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600 N Bell Blvd - North Bell Station

8,619 - 11,781 SF Condo Units Offered at $3,250,000 - $5,497,800 Per Unit in Cedar Park, TX 78613

Investment Highlights

  • 8,619 SF Immediately Available
  • New HVAC System and Expanded Parking
  • Urgent & primary Care Coming Fall 2024

Executive Summary

Located in a thriving area with over 182,000 residents within a 5-mile radius and an average household income of $132,278, the property is positioned in a robust demographic market. Strategically located near Cedar Park Regional Medical Center and Baylor Scott & White Emergency Medical Center, this property offers unparalleled access to top-tier healthcare facilities. Ideal for medical professionals, it provides seamless patient referrals, collaborative opportunities, and increased visibility in a high-demand area.

Property Facts

Price $3,250,000 - $5,497,800
Unit Size 8,619 - 11,781 SF
No. Units 2
Total Building Size 20,400 SF
Property Type Office
Property Subtype Medical
Building Class B
Floors 2
Typical Floor Size 10,200 SF
Year Built 1970
Lot Size 2.23 AC
Parking Ratio 6.81/1,000 SF

2 Units Available

Unit 200

Unit Size 8,619 SF
Price $3,250,000
Price Per SF $377.07
Condo Use Office/Medical
Sale Type Investment or Owner User
Description

The Bell Medical Building offers an exceptional opportunity in the established and expanding Cedar Park market.  With up to 8,600 square feet of space immediately available on the second floor and Cedar Park Regional Medical Center operating out of the entire first floor, tenants will benefit from a highly active medical hub.  Recent upgrades, including a new HVAC system, expanded parking, and energy efficient improvements, make this a premier location.  This offering combines modern features with strong local demographics providing an unmatched opportunity in this market.

Sale Notes

The property offers 8,619 square feet of space available on the second floor, ideal for medical or professional office use. A new 12,000-square-foot urgent care facility operated by Cedar Park Regional Medical Center is set to open on the first floor in Fall 2024, enhancing the building’s medical profile.

Unit 100

Unit Size 11,781 SF
Price $5,497,800
Price Per SF $466.67
Condo Use Medical
Sale Type Investment
Cap Rate 6.00%
NOI $329,868
Description

The Bell Medical Building offers an outstanding investment opportunity in the booming Cedar Park market. The first floor of the property, spanning approximately 11,781 square feet, is fully leased to Cedar Park Regional Medical Center for 10 years, a trusted healthcare provider. The tenant will operate a brand-new urgent care clinic, further solidifying the building's status as a premier medical hub.

Amenities

  • Atrium
  • Signage
  • Central Heating
  • High Ceilings
  • Wi-Fi
  • Air Conditioning

zoning

Zoning Code B2 (High-Density Commercial)
B2 (High-Density Commercial)
  • Listing ID: 33947881

  • Date on Market: 11/21/2024

  • Last Updated:

  • Address: 600 N Bell Blvd, Cedar Park, TX 78613

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