

Utilities Available Electricity Connected, High Speed Internet, Phone Available, Sewer Connected, Underground Utilities, Water Connected

View None

Accessibility Common Area, Accessible Doors, Accessible Entrance, FullyAccessible, Accessible Hallway(s)

Total Parking Spaces 33

Building

Story 1

Sewer MUD

Water MUD

Structure Type Concrete,Frame,Glass,Masonry – All Sides

New Construction No

Others

Restrictions City Restrictions,Deed Restrictions,Zoning

Acceptable Financing Cash, Committed Money, Conventional, SBA

Tax Rate 1.981076

Listing Terms Cash, Committed Money, Conventional, SBA

Special Listing Condition Third Party Approval

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Listed by Compass RE Texas, LLC • Sasha Lifschitz

NEARBY SCHOOLS & PROPERTIES

Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker | License ID: 565194

+1(713) 591-9902

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2005 N Lakeline BLVD