2005 N LAKELINE BOULEVARD, CEDAR PARK, TX 78613
Homes for sale in Cedar Park.
Homes for sale in 78613.
2005 N Lakeline Boulevard
Cedar Park, TX 78613
List Price$3,150,000
Listing #9004134
About This Property
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 Features
Location Information
County
Williamson
Subdivision
Heritage Park Sec 4
County
Williamson
Directions
New Hope to North Lakeline Blvd, turn North, then turn left into parking lot
Area
CLN
Interior Features
Heating
Central, Heat Pump
Disabled Features
Accessibility Features, Common Area, Accessible Doors, Accessible Entrance, Accessible Hallway(s)
Floors
Carpet, Concrete, Laminate
Accessibility
Accessibility Features, Common Area, Accessible Door
Exterior Features
Style
Frame, Glass, Masonry, Concrete
Lot Size in Acres
1.05
Is New Construction
No
Buildings
1
Construction/Exterior
Frame, Glass, Masonry, Concrete
Road Description
Asphalt
Possession
Closing & Funding, Close Of Escrow
Has Waterfront
No
Water / Sewer
Municipal Utility District
Has View
No
Water
Municipal Utility District
View
None
Parking Description
Common, Lighted, On Site, Outside, Paved, Parking Lot, Private, Side By Side
Is One Story
Yes
Topography
Level
Additional Information
Other Utilities
Cable Available, Electricity Connected, High Speed Internet Available, Phone Available, Sewer Connected, Underground Utilities, Water
APN
17W325304L00010006
Property Type
COM
Status
Active
Property SubType
Office
Documents Available
Building Plans, Lease, Site Plan, Survey, Unit Mix Schedule, Rent Rolls
Year Built
2017
Similar Listings
Mortgage Calculator
$14,711
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$11,351
Monthly Tax
$2,625
Monthly Insurance
$735
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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