11091 Pecan Park Blvd - Retail FOR SALE
Cedar Park, TX 78613 |
$6,744,000 USD
212-430-5293
11091 Pecan Park Blvd
Cedar Park, TX 78613
HIGHLIGHTS
- The lease expires 8/31/32 and includes one remaining 5-year option, with the tenant responsible for roof and structure under an absolute net structure
- 25+ year operating history | Recently exercised option with six percent rent Increase scheduled for September 2027
- The property is positioned within the Lakeline Mall complex alongside Macy’s and JCPenney and near Target, H-E-B, and Alamo Drafthouse
- The property’s roof was replaced by Havertys in 2021 and is covered by a 20-year GAF warranty expiring November 12, 2041, providing long-term coverage
- Affluent trade area with $158,534 average household income (Five-Mile Radius)
- Austin projected to be among the top 10 US markets for retail sales growth in 2026, supported by population growth over 2.4% annually and low vacancy
FOR SALE DETAILS
PRICE
$6,744,000 USD
PRICE/SF
$127 USD /SF
CAP RATE
7.53%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Havertys Furniture
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
172
LAND DETAILS
LAND ACRES
5.27 AC
LAND SF
229,561 SF
ZONING
GR, Austin
APN/PARCEL ID
R355986
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212-430-5293
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212-430-5293
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