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Retail & Industrial Flex Tracts 2 Properties in Cedar Park, TX
INVESTMENT HIGHLIGHTS
- 46,015 SF across retail and flex spaces on 3.73 acres in Cedar Park’s growth corridor
- Strong occupancy with diverse tenants and short WALT for value-add potential
- High-growth market with robust demographics and connectivity to Austin metro
- Excellent visibility with prominent pylon signage and dual ingress/egress points
- Located near Bell District, a $750M mixed-use development transforming the area
- Opportunity for market-to-market rent adjustments and operational improvements
EXECUTIVE SUMMARY
This investment opportunity at 600 S Bell in Cedar Park, TX, features retail and flex buildings, encompassing 3.73 acres and 46,015 square feet of leasable space. The property is divided into a 28,465 SF Retail Center and a 17,550 SF Business Park. It boasts high occupancy rates of 90% for retail and 93% for flex spaces, with a diverse tenant. The property has been under ownership since 1991 and is now being introduced to the market for the first time by CBRE. This exclusive offering is available to qualified investors, and principals are encouraged to engage directly with the listing team.
The property offers significant value-add potential due to below-market rental rates and a short Weighted Average Lease Term (WALT), allowing for mark-to-market adjustments on base rents and operating expenses (OPEX).Excellent visibility is provided by pylon signage, and accessibility is enhanced by dual ingress/egress points from S Bell Boulevard and Brushy Creek.
Cedar Park is a rapidly expanding area within the Austin Metropolitan Statistical. The recently completed first phase of the $750 million Bell District, a walkable mixed-use development, includes a new library. This development is transforming the Bell Boulevard corridor into a vibrant hub with retail, dining, entertainment, housing, and office spaces. The investment at 600 S Bell presents a chance to capitalize on a well-located asset with immediate income and substantial upside through strategic lease management and market rate adjustments.
The property offers significant value-add potential due to below-market rental rates and a short Weighted Average Lease Term (WALT), allowing for mark-to-market adjustments on base rents and operating expenses (OPEX).Excellent visibility is provided by pylon signage, and accessibility is enhanced by dual ingress/egress points from S Bell Boulevard and Brushy Creek.
Cedar Park is a rapidly expanding area within the Austin Metropolitan Statistical. The recently completed first phase of the $750 million Bell District, a walkable mixed-use development, includes a new library. This development is transforming the Bell Boulevard corridor into a vibrant hub with retail, dining, entertainment, housing, and office spaces. The investment at 600 S Bell presents a chance to capitalize on a well-located asset with immediate income and substantial upside through strategic lease management and market rate adjustments.
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 46,015 SF |
| Number of Properties | 2 | Total Land Area | 3.45 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 46,015 SF |
| Total Land Area | 3.45 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 600 S Bell Blvd, Cedar Park, TX 78613 | Industrial | 17,550 SF | 1965 | - |
|
Cedar Park Plaza
600 S Bell Blvd, Cedar Park, TX 78613 |
Retail | 28,465 SF | 1965 | - |
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Retail & Industrial Flex Tracts
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