For sale

2005 N Lakeline BLVD

Cedar Park, TX, 78613

$3,150,000

1.05lot
Est. paymentGet pre-qualified
Office Space
Built in 2017
1.05 lot
MLS #9004134

Listed by Compass RE Texas, LLC

About this property

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.

Interior
Flooring
Carpet, Concrete, Laminate
Exterior
View
None
Building
Property type
OfficeSpace
Year built
2017
Cooling
Central Air, Heat Pump
Heating
Central, Heat Pump
Parking
Parking
Common, Lighted, On Site, Outside, Parking Lot, Paved, Private, Side By Side
Community
Subdivision
Heritage Park Sec 4

Map preview

Cedar Park, TX, 78613

Drag, zoom, or use the controls to explore the area.

Map loads as it comes into view.

Independent local guidance

Interested in 2005 N Lakeline BLVD?

Talk with Michael about current availability, disclosures, taxes, comparable sales, neighborhood fit, and a smart offer strategy.

Unlock MLS / MLS GRID

Listings courtesy of Unlock MLS as distributed by MLS GRID.