For sale
Office Units
TX
Leander
78641
15141 Ronald Reagan Blvd Unit 511

Leander Office Space For Sale

15141 Ronald Reagan Blvd Unit 511, Leander, TX 78641

View on Map

For Sale

$299,999

Shell condition office space near Apple Campus in Leander, TX.

Type:Office

Property size:

1,052 SF

Price / SF:

$285/SF

HighLights

Prime office space in shell condition, approximately 1,052 sqft.
Located just 8 miles north of the Apple Campus in Leander, TX.
High‑visibility location on Ronald Reagan Blvd with over 20,000 vehicles passing daily.
Part of Ronald Reagan Crossing, a modern mixed‑use development.
Located in a high‑density residential area with over 2,500 homes within 1.5 miles.
Expansion plans for Ronald Reagan Blvd to six lanes.

We can help!

Listing Contact

Nagajyothi Mailavaram

Learn more

For Sale

$299,999

Shell condition office space near Apple Campus in Leander, TX.

Type:Office

Property size:

1,052 SF

Price / SF:

$285/SF

Added:: Dec 10, 2023
Days on Market:: 913
Last Refresh:: May 13 at 8:44 pm

Property Features for 15141 Ronald Reagan Blvd Unit 511

General Information

Standard status: Active
Size: 1,052 SF
Property subtype: Office

Building Details

Year Built: 2023

We can help!

Listing Contact

Nagajyothi Mailavaram

Listing agent Nagajyothi Mailavaram

Listing office REKonnection, LLC

Listing date Dec 10, 2023

Source Xome

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of REKonnection, LLC

HighLights

Prime office space in shell condition, approximately 1,052 sqft.
Located just 8 miles north of the Apple Campus in Leander, TX.
High‑visibility location on Ronald Reagan Blvd with over 20,000 vehicles passing daily.
Part of Ronald Reagan Crossing, a modern mixed‑use development.
Located in a high‑density residential area with over 2,500 homes within 1.5 miles.
Expansion plans for Ronald Reagan Blvd to six lanes.

Overview

Available for sale is an office space in shell condition, encompassing approximately 1,052 square feet. The property is situated 8 miles north of the Apple Campus in Leander, Texas, offering a highly visible location suitable for various service-based businesses, including insurance agencies, real estate offices, law firms, title companies, start-ups, small medical practices, tax consultants, and IT agencies. Located on Ronald Reagan Boulevard, the site benefits from high traffic, with over 20,000 vehicles passing daily. It is part of the Ronald Reagan Crossing development, a modern, mixed-use project featuring 37,000 square feet of medical and professional office space, 45,000 square feet of retail space, 6,000 square feet of drive-through businesses, and a 10,000 square foot daycare facility. The property is located in a high-density residential area with over 2,500 homes within 1.5 miles, positioned at a signalized hard corner with strong AM traffic flow. The city has plans to expand Ronald Reagan Boulevard to six lanes, which will further enhance accessibility. Interior construction is already underway in the contemporary buildings within the development. NNN is $13 per square foot.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$44.2k	$42.00
− Vacancy	−$10.7k	−$10.21
EGI	$33.4k	$31.79
− OpEx	−$8.4k	−$7.95
NOI	$25.1k	$23.85

1,052 SF · lease $42.00/SF/yr · vacancy 24.30% · expense 25.00%

Alternative Uses

Best Use

Office B

$358.4K

$313.6K – $418.1K (±1% cap)

NOI $25,085 @ 7.0% cap · market cap 8.36%

Second Best

—

no second resolved use

Theoretical Best

Office A

$439.8K

$384.8K – $513.1K (±1% cap)

NOI $30,783 @ 7.0% cap · market cap 10.26%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Office Units

Map

City: Leander
County: Travis
State: Texas
Longitude: -97.9247
Latitude: 30.558

Nearby Similar for Sale

$519,000

3,324 SF

Historic Home on High-Traffic Thoroughfare

Historic 3,324 SF home on a 1-acre lot.

600 S Bagdad Road, Leander, TX 78641

View Details
Contact for pricing
13,468 SF

20624 FM 1431, Lago Vista, TX 78645

20624 Lago Vista Way, Leander, TX 78645

View Details
$320,000

Move-in Ready Leander Office Condo

Office condo in the heart of Leander, Texas.

660 S Bagdad Rd 140, Leander, TX 78641

View Details
$849,000

Leander Mixed-Use Corner Lot Property

Adaptable mixed-use property in high-visibility Leander location.

2100 S Bagdad Rd, Leander, TX 78641

View Details
$499,000

1,243 SF

Restaurant Ready Retail Space

Retail space ready for restaurant use with grease trap installed.

10824 E Crystal Falls Pkwy, Leander, TX 78646

View Details
$330,000

Move-in Ready Leander Office Condo

Office condo in the heart of Leander, move-in ready.

660 S Bagdad Rd Ste 140, Leander, TX, 78641-5291

View Details
Contact for pricing
4,101 SF

Turnkey Bar and Restaurant Opportunity

Operating 4,010 SF bar/restaurant in revitalized Old Town Leander.

105 W Willis St, Leander, TX

View Details
Contact for pricing
4,231 SF

Leander Restaurant Opportunity

4,231 SF restaurant in turn-key condition for sale.

15609 Ronald W Reagan Blvd, Leander, TX

View Details
Contact for pricing
1,377 SF

Established Retail Space in Leander

Profitable retail space in a rapidly developing mixed-use center.

Ronald W Reagan Blvd, Leander, TX

View Details
Contact for pricing
21,529 SF

Leander Industrial Property for Sale

Industrial property with convenient access to major transportation routes.

1809 Hur Industrial Blvd, Leander, TX

View Details
$2,695,000

5,562 SF

Hill Country Estate with Income Potential

Gated hilltop estate with short-term rental income and commercial potential.

11104 Trails End Rd, Leander, TX 78641

View Details
$399,500

Lake Travis Condo with Rental Potential

Updated condo with lake views, resort amenities, and rental income.

3404 American Drive #3119, Lago Vista, TX 78645,

View Details

For sale
Office Units
TX
Leander
78641
15141 Ronald Reagan Blvd Unit 511

What type of property is this?

Office units - Shell condition office space near Apple Campus in Leander, TX.

Where is this office units located?

The property is located at 15141 Ronald Reagan Blvd Unit 511 Leander, TX.

What is the asking price?

The asking price for this property is $299,999.

What are key features of this property?

This property features: Prime office space in shell condition, approximately 1,052 sqft.; Located just 8 miles north of the Apple Campus in Leander, TX.; High‑visibility location on Ronald Reagan Blvd with over 20,000 vehicles passing daily.