15141 Ronald Reagan Blvd, Leander, TX 78641
Commercial space in high-traffic area with exceptional visibility.
- Added:
- Mar 21, 2024
- Days on Market:
- 810
- Last Refresh:
- May 13 at 8:10 pm
Property Features for 15141 Ronald Reagan Blvd
General Information
- Standard status
- Active
- Size
- 977 SF
- Property subtype
- Office
Listing agent Swarna Lakshmi Mohan License #657184
Listing office Fullcircle Real Estate
Listing date Mar 21, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Fullcircle Real Estate
HighLights
- Prime road‑facing visibility on Ronald Reagan Blvd in a well‑established commercial center.
- High‑traffic location with proximity to neighborhoods and schools.
- Monument and building signage available for brand visibility.
- Benefit from 18‑foot high ceilings suitable for professional, medical, or flex space.
- Located in a commercial center with over 100,000 square feet of thriving businesses.
- Close proximity to amenities such as daycare, restaurants, and retail marketplace.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.0k | $42.00 |
| − Vacancy | −$10.0k | −$10.21 |
| EGI | $31.1k | $31.79 |
| − OpEx | −$7.8k | −$7.95 |
| NOI | $23.3k | $23.85 |
Alternative Uses
Current Use by Public Records
Map
- City
- Leander
- County
- Travis
- State
- Texas
- Longitude
- -97.9247
- Latitude
- 30.558