Property profile

15141 Ronald Reagan Blvd Leander, TX 78641

OFF-MARKET
Office Spaces
1,052 SF 0.02 ac lot Built 2023
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Property summary

AI-generated overview

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

Property profile

Verified
Property type Office Spaces
Year built 2023
Total area 1,052 SF
Lot 0.02 ac (871 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

15141 Ronald Reagan Blvd Leander, TX 78641
Leander metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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