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Miscellaneous

Hill Country Water Gardens & Nursery

1407 N Bell Blvd, Cedar Park, TX 78613

Listing Price: $5,400,000

Cap Rate
7.11%
Tenant Name
Hill Country Water Gardens & Nursery
Gross SF
2,752
Guarantor
No Guarantee
Rentable SF
2,752
Price/Gross SF
$1,962.21
Lease Type
Absolute Net
Rent Per Square Feet
$139.53

Investment Overview

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.

Investment Highlights

  • 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
  • Austin–San Antonio Metro Population Projected to Grow by 3M+ by 2050

Exclusively Listed By

Financing By

Miscellaneous

Hill Country Water Gardens & Nursery

Listing Price: $5,400,000

Cap Rate
7.11%
Tenant Name
Hill Country Water Gardens & Nursery
Gross SF
2,752
Guarantor
No Guarantee
Rentable SF
2,752
Price/Gross SF
$1,962.21
Lease Type
Absolute Net
Rent Per Square Feet
$139.53

Investment Highlights

  • 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
  • Austin–San Antonio Metro Population Projected to Grow by 3M+ by 2050

Investment Overview

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.

Exclusively Listed By

Financing By

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