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Office Condo with Buildout
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700 West New Hope Drive, Cedar Park, TX 78613

Office condo totaling 1,300 square feet with framing for six offices, restroom, and break room.

Space SizeContact for details
Days on Market54

Property Features for 700 West New Hope Drive

General Information

Standard status Active
Class B
Property subtype Retail

Building Details

Year Built 2025
Tenancy Multiple

Spaces For Lease

at 700 West New Hope Drive Contact us

Unit 106

Availability
Active
Contact us
Listing Agency: Don Quick & Associates Inc
Listed By: Caitlin Morales · License #681664-SA
Source: Crexi
Added: Jul 16 Changed: Sep 6 Last Checked: Sep 5 at 9:28PM

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 Don Quick & Associates Inc

Investment Insights

Based on property information with market context.

This 1,300-square-foot office condo includes framing in place to create up to six offices, along with a restroom and a break room. The tenant has the opportunity to reconfigure the layout if needed, and will be responsible for completing the MEP systems to finish the space.

The property is located on the frontage of a high-traffic corridor along West New Hope Drive.

In addition, two neighboring units are available for lease, offering potential to lease contiguously for up to 3,900 square feet under a joint lease scenario the owners have expressed interest in pursuing.

Key Highlights

  • 1,300 SF office condo with framing in place to create 6 offices, a restroom, and a break room
  • Space is set up for tenant reconfiguration, with the ability to complete the MEP to finish the unit
  • Potential to lease up to 3,900 SF contiguously with two neighboring units (joint lease scenario expressed)

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Barber Shop (Bike/Boat/Book/etc) Store Hair Salon Hotel & Motel Accounting Firm

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

678
Businesses Nearby

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

Lease Benchmarks for Cedar Park, TX

$18.36 /SF/Yr
Avg Asking Price
$3.8–$24.71 /SF/Yr
Price Range
4,581 SF
Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office condo totaling 1,300 square feet with framing for six offices, restroom, and break room.
Where is this office units located?
The property is located at 700 West New Hope Drive Cedar Park, TX.
What are key features of this property?
This property features: 1,300 SF office condo with framing in place to create 6 offices, a restroom, and a break room; Space is set up for tenant reconfiguration, with the ability to complete the MEP to finish the unit; Potential to lease up to 3,900 SF contiguously with two neighboring units (joint lease scenario expressed)
(512) 255-3000 Call to check price and availability
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