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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 | Building Class | B |
Unit Size | 8,619 - 11,781 SF | Floors | 2 |
No. Units | 2 | Typical Floor Size | 10,200 SF |
Total Building Size | 20,400 SF | Year Built | 1970 |
Property Type | Office | Lot Size | 2.23 AC |
Property Subtype | Medical | Parking Ratio | 6.81/1,000 SF |
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 | Condo Use | Office/Medical |
Price | $3,250,000 | Sale Type | Investment or Owner User |
Price Per SF | $377.07 |
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 | Sale Type | Investment |
Price | $5,497,800 | Cap Rate | 6.00% |
Price Per SF | $466.67 | NOI | $329,868 |
Condo Use | Medical |
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) |
Presented by
600 N Bell Blvd - North Bell Station
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