2005 N LAKELINE BLVD

Cedar Park, 78613
Updated Mar 16, 2026 • On market 218 days
$3,150,000
2017 Built
218 Days on Market

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 Details

Interior

  • Bedrooms 0
  • Half Baths 0
  • Living Area — Sq Ft

Property

  • Year Built 2017
  • Property Type Commercial Sale
  • Sub Type Office
Listed by Compass RE Texas, LLC
MLS# 9004134

Neighborhood

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The information being provided by Unlock MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this website comes from the Internet Data Exchange (IDX) program of Unlock MLS. Real estate listings held by brokerage firms other than Adam Timothy Group at Compass are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by Unlock MLS. All information should be independently reviewed and verified for accuracy. Some IDX listings may have been excluded from this website. Data last updated: Mar 16, 2026 8:12 PM GMT+0000.
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