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Freestanding CVS Retail Building
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1950 S Bagdad Rd, Cedar Park, TX 78613

Freestanding CVS property on 1.56 acres with approximately 10 years remaining on the current lease term.

Property Size14,939 SF
Lot Size1.56 Acres
Days on Market134

Property Features for 1950 S Bagdad Rd

General Information

Standard status Active
Size 14,939 SF
Lot size 1.56 Acres
Property subtype Retail
Listing Agency: Venture Commercial
Listed By: John Zikos · License #TX 375018
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 5:21AM

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 Venture Commercial

Investment Insights

Based on property information with market context.

Freestanding CVS retail building totaling 14,939 square feet is situated on 1.56 acres. The property offers approximately 10 years remaining on the initial lease term, which includes a rent holiday for the final three years, and also includes 10 additional five-year options.

The site is located at the northeast corner of S. Bagdad Rd and New Hope Dr in Cedar Park, Texas, approximately 18 miles from Austin’s Central Business District. Cedar Park is described as a fast-growing suburb of Austin.

This offering presents a single-tenant, freestanding CVS asset with a structured lease and multiple renewal options.

Key Highlights

  • Freestanding 14,939 SF CVS on 1.56 acres at the NEC of S. Bagdad Rd and New Hope Dr in Cedar Park, TX
  • Approximately 10 years remaining on the initial lease term, including a rent holiday for the final three years
  • Lease includes 10 additional five‑year options

Property Analytics

Current Use

CVS Photo (Bike/Boat/Book/etc) Store Redbox Cinema CDReload - Online Bitcoin ... Crypto Atm LibertyX Bitcoin ATM Atm

Suggested Use

Top Pick Restaurant Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

510
Businesses Nearby
55k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 73% Shops & Services 27%
Starbucks Dining
15,107 visits/mo 0.1 miles
HTeaO Dining
13,350 visits/mo 0.1 miles
SONIC Drive In Dining
11,657 visits/mo 0.1 miles
7-Eleven Shops & Services
10,024 visits/mo 0.0 miles
Exxon Shops & Services
4,647 visits/mo 0.0 miles

Demographics for 78613, TX

89,279
Population
34,198
Households
2.6
Avg Household Size
36
Median Age
55%
College-Educated
97%
High-School Grad
27.7 sq mi
ZIP Area
3,223
Density / Sq Mi
$120,829
Median Household Income
$61,782
Median Earnings
$1,733
Median Rent
$461,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • CVS Pharmacy 1950 bagdad rd, cedar park, tx 78613
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  • Timothy Cheum 201 Walton Way, Cedar Park, TX 786137016
  • Zeerak Razvi 1950 Bagdad Rd, Cedar Park, TX 786136425
  • Walmart Pharmacy 201 Walton Way, Cedar Park, TX 78613

Frequently Asked Questions

What type of property is this?
Drug store - Freestanding CVS property on 1.56 acres with approximately 10 years remaining on the current lease term.
Where is this drug store located?
The property is located at 1950 S Bagdad Rd Cedar Park, TX.
What are key features of this property?
This property features: Freestanding 14,939 SF CVS on 1.56 acres at the NEC of S. Bagdad Rd and New Hope Dr in Cedar Park, TX; Approximately 10 years remaining on the initial lease term, including a rent holiday for the final three years; Lease includes 10 additional five‑year options
(214) 378-1212 Call to check price and availability
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