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Property profile

183 And 183A Leander, TX 78641

OFF-MARKET
Retail properties & Spaces
128,509 SF
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Property summary

AI-generated overview

Northline, a Class A, two-story medical office building in Leander, Texas, offers 128,509 square feet of vacant space, divisible into units ranging from 2,543 to 112,109 square feet. Located at the intersection of Highway 183 and 183A, this prime location boasts exceptional visibility and accessibility. The property sits on 116 acres within a vibrant mixed-use development, adjacent to Austin Community College and St. David's Medical Campus, making it an ideal location for medical practices. The building features 10-foot ceilings and ample parking, with a ratio of 4-5 spaces per 1,000 square feet. Northline is part of a master-planned community designed to be Williamson County's premier live, work, and play destination, offering a dense urban environment within a Transit Oriented Development center. Construction began in 2020, and the entire development is projected to encompass 5 million square feet of retail, office, residential, hotel, and civic uses, establishing a new downtown core for Leander. Five suites are available in this multi-tenant building. This is a unique opportunity to establish a presence in a rapidly growing area with strong demographics and significant future development. The property is zoned for medical office use and offers a variety of unit sizes to accommodate various practice needs.

Property profile

Verified
Property type Retail properties & Spaces
Total area 128,509 SF

Cap rate & NOI

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

Location

183 And 183A 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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