Offered for sale is an absolute net lease Havertys Furniture located in Cedar Park (Austin), Texas. The 53,105-square-foot building sits on 5.27 acres near Lakeline Mall and is positioned within a dominant regional retail cluster alongside Macy’s and JCPenney with proximity to Target, H-E-B, and Alamo Drafthouse, offering exposure and below-market in-place rent of $9.57/SF. The tenant has operated at this location for more than 25 years and recently exercised an option, demonstrating continued commitment to the site, with a lease that includes one remaining five-year option and tenant responsibility for roof and structure. The property is located at a signalized hard corner with combined 16,267 VPD and direct access to TX-183 (115,175 VPD), serving as a primary access point into Lakeline Mall.
| Price | $6,744,000 |
| Cap Rate | 7.53% |
| Building Size | 53,105 sqft |
| Lot Size | 5.27 acres |
| Year Built | 2000 |
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