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14300 Ronald Reagan Blvd - Building 1 1,281 - 1,511 SF Retail Condo Units Offered at $934,073 - $942,545 Per Unit in Cedar Park, TX 78641
Investment Highlights
- Offers a premier location at 14300 Ronald Reagan Boulevard with an abundance of parking and easy access to FM 1431 and major thoroughfares.
- Among the metro’s most affluent areas with an average annual household income of $145K, contributing to nearly $1B in spending within a 3-mile radius.
- Features flexible condo configurations with high-quality finishes and immediate availability, ideal for professional service firms and medical users.
- Step into a thriving talent ecosystem, where the population in a 3-mile radius is projected to grow by 26.4% by 2029, & 53% hold a bachelor’s degree.
Executive Summary
14300 Ronald Reagan Boulevard presents a unique investment and ownership opportunity within Cedar Park’s thriving Centro Plaza mixed-use development. This offering features individual office condos thoughtfully designed with high-quality finishes and efficient layouts, ideal for professional service firms and medical users. Owners can occupy single suites for their own operations or combine multiple units to create an expanded footprint for long-term flexibility. The property is anchored in one of Greater Austin’s fastest-growing corridors, providing excellent access via Ronald Reagan Boulevard and FM 1431. Nearby residential growth and strong local demographics—characterized by high household incomes and expanding neighborhoods—support sustained demand for professional office and medical services in this area. Strategic positioning along a high-traffic arterial with visibility to over 30,000 vehicles per day enhances the long-term appeal and accessibility of these units. Ownership within Centro Plaza offers additional advantages beyond the physical space. The development includes on-site retail and dining amenities, providing convenience for both employees and clients. Combined with ample surface parking, modern infrastructure, and immediate availability, this opportunity stands out as an attractive choice for businesses or investors seeking to enter a robust, growing submarket of the Austin region.
2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | R631801, R656011, R656022 |
| Cap Rate | 5.50% |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| APN/Parcel ID | R631801, R656011, R656022 |
| Sale Type | Investment | APN/Parcel ID | R631801, R656011, R656022 |
| Cap Rate | 5.50% |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| APN/Parcel ID | R631801, R656011, R656022 |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 101 | 1,281 SF | Retail | $942,545 ($735.79/SF) | $51,839.98 |
| Unit 103 | 1,511 SF | Retail | $934,073 ($618.18/SF) | $51,374.02 |
Unit 101
| Unit Size |
| 1,281 SF |
| Condo Use |
| Retail |
| Price |
| $942,545 ($735.79/SF) |
| NOI |
| $51,839.98 |
Unit 103
| Unit Size |
| 1,511 SF |
| Condo Use |
| Retail |
| Price |
| $934,073 ($618.18/SF) |
| NOI |
| $51,374.02 |
Unit 101
| Unit Size | 1,281 SF |
| Condo Use | Retail |
| Price | $942,545 ($735.79/SF) |
| NOI | $51,839.98 |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| APN/Parcel ID | R631801, R656011, R656022 |
Unit 103
| Unit Size | 1,511 SF |
| Condo Use | Retail |
| Price | $934,073 ($618.18/SF) |
| NOI | $51,374.02 |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| APN/Parcel ID | R631801, R656011, R656022 |
Property Facts
| Total Building Size | 8,486 SF | Typical Floor Size | 8,486 SF |
| Property Type | Retail | Year Built | 2024 |
| Property Subtype | Storefront | Lot Size | 15.00 AC |
| Building Class | B | Parking Ratio | 5.76/1,000 SF |
| Floors | 1 | ||
| Zoning | Mixed use development - Building 1 is for retail, Buildings 6 and 8 are office condos. | ||
| Total Building Size | 8,486 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 8,486 SF |
| Year Built | 2024 |
| Lot Size | 15.00 AC |
| Parking Ratio | 5.76/1,000 SF |
| Zoning | Mixed use development - Building 1 is for retail, Buildings 6 and 8 are office condos. |
Amenities
- 24 Hour Access
- Restaurant
- Signage
- Signalized Intersection
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
About Round Rock
Home to some of Austin’s largest employers including, Dell, Houghton Mifflin, and Emerson Process Management, Round Rock is Austin’s premier suburb. Round Rock garners accolades for its abundant job opportunities, great public schools, and affordable housing. In fact, it’s been named the second best place to live in the U.S. by Money Magazine, one of the coolest suburbs in America by Apartment Therapy, and third “Best Performing City” by the Milken Institute. These factors are surely the reason that Williamson County, which is home to Round Rock was the fastest-growing county in America, among counties with more than 500,000 residents, in 2019.
Round Rock is squarely in Austin’s northern path of growth. The area is also at the epicenter of Austin’s housing construction boom. A number of relatively affordable master-planned communities have been developed in recent years in nearby Georgetown and Pflugerville, and roughly 3,000 new apartment units have been built in Round Rock since 2015.
As more tenants look to locate close to where their employees live, commercial real estate in Round Rock will likely benefit from this trend.
Demographics
Demographics
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Domino’s | - | - | 1 min walk |
| Pizza Depot | Pizza | - | 3 min walk |
| The Toasted Yolk Cafe | - | - | 9 min walk |
| Auntie Anne's Pretzels | Bakery | - | 9 min walk |
| Jamba Juice | - | - | 10 min walk |
Retail |
||
|---|---|---|
| Tommy's Express Car Wash Systems | Other Retail | 9 min walk |
| The Learning Experience | Daycare | 13 min walk |
Hotels |
|
|---|---|
| Hyatt Place |
137 rooms
7 min drive
|
| SpringHill Suites |
85 rooms
9 min drive
|
| Hampton by Hilton |
110 rooms
9 min drive
|
| Home2 Suites by Hilton |
119 rooms
14 min drive
|
| Tru by Hilton |
98 rooms
14 min drive
|
Sale Advisor
Sale Advisor
Mallik Gilakattula, Owner
Presented by
14300 Ronald Reagan Blvd - Building 1
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