512-580-6224
, Cedar Park, TX for Sale
Retail - FOR SALE
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Dual Tenant Net Leased Investment
Cedar Park, TX


HIGHLIGHTS

  • This property features two high-quality tenants with staggered lease terms and annual rent increases, ensuring long-term income stability and growth.
  • Anchored by a childcare operator and an event space, the property provides a reliable and diverse income stream backed by top-tier tenants.
  • The property benefits from strong visibility and accessibility in the rapidly growing Cedar Park market.

OVERVIEW

Partners Real Estate is pleased to present a dual-tenant net leased investment in Cedar Park, TX, offering a diverse income stream with speech and auditory therapy for children and event space backed by top-tier credit tenants. Situated on a large 3.113-acre parcel with prime frontage on Parmer Lane, this 100% occupied property features staggered lease terms with annual increases, ensuring long-term income stability. The 20,623 SF rentable area, split between two buildings (11,612 SF & 9,011 SF), benefits from a weighted average lease term of 104 months and a net operating income of $568,790.84, with an average rental rate of $27.58/SF. Built in 2007 and renovated in 2022, this well-maintained asset presents an exceptional investment opportunity in a growing market.

ASK ABOUT THIS PROPERTY

Ryan McCulloughPartnersMore Info
512-580-6224

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Ryan McCulloughPartnersMore Info
512-580-6224

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.