For Sale Commercial MLS# ACT9004134

2005 N Lakeline Blvd

Cedar Park, TX 78613

$3,150,000

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About 2005 N Lakeline Blvd

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.

Property details

Property

Type
Office
MLS type
Commercial Sale
Status
Active
Year built
2017
Stories
1
Lot
1.05 AC / 45,738 SF
Original price
$3,150,000
MLS #
9004134

Interior

Flooring
Carpet, Concrete, Laminate
Heating
Central, Heat Pump
Cooling
Central Air, Heat Pump

Exterior & lot

Parking
Common, Lighted, On Site, Outside, Parking Lot, Paved, Private, Side By Side

Utilities

Utilities
Electricity Connected, High Speed Internet, Phone Available, Sewer Connected, Underground Utilities, Water Connected
Water
MUD
Sewer
MUD
Security
Fire Sprinkler System, Firewall(s), Security Lights

Financial

Annual tax
$54,480
Tax year
2025
Parcel
17W325304L00010006
Legal
S8326 - HERITAGE PARK SEC 4, BLOCK L, LOT 1, ACRES 1.05
Special conditions
Third Party Approval

Location

Subdivision
Heritage Park Sec 4
County
Williamson
Directions
New Hope to North Lakeline Blvd, turn North, then turn left into parking lot

Location

Neighborhood
Heritage Park Sec 4

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Listed by Sasha Lifschitz, Compass RE Texas, LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.