2005 N Lakeline Blvd,Cedar Park, TX 78613
Cedar Park, TX 78613
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.
Details
| MLS # | 9004134 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Building Name | Freedom Orthodontics |
| Sub-Type | Resale |
| Status | Active |
| Year | 2017 |
| Days On Site | 241 |
| Listing Provided By | Compass RE Texas, LLC | Sasha Lifschitz |
Features
| SQ Feet | 6,573 |
|---|---|
| Building(s) | 1 |
| Acreage | 1.05 |
| Property View | None |
Interior
| Cooling | Central Air, Heat Pump |
|---|---|
| Heating | Central, Heat Pump |
| Flooring | Carpet, Concrete, Laminate |
Exterior
| Topography | Flat |
|---|---|
| Construction Materials | Concrete, Frame, Glass, Masonry – All Sides |
| Security Features | Fire Sprinkler System, Firewall(s), Security Lights |
Parking
| Parking Features | Common, Lighted, On Site, Outside, Parking Lot, Paved, Private, Side By Side |
|---|
Utilities
| Utilities | Electricity Connected, High Speed Internet, Phone Available, Sewer Connected, Underground Utilities, Water Connected |
|---|---|
| Sewer | MUD |
Other
| List Aor | Austin Board Of Realtors |
|---|
Area Information
| State | TX |
|---|---|
| County | Williamson |
| City | Cedar Park |
| Zip Code | 78613 |
| Area | CLN |
| Community Name | Heritage Park Sec 4 |
| Listing VS Median (in Heritage Park Sec 4) | |
Price: $3,150,000 low | high Med: $375,000 sqft: 6,573 low | high Med: 1,808 $ / sqft: $479 low | high Med: $207 On site: 241 low | high Med: 17 | |
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Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of August 29, 2026 at 11:07:35 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Learn More About This Property
| State | TX |
|---|---|
| County | Williamson |
| City | Cedar Park |
| Zip Code | 78613 |
| Area | CLN |
| Community Name | Heritage Park Sec 4 |
| Listing VS Median (in Heritage Park Sec 4) | |
Price: $3,150,000 low | high Med: $375,000 sqft: 6,573 low | high Med: 1,808 $ / sqft: $479 low | high Med: $207 On site: 241 low | high Med: 17 | |
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