cedar park town center - loopnet...cedar park has grown by 400% in the last decade, according to the...

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Cedar Park Town Center Site I Lynette Schoening Gurno, Broker 4749 Williams Drive, Suite 334, Georgetown, Texas 78633 Office: 512.931.2244 mobile: 512.751.4784 [email protected] Recreation Center Site II FM 1431/Whitestone Blvd. Discovery Blvd.

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Page 1: Cedar Park Town Center - LoopNet...Cedar Park has grown by 400% in the last decade, according to the City website. According to a report published May 2017, by the U.S. Census esti-mates

C e da r Pa r k

To w n C e n t e r

Site I

Lynette Schoening Gurno, Broker 4749 Williams Drive, Suite 334, Georgetown, Texas 78633

Office: 512.931.2244 mobile: 512.751.4784 [email protected]

Recreation Center Site II

FM 1431/Whitestone Blvd.

Discovery Blvd.

Page 2: Cedar Park Town Center - LoopNet...Cedar Park has grown by 400% in the last decade, according to the City website. According to a report published May 2017, by the U.S. Census esti-mates

population

Cedar Park has grown by 400% in the last decade, according to the City website. According to a report published May 2017, by the U.S. Census esti-mates that Cedar Park grew by 4.5 percent in 2016, ranking the City’s growth 12th nationally and 5th in the State even though Cedar Park encom-passes only 24.5 square miles. In 2016 Total Williamson County’s Total Sales Tax: $9,556,564,934 according to the Texas Comptroller of Public Ac-counts. KEY AREA RETAILERS

Costco, At Home, Field and Stream, Dick’s, Bye Bye Baby, World Market, Nordstrom Rack, Petco, Ulta, Old Navy, Whole Foods 365, Old Navy, Michael’s, Marshall’s, DSW, Target, Natural Grocers, Academy, Natural Grocers, Gold Gym, Cinemark Theatre LOCATION

Part of the Austin Metroplex, Cedar Park is just NW of Austin City Limits with Leander, Cedar Park and Georgetown to the North. Southwest Quad-rant of Williamson County with new Major Arterial Highway 183A lending easy and fast access to Austin and surrounding major roadways. Subject is 2.1 miles from Cedar Park Center (large event venue) and 1.9 miles from Cedar Park Regional Medical Center. SPORTS & ENTERTAINMENT

CEDAR PARK CENTER, 81,000 square-foot, $55 million, multi-purpose events center, anchored by the Texas Stars, which is the AHA affiliate of the Dallas Stars hockey team, and the San Antonio Spurs NBA D-League team, the Austin Spurs. Both of them play all their home games at the Cedar Park Center and both of them, since playing in the Center, have won the championship in their leagues. It seats approximately 6,800 for hockey and goes up to 9,000 for concerts. Typically, there are over 150 events a year at the facility, and over three million people have attended events at the Center since it opened in 2009.

d e m o g r a p h i c s

Page 3: Cedar Park Town Center - LoopNet...Cedar Park has grown by 400% in the last decade, according to the City website. According to a report published May 2017, by the U.S. Census esti-mates

Cedar Park Regional Medical Center is a 260,000 square-foot, full-service hospital that immediately added two, 80,000 square-foot, medical office buildings. Next to the Medical Center is a pediatric special Center occupying a 75,000 square-foot building. The Cedar Park health and medical community has grown to encompass and occupy over 600,000 square feet of space and is growing.

Some of the companies that reside here and provide jobs are National Oilwell Varco, which is a large oil and gas company headquartered in Houston. Another company is Fallbrook Technologies. In 2012, they relocated their corporate headquarters from San Diego to Cedar Park. Two years ago a company called Voltabox that specializes in the manufacturing of lithium batteries, built a 22,000 square-foot facility. They’ll be doubling the size of their building in 2017.

This past year we relocated the headquarters of Comprehensive Healthcare Management. This project will create about 50 full-time jobs with an an-nual payroll of about $2.4 million. Swagelok distribute gas and liquid measurement devices, fittings, and regulators. They will be constructing a 30,000 square-foot distribution, and sales and service facility, and will employ 25 people with an estimated payroll of about $2.5 million a year. American Constructors, which is a large general contractor, recently relocated their administrative operations. They’re creating 75 jobs with an aver-age salary of about $80,000 a year. Revenue Cycle, Inc., a leader in the medical and radiation oncology business, are moving their headquarters here, along with their billing and consulting services. They will employ about 114 people with an estimated, annual payroll of about $5.8 million.

C e da r Pa r k e c o n o m i c d e v e l o p m e n t

Page 4: Cedar Park Town Center - LoopNet...Cedar Park has grown by 400% in the last decade, according to the City website. According to a report published May 2017, by the U.S. Census esti-mates

801 Central Park Drive (Sites 1A & 1B)

Legal Description:

3.262 Acres S11311 - Cedar Park Town Center Lot 1 TAX ID: R554941

Zoning

Downtown District: Restaurant, Office, Retail (hotel prohibited)

Utilities

Water, wastewater, natural gas and electric at street.

GROUND LEASE RATE

$240,000/year Sales Price

$2.45M

Drainage

Master plan in place

Close Proximity

Across Discovery from

Springhill Suites and across

Central Park from Hampton

Inn with planned ground

breaking Fall 2017. Walk to

many national brand restau-

rants and retailers including

B’J’s Brewhouse and Costco.

LAKESIDE PAD SITES

Pad sites 1A and 1B will accommodate two restaurants or up to 50,000 sf of officer per Gray Engineering. Located on highly visi-ble corner/roundabout/cul-de-sac just behind Costco, across from new Springhill Suites and Hampton Inn (breaking ground in September). Next to and across from City owned lakeside tracts and the City Rec Center. Cedar Park Chamber of Commerce has plans for their new home next door.

Page 5: Cedar Park Town Center - LoopNet...Cedar Park has grown by 400% in the last decade, according to the City website. According to a report published May 2017, by the U.S. Census esti-mates

1410 Main street

Legal Description:

3.27 Acres S10905- Cedar Park Town Center Live Work Lot A, Block 2 TAX ID: R538904

Zoning

Downtown District: Office, Medical, Hotel, Retail

(Multi Family prohibited)

Utilities

Water, wastewater, natural gas and electric at street.

List Price

$1.2M (UNDER CONTRACT/TAKING BACK UPS)

Drainage

Master plan in place

Close Proximity Just behind Costo and At Home, next door to brand

new high end MF. Walk to many national brand res-

taurants and retailers including Starbucks, Chuy’s,

Whole Foods 365, Old Navy, Nordstrom Rack, Ulta,

DSW, Field and Stream and many more.

Main street & discovery corner

3.27 Acres with the lovely Bell Tower and roundabout on the Corner. Facing Main Street with Discovery Blvd. on the East Side and Big Bend Drive to the North. Across the street from City owned land and the City Recreation Center.

Page 6: Cedar Park Town Center - LoopNet...Cedar Park has grown by 400% in the last decade, according to the City website. According to a report published May 2017, by the U.S. Census esti-mates

C e da r Pa r k To w n C e n t e r

Listing Broker makes no warranty, express or implied, as to the accuracy of the information contained herein. Buyer must verify. All information con-tained herein, or published, is subject to change without notice as regards to price, status, terms and availability. The listing Broker makes no representa-

tions regarding environmental status. Buyer should perform Buyer’s feasibility study and hire professionals as Buyer deems necessary.

Site A- Office, Medical, Hotel Site B- Restaurant, Office

Highway 183 A

FM 1431

Discovery Blvd