2005 N Lakeline Blvd - Medical FOR SALE


Cedar Park, TX 78613
$3,150,000 USD
737-843-4300
2005 N Lakeline Blvd, Cedar Park, TX for Sale
$3,150,000 USD
Medical - FOR SALE
1/16
null | 6.23% Cap Rate

2005 N Lakeline Blvd
Cedar Park, TX 78613


HIGHLIGHTS

  • 6.61% AVERAGE CAP RATE (MAY 1, 2026 - APRIL 30, 2031)
  • STABILIZED MEDICAL OFFICE BUILDING - NNN INVESTMENT
  • LONG-TERM LEASES WITH RENEWAL OPTIONS
  • STRATEGIC LOCATION NEAR PATIENT BASES
  • SIGNALIZED HARD CORNER - EXCELLENT VISIBILITY - 18,000 CARS/DAY
  • MINIMAL LANDLORD RESPONSIBILITIES

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$479 USD /SF

CAP RATE

6.23%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Freedom Orthodontics

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

C

APN/PARCEL ID

R437250

ASK ABOUT THIS PROPERTY

Sasha LifschitzImpact Commercial GroupMore Info
737-843-4300

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Sasha LifschitzImpact Commercial GroupMore Info
737-843-4300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.