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    OFF-MARKET
    Lifestyle centers

    16740 Ronald Reagan Blvd, Leander, TX 78641

    22,000 SF 5.5 ac lot Built 2025
    Property ID
    Property summary
    AI-generated overview

    This exceptional 22,000-square-foot retail center in Leander, Texas, presents a unique investment opportunity. Located at 16740 Ronald Reagan Blvd, in Williamson County, zip code 78641 (30.578749, -97.804914), this property boasts high visibility with direct frontage on Ronald Reagan Boulevard, ensuring excellent access and exposure. Built in 2025, the center comprises 12 individual units, currently vacant, offering flexibility for a variety of uses. The property type is classified as Retail, with subtypes including QSR/Fast Food, Restaurant, and Shopping Center, making it suitable for a diverse range of tenants. The lease type is NNN, and the entire 5.5-acre lot is available for sale. This presents a blank canvas for a developer or investor to create a thriving retail destination. The property's strategic location in the rapidly growing Leander market offers significant potential for long-term appreciation and strong rental income. The 100% vacancy rate provides an immediate opportunity to customize the space to meet specific tenant needs and maximize rental income. This is a rare chance to acquire a substantial retail property in a prime location with significant upside potential. The property's size and location make it ideal for a variety of retail concepts, from individual units to a larger, unified development.

    Property profile
    Verified
    Property type Lifestyle centers
    Year built 2025
    Total area 22,000 SF
    Lot 5.5 ac (239,580 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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