2005 N Lakeline BLVD, Cedar Park, TX 78613 (MLS # 9004134)
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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.
| LAST UPDATED | 12/31/2025 | TRACT | Heritage Park Sec 4 |
|---|---|---|---|
| YEAR BUILT | 2017 | COMMUNITY | Heritage Park Sec 4 |
| COUNTY | Williamson | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | CLN |
| CONSTRUCTION | Concrete, Frame, Glass |
| HEAT | Central, Heat Pump |
| INTERIOR | High Speed Internet |
| LOT | 1.05 acre(s) |
| LOT DESCRIPTION | Level |
| PARKING | Common, Lighted, On Site, Outside, Parking Lot, Paved, Private, Side By Side |
| STORIES | 1 |
| SUBDIVISION | Heritage Park Sec 4 |
| TAXES | 54479.6 |
| UTILITIES | Electricity Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected |
| VIEW DESCRIPTION | None |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Sasha Lifschitz, Compass RE Texas, LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 3/27/26 8:16 PM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2026.