15141 Ronald Reagan Blvd, Leander, TX 78641
This 1,052 square foot office space, located at 15141 Ronald Reagan Blvd Unit 511, Leander, TX, presents a unique opportunity for businesses seeking a prime location in a rapidly growing area. Situated within the modern Ronald Reagan Crossing development, this shell-condition office benefits from exceptional visibility on a busy thoroughfare with over 20,000 vehicles passing daily. The property enjoys a highly desirable location just eight miles north of the Apple Campus, surrounded by a high-density residential area boasting over 2,500 homes within a 1.5-mile radius. Ronald Reagan Crossing itself is a mixed-use development encompassing 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 sits on a signalized hard corner with strong morning traffic flow, and the city's planned expansion of Ronald Reagan Boulevard to six lanes will further enhance accessibility. The contemporary building features interior construction currently underway. The asking price is $339,000, with a Net, Net, Net (NNN) lease rate of $13 per square foot. The 0.02-acre lot provides ample space for a variety of service-based businesses. The property is offered in shell condition
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.