Hill Country Water Gardens Nursery — Sale in Cedar Park, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Cedar Park, TX 78613

Investment Figures

Cap rate
7.11%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Offered for sale is a 5.15-acre corridor site positioned along North Bell Boulevard (US-183) in Cedar Park, one of the most rapidly expanding submarkets within the Austin MSA. The parcel represents one of the limited remaining large-scale tracts along this primary commercial artery, where continued mixed-use, residential, and retail densification is actively reshaping the corridor. The property is secured by a newly executed 5-year absolute net lease commencing at close of escrow, featuring 2% annual rent increases. The lease structure provides defined near-term contractual income with no landlord responsibilities, allowing an investor to recapture a portion of basis during the lease term while evaluating long-term redevelopment or repositioning strategies. The scale of the site, combined with its frontage along US-183, provides flexibility within a high-growth environment where comparable large parcels are increasingly limited. Investment Highlights: • New 5-Year Absolute NNN Lease | No Options | Income & Future Repositioning • 5.15-Acre US-183 Corridor Parcel | One of the Few Remaining Large-Scale Sites • North Bell Boulevard Location (46,298 VPD) Near Whitestone Boulevard (41,975 VPD) • Positioned Between Nebraska Furniture Mart Development and The Bell District • Dense and Affluent 5-Mile Trade Area | 198,890 Residents | $160,580 Avg HH Income • Easy Access to 183A Toll, SH-45, SH-130 & I-35 • Hill Country Water Gardens & Nursery | Operating at This Location Since 1999 • Austin–San Antonio Metro Population Projected to Grow by 3M+ by 2050

Market Context

This retail in Cedar Park, TX is listed for sale. It is offered at an approximate 7.1% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Cedar Park, TX — view the full market.

As of Q1 2026, the Austin retail market showed a 3.7% vacancy rate, and rents up 5.3% year over year. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

Is the Austin retail market tightening or softening?
Vacancy is around 3.7%, with asking rents rising year over year (Q1 2026).

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