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THE CHILDREN’S COURTYARD – CEDAR PARK, TX 2001 S Lakeline Blvd 11,932 SF Retail Building Cedar Park, TX 78613 $2,440,000 ($204.49/SF) 7% Cap Rate
Investment Highlights
- ABSOLUTE NNN LEASE: 4+ years remaining on extended 10-year Absolute NNN lease with one 5-year renewal option remaining
- STRONG INTRINSIC VALUE | HISTORICAL OCCUPANCY: Priced well-below replacement cost in affluent suburb of Austin - successfully open & operating
- Excellent drive-by visibility/access with traffic counts of 30,433 CPD!
- CORPORATE GUARANTEED LEASE: Learning Care Group has more than 1,070 schools nationwide across 11 unique brands
- IRREPLACEABLE LARGE LOT: Positioned on a large ±2.26-acre lot in affluent suburb of Austin at the intersection of S Lakeline Blvd & Lakeline Oaks D
- VERY AFLUENT 2026 DEMOGRAPHICS: Total Population (5MI): 196,247 | Average Household Income (1MI): $181,738
Executive Summary
(Building & Land) Fee Simple
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
11,932 SF
Building Class
B
Year Built
2003
Price
$2,440,000
Price Per SF
$204.49
Cap Rate
7%
NOI
$170,795
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.26 AC
Zoning
C - Commercial
Amenities
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R438961 | Improvements Assessment | $2,294,960 |
| Land Assessment | $1,105,040 | Total Assessment | $3,400,000 |
Property Taxes
Parcel Number
R438961
Land Assessment
$1,105,040
Improvements Assessment
$2,294,960
Total Assessment
$3,400,000
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THE CHILDREN’S COURTYARD – CEDAR PARK, TX | 2001 S Lakeline Blvd
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