MLS#9004134
STATUSActive
PROPERTY TYPECommercial - Office
SUBDIVISIONHeritage Park
Property 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.
Property Features
Property Type: Commercial - Office
Cooling: Central Air, Heat Pump
Heating: Central, Heat Pump
Lot Size: 1.05 Acres
Stories: 1.0
Taxes: $54,479
Year Built: 2017
Feature Descriptions
Accessibility: Common Area, Accessible Doors, Accessible Entrance, FullyAccessible, Accessible Hallway(s)
Area #: CLN
Building Features: Firewall(s), Multi-User, Open Space, Private Restrooms, Public Restrooms, Sign-Building
Days on Site: 133
Exterior: Concrete, Frame, Glass, Masonry ??? All Sides
Flood Plain: No
Flooring: Carpet, Concrete, Laminate
Parcel#: 17W325304L00010006
Parking: Common, Lighted, On Site, Outside, Parking Lot, Paved, Private, Side By Side
Parking Notes: Common, Lighted, On Site, Outside, Parking Lot, Paved, P
Restrictions: City Restrictions, Deed Restrictions, Zoning
Security: Fire Sprinkler System, Firewall(s), Security Lights
Sewer: Municipal Utility District (MUD)
Topography: Flat
Utilities: Electricity Connected, Internet-Cable, Phone Available, Sewer Connected, Underground Utilities, Water Connected
Water: Municipal Utility District (MUD)
Listed By / Shown By
Listed By
Agency Name: Compass RE Texas, LLC
Agency Contact: (512) 575-3644
Shown By
Agent Name: Fred Milling
Agent Phone: (512) 623-0580
Agency Title: Realty Capital City
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 05/13/2026. The listing information on this page last changed on 05/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/13/2026 1:45:02 AM EST) or Austin MLS (last updated Wed 05/13/2026 12:27:41 AM EST) or CTXMLS (last updated Tue 05/12/2026 11:34:25 PM EST). Real estate listings held by brokerage firms other than Realty Capital City may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Each office independently owned and operated.
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 05/13/2026. The listing information on this page last changed on 05/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/13/2026 1:45:02 AM EST) or Austin MLS (last updated Wed 05/13/2026 12:27:41 AM EST) or CTXMLS (last updated Tue 05/12/2026 11:34:25 PM EST). Real estate listings held by brokerage firms other than Realty Capital City may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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2005 N Lakeline Blvd | MLS# 9004134
This commercial property located at 2005 N Lakeline Blvd, Cedar Park, TX 78613 is currently listed for sale with an asking price of $3,150,000. Search Cedar Park real estate on www.millingaboutre.com today.