Hill Country Water Gardens & Nursery

Hill Country Water Gardens & Nursery

Cedar Park, TX

Cedar Park, TX

Hill Country Water Gardens & Nursery

Offered for sale is a 5.15-acre corridor site positioned along North Bell Boulevard (US-183) in Cedar Park, one of the most rapidly expanding submarkets within the Austin MSA. The parcel represents one of the limited remaining large-scale tracts along this primary commercial artery, where continued mixed-use, residential, and retail densification is actively reshaping the corridor. The property is secured by a newly executed 5-year absolute net lease commencing at close of escrow, featuring 2% annual rent increases. The lease structure provides defined near-term contractual income with no landlord responsibilities, allowing an investor to recapture a portion of basis during the lease term while evaluating long-term redevelopment or repositioning strategies. The scale of the site, combined with its frontage along US-183, provides flexibility within a high-growth environment where comparable large parcels are increasingly limited.

Price $5,400,000
Cap Rate 7.11%
Building Size 2,752 sqft
Lot Size 5.15 acres
Year Built 1950/2023
Offering Memorandum

Joseph Blanga

Director
(512) 338-7833
Joseph.Blanga@marcusmillichap.com
License: TX 736919

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • New 5-Year Absolute NNN Lease | No Options | Income & Future Repositioning
  • 5.15-Acre US-183 Corridor Parcel | One of the Few Remaining Large-Scale Sites
  • North Bell Boulevard Location (46,298 VPD) Near Whitestone Boulevard (41,975 VPD)
  • Positioned Between Nebraska Furniture Mart Development and The Bell District
  • Dense and Affluent 5-Mile Trade Area | 198,890 Residents | $160,580 Avg HH Income
  • Easy Access to 183A Toll, SH-45, SH-130 & I-35
  • Hill Country Water Gardens & Nursery | Operating at This Location Since 1999

Joseph Blanga

Director
(512) 338-7833
Joseph.Blanga@marcusmillichap.com
License: TX 736919

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
Go to Top