1602 Medical Pkwy, Cedar Park, TX for sale

Investment Overview

1602 Medical Parkway offers investors a modern, freestanding office building totaling 8,553 SF and completed in 2015. Designed for long-term functionality and appeal, the property presents a clean, efficient layout suited for a wide range of office users. The building is served by a convenient surface parking lot, enhancing accessibility for tenants, clients, and staff. With newer construction and a stand-alone presence, this asset provides an attractive opportunity for an investor seeking a low-maintenance office property with strong usability and enduring marketability. Its thoughtful design and professional setting make it well positioned for stable occupancy and long-term value.

Investment Highlights

• Established Healthcare Corridor & Hospital Proximity: Directly adjacent to Cedar Park Regional Medical Center and a robust network of specialty medical providers, offering immediate synergy and referral potential.
• Freestanding Facility with High Medical Conversion Potential: Single-story 8,553 SF layout with surface parking, ideally suited for rapid adaptive reuse into specialty outpatient clinics, diagnostic imaging, or surgical suites.
• Flexible Acquisition Strategies: Available for sale or lease, allowing owner-users and investors to align real estate strategy with long-term capital and operational goals.