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Investment Highlights

  • Prime corner location with excellent visibility.
  • Surrounded by dense residential and commercial activity.
  • Flexible zoning for diverse retail and service uses.
  • Minutes from Nebraska Furniture Mart and upcoming Scheels.
  • Strong traffic counts and high household incomes nearby.

Executive Summary

This property offers a prime retail opportunity in Cedar Park’s thriving corridor, positioned at the NE corner of W New Hope Dr and Bagdad Rd. Minutes from Nebraska Furniture Mart and the highly anticipated Scheels destination store, the site benefits from strong neighborhood density, excellent visibility, and high traffic counts. Surrounded by established residential communities, schools, and commercial activity, this location is ideal for retail, medical, wellness, and service-oriented businesses seeking long-term growth in a proven trade area.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 108
  • 1,874 SF
  • Retail
  • Upon Request
  • -
Sale Type Investment or Owner User
Description
The Shops at New Hope present a 1,874-square-foot storefront retail/ office condo available for sale (or lease). The condo has a brick facade, a covered awning above the glass window storefront, and building signage available. It has a flexible layout, plenty of parking on-site, and is in line with local retailers such as Hype Bar & Grill and Body Lab Massage Spa. The Shops in New Hope also offer prominent center signage off W New Hope Drive and multiple points of entry/ exit.
Sale Notes
For investors or owner-users, 821 W New Hope Dr offers a rare chance to secure a well-located retail asset in Cedar Park’s expanding trade area. Positioned near high-profile developments and surrounded by affluent neighborhoods, this property promises strong fundamentals and long-term appreciation. The flexible General Business zoning and cold shell condition provide adaptability for multiple concepts, while the site’s strategic corner location ensures maximum visibility. With Cedar Park’s continued growth and rising demand for retail and service spaces, this asset represents a compelling acquisition opportunity for those looking to capitalize on a vibrant market.
Unit Unit Size Condo Use Price NOI
Unit 108 1,874 SF Retail Upon Request -

Unit 108

Unit Size
1,874 SF
Condo Use
Retail
Price
Upon Request
NOI
-

Unit 108

Unit Size 1,874 SF
Condo Use Retail
Price Upon Request
NOI -
Sale Type Investment or Owner User
Description
The Shops at New Hope present a 1,874-square-foot storefront retail/ office condo available for sale (or lease). The condo has a brick facade, a covered awning above the glass window storefront, and building signage available. It has a flexible layout, plenty of parking on-site, and is in line with local retailers such as Hype Bar &amp; Grill and Body Lab Massage Spa. The Shops in New Hope also offer prominent center signage off W New Hope Drive and multiple points of entry/ exit.</li></ul>
Sale Notes
For investors or owner-users, 821 W New Hope Dr offers a rare chance to secure a well-located retail asset in Cedar Park’s expanding trade area. Positioned near high-profile developments and surrounded by affluent neighborhoods, this property promises strong fundamentals and long-term appreciation. The flexible General Business zoning and cold shell condition provide adaptability for multiple concepts, while the site’s strategic corner location ensures maximum visibility. With Cedar Park’s continued growth and rising demand for retail and service spaces, this asset represents a compelling acquisition opportunity for those looking to capitalize on a vibrant market.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 20,000 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Office
Building Class B
Floors 1
Typical Floor Size 18,513 SF
Year Built 2023
Lot Size 2.61 AC
Parking Ratio 4/1,000 SF
Zoning General Business - General Business/ Retail. Permitted Uses: Retail sales, nail salon, boutique fitness, and personal services
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100

Nearby Major Retailers

Starbucks
9Round
Anytime Fitness
LA Fitness
F45 Training
the Human Bean
Bank of America
Woodforest National Bank
Chase Bank
Eggs Up Grill
  • Listing ID: 34107968

  • Date on Market: 2024-12-06

  • Last Updated:

  • Address: 821 W New Hope Dr, Cedar Park, TX 78613

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