1204 Arrow Point Dr | Cedar Park, TX 78613
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1204 Arrow Point Dr
Cedar Park, TX 78613
Pet Paradise | 6.75% Cap | 18 Y Abs NNN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- HIGH CALIBER OPERATOR: Pet Paradise is a comprehensive pet health care provider with 63 locations across 11 states.
- FAVORABLE DEMOGRAPHICS: Cedar, TX is an affluent community with a population of 236,426 residents within 3-miles of the subject property.
- SURROUNDING MEDICAL OFFICES: The property is part of a growing medical hub, with nearby facilities such as Austin Regional Clinic.
- LONG-TERM ABSOLUTE NNN LEASE – The operator is on a long-term absolute NNN lease with over 18 years remaining, which minimizes roll over risk.
- POPULATION GROWTH: Cedar Park’s continuous population growth aligns with the broader expansion of the Greater Austin area.
- CONCENTRATED NEARBY RETAIL: The property is close to major retail centers, including 1890 Ranch Shopping Center and The Parke.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
20,296 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.89 AC
Zoning
GB - General Business
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | R631560 | Improvements Assessment | $5,472,963 |
| Land Assessment | $1,202,553 | Total Assessment | $6,675,516 |
PROPERTY TAXES
Parcel Number
R631560
Land Assessment
$1,202,553
Improvements Assessment
$5,472,963
Total Assessment
$6,675,516
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