2005 Lakeline

Cedar Park, TX 78613 · Williamson County

$3,150,000Price
6,573Sq. Ft.
$479/ Sq. Ft.
2005 Lakeline
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▶ Virtual Tour

Description

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.

Contact Agent

C
Col Realty
Col Realty
(512) 699-3810

Property Details

StatusActive
MLS #ACT214479045
TypeCommercial Sale
Year Built2017
Stories1
Living Area6,573 Sq. Ft.
Lot Size1.05 AC / 45,738 SF
CountyWilliamson
SubdivisionHeritage Park Sec 4

Property Information

Parking

CommonLightedOn SiteOutsideParking LotPavedPrivateSide By Side

Utilities & Construction

Heat: Central, Heat PumpAC: Central Air, Heat PumpCarpet, Concrete, Laminate

Directions: New Hope to North Lakeline Blvd, turn North, then turn left into parking lot

Location

Property History

DateEventPrice
Feb 15, 2026 Listed (Active) · MLS# ACT214479045 $3,150,000

Full transaction history may not be available. Data sourced from ACTRIS MLS.

Public Records

Total Sq. Ft.6,573
Year Built2017
Total Sq. Ft.6,573
Stories1
Lot Size45,738 Sq. Ft.
StyleCommercial Sale
CountyWILLIAMSON
MLS #ACT214479045
$3,150,000
2005 Lakeline, Cedar Park, TX

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Payment Estimate

Estimated monthly payment
Principal & Interest

For illustrative purposes only. Contact a lender for accurate figures.