Ronald Reagan Blvd - Cedar Park, TX 78641

 
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Ronald Reagan Blvd - Cedar Park, TX 78641
14300 Ronald Reagan Blvd                                                               Office, Retail, Pad Sites
Cedar Park, TX 78641                                                                    For Lease or Sale

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•    144,000 SF Mixed-Use Development Project
•    Build-to-Suit Opportunity
                                                 Matt Rester           Ross Colley
                                                   512.750.8270          214.208.6900
                                                MRester@asterra.com   RColley@asterra.com
•    Project Zoned for Several Uses
Ronald Reagan Blvd - Cedar Park, TX 78641
Park-Like Setting

Executive
Summary                                                                                                                            12,000 SF
                                                                                                                                   Mixed-Use
                                                                                                                                                                                                             Playground

Ronald Reagan Square (14300 Ronald Reagan Blvd.) is an approximate 144,000 SF mixed-use development project on
15 acres about one mile North of the Ronald Reagan and 1431 intersection. The project will consist of eleven (11) build-                                                40,000 SF
                                                                                                                                                                    Two-Story Mixed-Use                       12,000 SF
to-suit buildings total. These buildings include four (4) 8,000 SF retail buildings located at front of site, five (5) pad sites                                                                               Daycare
that can have ~12,000 SF developed on each, one (1) pad site with single-story or 1.5-story daycare (~12,000 SF of
building with 12,000 SF of playground space), and one (1) pad site with a two-story building totaling 40,000 SF.

The construction start date is planned for October 2021 and completion date is estimated to be May 2022. The site
includes 753 SF of frontage with monument sigange available providing prime visibility to oncoming traffic.

The project is zoned for several uses such as retail, restaurants, services, medical, office, and daycare. This allows for a       12,000 SF
                                                                                                                                                        12,000 SF                    12,000 SF
                                                                                                                                                                                                              12,000 SF
variety of options for tenants/buyers looking for space in the fast-growing Leander/North Austin area.                             Mixed-Use                                                                  Mixed-Use
                                                                                                                                                        Mixed-Use                    Mixed-Use

                                                                                                                                                                                                                          Caballo Ranch Blvd
                                                                                                                                      Drive-Thru

PROPERTY HIGHLIGHTS
                                                                                                                                    8,000 SF Retail     8,000 SF Retail          8,000 SF Retail   8,000 SF Retail
                                                                                                                                     Build-to-Suit       Build-to-Suit            Build-to-Suit     Build-to-Suit

 •   Brand New Development Project
 •   Zoning Allows for Multiple Uses: Retail, Restaruant, Office, Medical, Services                                                For Sale or Lease   For Sale or Lease       For Sale or Lease   For Sale or Lease

 •   Strong Demographics in Surrounding Area
 •   High Visibility with Signage Opportunities

                                                                                                                                                       Ronald
                                                                                                                                                          RonaldReagan     Blvd
                                                                                                                                                                 Reagan Blvd
                                                                                                                                                                    17,930 VPD
Ronald Reagan Blvd - Cedar Park, TX 78641
Listing                                                                                                                                                      Location
Details                                                                    OFFICE                                                                           Summary
                                                                                             OFFICE
                                                                                                                                         DAYCARE             Located in the Austin MSA, 14300 Ronald Reagan is located just
Lease Rate:                                           $28/SF NNN                                                                                             over one mile North of the Ronald Reagan and 1431 intersection,
                                                                                                                                                             on the East side of Ronald Reagan Blvd. The property is located in
                                                                                                                                                             a rapidly-growing segment of North Austin/Cedar Park, with high
Sale Price:                                    Contact For Pricing                                                                                           population growth rates and strong demographics.

Total Project Size:                                    144,000 SF     OFFICE        OFFICE            OFFICE                                OFFICE           14300 Ronald Reagan Blvd provides quick and easy access to
                                                                                                                                                             nearby roadways such as 1431/E Whitestone Blvd (2 minutes),
                                                                                                                                                             Parmer Ln (3 minutes), 183A (6 minutes), and I-35 (11 minutes).
Lease Size:                                 1,000 SF - 40,000 SF                                                                                             Nearby amenities include Walmart, HEB, Target, Home Depot,
                                                                                                                                                             Whole Foods, Costco, and many more.

Construction Start Date:                            October 2021
                                                                                                                                                                                                  Austin Overview:
Expected Delivery Date:                                 May 2022      RETAIL        RETAIL            RETAIL                               RETAIL
                                     Local Business use to include:
Zoning Uses:                          Retail, Restaurant, Services,
                                         Medical, Office, Daycare
                                                                                                                                                            Fastest Growing MSA by Population             30th Largest Metropolitan Area in U.S.
                                                                                                                                                                    - World Population Review -                             - Crexi -
Parking:                                       612 Surface Spaces

                                     Building & Monument Signage
                           Pad Sites & Small Shop Space Available
Other:
                                              753 Feet of Frontage                                                                                             11th Largest City in the U.S.                 Ranked 8th for Best Real Estate
                                               15-Acre Project Size                                                                                                 - World Population Review -
                                                                                                                                                                                                                    Markets in U.S.
                                                                                                                                                                                                                     - Norada Real Estate -

                                                                                      Ronald Reagan Blvd   Visual Representation Only. Subject to change.
Ronald Reagan Blvd - Cedar Park, TX 78641
14300 Ronald Reagan Blvd, Cedar Park, TX 78641

                                                                                                                                                                                                                                  Austin Bergstrum Airport
                                                                                                                                                                                DRIVE TIMES

                                                                                                                                                                                              Downtown Austin

                                                                                                                                                                                                                                                             Georgetown
                                                                                                                                                                                                                    The Domain
                                                                                                                                                                                                30 Minutes

                                                                                                                                                                                                                                                             20 Minutes
                                                                                                                                                                                                                                         31 Minutes
                                                                                                                                                                                                                     21 Minutes

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                                                                                                                                                                                                                                                                            183A
                                                                                                                                                                         183A
LOCATION OVERVIEW
Ronald Reagan Blvd - Cedar Park, TX 78641
LOCATION OVERVIEW                                                                                                                                                                                                14300 Ronald Reagan Blvd, Cedar Park, TX 78641

 DEVELOPMENT OVERVIEW
                               SITE                                                                                           Caballo Ranch
                                                                                                                                423 Lots

              The Crossover:
               240,000 SF
               Sports Hub
                                     Indigo Ridge:
                                  155-Acre Mixed-Use

                                                                                                                                                                                                   lvd
                                     Development
          Bell Boulevard:

                                                                                                                                                                                                             B
        100,000 SF Office/                                                                                                            Park-Like Setting

                                                                                                                                                                                               Caballo Ranch
           Retail, 16 AC                         Presidio:
                                            100-Acre Mixed-Use                                          12,000 SF
                                                                                                        Mixed-Use
                                                                                                                                                                                  Playground

                                               Development                                                                                   40,000 SF
                                                                                                                                         Two-Story Mixed-Use                       12,000 SF
                                                                                                                                                                                    Daycare

                                                                                                        12,000 SF                                                                  12,000 SF
                                                                                                                             12,000 SF                    12,000 SF
                                                                                                        Mixed-Use                                                                  Mixed-Use
                                                                                                                             Mixed-Use                    Mixed-Use

                                                                                                           Drive-Thru

                                                                                                         8,000 SF Retail     8,000 SF Retail          8,000 SF Retail   8,000 SF Retail
                                                                                                          Build-to-Suit       Build-to-Suit            Build-to-Suit     Build-to-Suit

                                                                                                        For Sale or Lease   For Sale or Lease       For Sale or Lease   For Sale or Lease

                                                                                                                                   Ronald Reagan Blvd

                                                                                   Ronald Reagan Blvd                                                                                                                    Ronald Reagan Blvd

                                             ~8 Miles to

                                                                                                                                                                                                                                                  E New Hope Dr
                                            Apple Campus
                                                              Accesso Partners:
                                                             129- Acre Mixed-Use
                                                                Development
                                    Apple:                                                                                                                                                                       Reserve at Caballo
                               133-Acre Campus                                                                                                                                                                        89 Lots
                               5,000+ Employees
Ronald Reagan Blvd - Cedar Park, TX 78641
Traffic                                                                   Location
                                                      6
                                                                                                                                       Radius                      3 Miles         5 Miles        10 Miles

                                                                                                                                       Households                   21,395          63,869         183,543

Counts                                                                    Demographics
                                                                                                                                       Households by
                                                                                                                                       Marital Status

                                                                                                                                        Married                      13,444          39,714         100,092

                                                                                                                                        Married No Children          5,502           16,390          46,528
                                                              1
                                                                                                                                        Married w/Children            7,942          23,325          53,564
Street Name                    Vehicles Per Day
                                                                                             3 Miles       5 Miles      10 Miles
                                                                                                                                       Education

1 | Ronald Reagan Blvd              17,930 VPD                                               62,513       185,559       498,588         Some High School            4.36%           4.40%            5.23%
                                                                           Population     Estimated 5-year population growth of 18%.
2 | 1431 (E Whitestone Blvd)        43,107 VPD    5                                                                                     High School Grad            14.17%          15.06%          15.98%

                                                                                                                                        Some College                27.97%          29.18%          28.32%
3 | Parmer Ln                       39,052 VPD
                                                                              $              3 Miles       5 Miles      10 Miles
                                                                                                                                        Associate Degree            5.96%           5.64%            6.12%
                                                                                            $128,873      $122,373      $113,612
4 | 1431 (E Whitestone Blvd)        33,366 VPD                            Avg Household                                                 Bachelor Degree            31.89%          30.28%           29.21%
                                                                  2          Income
                                                                                                                                        Advanced Degree            15.65%           15.45%          15.13%
5 | US Hwy 183 Toll                 58,014 VPD                        3
                                                                                                                                       Annual Consumer
                                                                                                                                       Spending
6 | Crystal Falls Pkwy               7,364 VPD            4
                                                                                                                                        Apparel                    $43,028         $125,294       $330,052

                                                                                                                                        Entertainment             $107,233         $311,502        $831,173

                                                                                                                                        Food & Alcohol            $186,619         $545,371       $1,466,866

                                                                                                                                        Household                 $110,539         $318,015       $833,020

                                                                                                                                        Transportation            $174,600         $513,510      $1,369,088

                                                                                                                                        Health Care                $34,874        $102,720         $274,033

                                                                                                                                        Education/Day Care         $51,408         $147,737        $394,421
                                                                                                                                           Information obatined from third-party resource, subject to change.
Ronald Reagan Blvd - Cedar Park, TX 78641
Cedar
Market
Overview   Park                                                                                                                     #1 Austin Ranked “Best
                                                                                                                                     Places to Live in U.S.”
Cedar Park is a vibrant community situated on the northern border of Austin just 17 miles from downtown. Today’s                           - US News 2018 -

population is about 80,608 and Cedar Park is consistently ranked by the U.S. Census Bureau as one of the Fastest-
Growing Cities in the Country.

In 2019, Cedar Park’s Hyliion Economic Development Project received the CEDA Award. WalletHub named Cedar
Park the Tenth Best Small City in America and MarketWatch named it the Third Most Affordable City in Texas.
ApartmentList named Cedar Park the Seventh Best City for Families in the Nation and NerdWalled named Cedar
Park the Eighth Best Small City for Families in Texas.                                                                    13th Fastest Growing U.S. City from 2016-17
                                                                                                                                         - Community Impact -

Cedar Park is a city that truly espouses its core values of community, service, innovation, professionalism, integrity,
leadership, and fiscal responsibility. These standards are at the heart of daily life for Cedar Park residents, City
leaders, City staff, and business leaders. Visit www.cedarparktexas.gov today to learn more about the City of
Cedar Park.

- Cedar Park Texas
                                                                                                                               2nd Fastest Gorwing Large Metro
The H-E-B Center at Cedar Park is a 6,800 seat multi-purpose event center and home to the Texas Stars, the                          Based on Job Growth
American Hockey League affiliate of the Dallas Stars as well as the Austin Spurs, the NBA D-League team of the                            - Urbanophile 2018 -

San Antonio Spurs. Since opening in September 2009 over 3 million people have attended events ranging from
sports and concerts to Cirque du Soleil in the Center.

The City’s challenge is to ensure the Cedar Park of tomorrow retains and improves on the many things that make
Cedar Park so attractive today . . . sound stewardship of our natural resources, strong leadership, a low crime rate,                                                   DISCLAIMER: The information contained herein has been obtained from sources deemed
a family environment, a superior education system and a pro-business climate.                                                                                           reliable, but has not been verified and no guarantee, warranty, or representation, either
                                                                                                                                                                        express or implied, is made with respect said information. All information contained herein
Cedar Park is well positioned on the path of growth in the Greater Austin area and invites you and your company                 Growth Rate of 3.75% Annually           should be independently verified; Agent assumes no legal responsibility for the accuracy
to be part of that growth.                                                                                                             - World Population Review -      thereof. The offering is made subject to errors, omissions, change of price, prior sale or
                                                                                                                                                                        lease, or withdrawal without notice. In accordance with the law, this property is offered
                                                                                                                                                                        without regard to race, creed, national origin, disability or gender.
- Austin Chamber
Ronald Reagan Blvd - Cedar Park, TX 78641
PHOTOS + SITE PLAN          14300 Ronald Reagan Blvd, Cedar Park, TX 78641

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Ronald Reagan Blvd - Cedar Park, TX 78641
Information About Brokerage Services
                  Texas law requires all real estate licensees to give the following information about brokerage services to prospective buyers,
                                                                    tenants, sellers and landlords

 TYPES OF REAL ESTATE LICENSE HOLDERS:
 •      A BROKER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker.
 •      A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.

 A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents):
 •     Put the interests of the client above all others, including the broker’s own interests;
 •     Inform the client of any material information about the property or transaction received by the broker;
 •     Answer the client’s questions and present any offer to or counter-offer from the client; and
 •     Treat all parties to a real estate transaction honestly and fairly.

 A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

 AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner’s agent through an agreement with the owner, usually in a written listing to sell
 or property management agreement. An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any material information about
 the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer’s agent.

 AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant’s agent by agreeing to represent the buyer, usually through a written representation agreement.
 A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the
 agent, including information disclosed to the agent by the seller or seller’s agent.

 AS AGENT FOR BOTH – INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transac-
 tion. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. A broker
 who acts as an intermediary:
 •        Must treat all parties to the transaction impartially and fairly;
 •        May, with the parties’ consent, appoint a different license holder associated with the broker to each party (owner and buyer) to communicate with, provide
          opinions and advice to, and carry out the instructions of each party to the transaction.
 •        Must not, unless specifically authorized in writing to do so by the party, disclose:
 •        that the owner will accept a price less than the written asking price;
 •        that the buyer/tenant will pay a price greater than the price submitted in a written offer; and
 •        any confidential information or any other information that a party specifically instructs the broker in writing not to disclose, unless required to do so by law.

 AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the buyer. A subagent can assist the buyer
 but does not represent the buyer and must place the interests of the owner first.

 TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:
 •     The broker’s duties and responsibilities to you, and your obligations under the representation agreement.
 •     Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

 LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services.
 Please acknowledge receipt of this notice below and retain a copy for your records.

                                                                                                     Lucian Morehead           437479       lmorehead@asterra.com   512.231.2000 x 300
Asterra Commercial d/b/a Asterra Properties   90000901       info@asterra.com    512.231.2000
                                                                                                     Licensed Supervisor of   License No.           Email                 Phone
Licensed Broker / Broker Firm Name or          License No.        Email             Phone            Sales Agent/Associate
Primary Assumed Business Name

Lucian Morehead                          437479       lmorehead@asterra.com     512.231.2000 x 300   Matt Rester                        631757     mrester@asterra.com    512-750-8270
Licensed Broker / Broker Firm Name      License No.           Email                   Phone          Sales Agent/Associate’s Name    License No.            Email             Phone
Ronald Reagan Blvd - Cedar Park, TX 78641
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