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1850 S Lakeline Blvd
Cedar Park, TX 78613
Lakeline Rock Plaza · Retail Property For Sale
Investment Highlights
- Excellent Visibility
- 2018 Construction
- Established Retail Corridor Location
- High-Income Surrounding Demographics
Executive Summary
Constructed in 2018, Lakeline Rock Plaza serves a dense and established trade area characterized by strong household incomes, a highly educated workforce, and significant daytime population. Cedar Park's mature development pattern and limited remaining commercial land create barriers to entry for future competing retail projects, supporting the long-term value of well-located neighborhood retail assets.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
8,110 SF
Building Class
B
Year Built
2018
Price
$5,000,000
Price Per SF
$616.52
Cap Rate
4.80%
NOI
$240,130
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Parking
58 Spaces (7.15 Spaces per 1,000 SF Leased)
Amenities
- Restaurant
- Monument Signage
Property Taxes
| Parcel Number | R538899 | Improvements Assessment | $2,314,904 |
| Land Assessment | $1,216,774 | Total Assessment | $3,531,678 |
Property Taxes
Parcel Number
R538899
Land Assessment
$1,216,774
Improvements Assessment
$2,314,904
Total Assessment
$3,531,678
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