Investment Overview
Built in 2021 and fully leased, this 972 SF office condo at 1908 Yaupon Trail, Building 1, Suite 104 is a stabilized investment opportunity in Cedar Park's established professional corridor. The suite is currently occupied by a physician practice under a 36-month modified gross lease running through June 30, 2029 — personally guaranteed — with contractual rent escalations stepping to $2,333.98/month in the final lease year.
The layout is clean, flexible, and functional: reception area, four private offices, break room, and a private restroom. Zoned General Business, the suite is well-suited for medical or professional office, wellness, financial services, legal, insurance, therapy, or select personal services — the kind of versatile footprint that attracts a wide range of tenants at renewal. Built-out and finished to a high standard in 2021. No TI exposure, no vacancy risk, no lease-up story to tell.
The property offers 24-hour access, ample parking, bicycle storage, and a low monthly HOA. Neighboring tenants include law offices, CPA firms, and insurance agencies — a professional environment that supports virtually any service-based business. The immediate trade area is strong: 84,942 residents within 3 miles, average household income of $145,687, average age 36.7.
Three years of contractual income. A guaranteed tenant. A flexible asset that won't sit vacant at renewal. This is the deal.
Investment Highlights
- Fully leased — currently physician-occupied
- Versatile layout suited for medical, professional, wellness, legal, financial, or personal services use
- 36-month lease term through June 30, 2029
- Personal guaranty in place
- Modified gross lease — tenant pays utilities and HVAC
- Built-in annual rent escalations through lease expiration
- Reception, 4 private offices, break room, private restroom
- Built 2021 — no deferred maintenance
- Zoned General Business
- $380/SF asking price · $369,360 total