Properties
Cedar Park, TX 78613 2005 N Lakeline Blvd
$3,150,000
11 more
Presented By: Compass RE Texas, LLC;
SQFT • 6,573
Home Details
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.
Presented By: Compass RE Texas, LLC;
Interior Features for 2005 N Lakeline Blvd
Bedrooms
Total Bedrooms
Bathrooms
Total Baths
Other Interior Features
FlooringCarpet, Concrete, Laminate
Total Stories1
General for 2005 N Lakeline Blvd
AccessibilityCommon Area, Accessible Doors, Accessible Entrance, FullyAccessible, Accessible Hallway(s)
Additional Parcels Y/NNo
Building FeaturesFirewall(s), Multi-User, Open Space, Private Restrooms, Public Restrooms, Sign - Building
Building NameFreedom Orthodontics
CityCedar Park
Construction MaterialsConcrete, Frame, Glass, Masonry – All Sides
CoolingCentral Air, Heat Pump
CountyWilliamson
Current UseCommercial, Medical/Dental, Mixed Use, Office, Retail
DirectionsNew Hope to North Lakeline Blvd, turn North, then turn left into parking lot
DisclosuresRental Records Available, Water District
Energy EfficientNone
Green SustainabilityNone
HeatingCentral, Heat Pump
Leasable Area6573
Lease TypeNNN
Lot Size Square Feet45738
MLS AreaCLN
New ConstructionNo
Operating Expense61891.88
Other StructuresNone
Property ConditionResale
Property SubtypeOffice
Property TypeCommercial Sale
Security FeaturesFire Sprinkler System, Firewall(s), Security Lights
SewerMUD
Standard StatusActive
StatusActive
Subdivision NameHeritage Park Sec 4
Tax Assessed Value2898330
Tax Year2025
TopographyFlat
UtilitiesElectricity Connected, High Speed Internet, Phone Available, Sewer Connected, Underground Utilities, Water Connected
ViewNone
Virtual TourClick here
Virtual TourClick here
Year Built2017
Year Built SourcePublic Records
Exterior for 2005 N Lakeline Blvd
Building Area Total6573
Horse Y/NNo
Lot Size Acres1.05
Lot Size SourceOther
Number of Buildings1
Other EquipmentNone
Parking FeaturesCommon, Lighted, On Site, Outside, Parking Lot, Paved, Private, Side By Side
Road Surface TypeAsphalt
Total Parking33
Water SourceMUD
Waterfront Y/NNo
Additional Details
Price History
