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27821094
27821095

2301 S Bagdad Rd, Cedar Park, TX 78613

McAllister and Associates
Listed by McAllister and Associates
$900,000
233 days on market
Updated 33 days ago

2301 South Bagdad Road Units #303-305

Details
Property Type Office
Sub Type Medical Office
Square Footage 2,478
Units 3
Cap Rate 5.90%
NOI $52,583
Tenancy Single
Lease Type NNN
Lease Term 2
Rent Bumps Yes
Lease Options 2 5 year extensions
Price per SqFt $363
Class B
Year Built 2016
Buildings 1
Stories 1
Lot Size (SqFt) 2,478
Zoning LB (Local Business)
Investment Type Net Lease
Sale Condition For sale by owner

High Potential Investment Opportunity located in the heart of Cedar Park

Marketing description



Sun-lit, open, and highly functional, these three adjoining condominium suites offer a flexible layout that’s ideal for medical, professional, or creative office use. Expansive open areas at the front of each suite flow naturally into private offices and collaboration zones, giving teams room to work, meet, and greet. Warm hardwood floors run throughout, adding a polished, contemporary feel and easy day-to-day maintenance. With three separate kitchens one per suite you get true operational flexibility for staff breaks, client hospitality, and longer workdays without leaving the building. The result is a move-in-ready environment that balances welcoming common space with plentiful, efficient office square footage.

Investment highlights

Tenant & Credit: Multi-location operator with a footprint in Texas and Colorado; experienced, stable operations.

Location: In the heart of Cedar Park and within ~3 miles of six or more schools; positioned in the long-term growth path of Williamson County.

Zoning: LB (Local Business) zoning supports neighborhood-scale commercial and medical/professional office uses.

Construction/Condition: Newer construction, low-maintenance finishes (including hardwood floors) across three contiguous units; practical layout for medical/professional workflows.

Traffic & Visibility: Prominent frontage along W. Bagdad Rd with strong daily drive-by exposure; quick access to Whitestone (RM 1431) and 183A.

Nearby Demand Drivers: Minutes to H-E-B/Costco, regional healthcare, parks, and event venues—steady daytime population and evening/weekend activity.

Cash Flow Profile: Approx. 5.9% initial cap with 3% annual rent escalations; durable, inflation-hedged income stream suited to a long-term hold.

Listing Contacts

McAllister and Associates
Listed by McAllister and Associates

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$52,583.00
$4,381.92/mo

Valuation Metrics

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DSCR
5.84%
Cap Rate
5.84%
ROI

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