Ronald Reagan Blvd - Cedar Park, TX 78641
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14300 Ronald Reagan Blvd Office, Retail, Pad Sites Cedar Park, TX 78641 For Lease or Sale Ro nal dR ea ga n Bl vd • 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
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
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.
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 1 3 14 n rL rme Pa SITE 1431 d Blv gan ting Set ike k-L Rea Par ald 2 D ASE INE PH TERM DE BE TO Ron il Reta 0 SF uit 8,00 -to-S il Build Reta e 0 SF uit or Leas r 8,00 -to-S Build Sale For il Reta e -Thru 0 SF uit or Leas Drive 8,00 -to-S Sale Build For il pe D Reta e 0 SF uit or Leas 8,00 -to-S Sale Build For e or Leas Sale d For Blv gan Rea ald Ron w Ho E Ne 1431 183A 183A LOCATION OVERVIEW
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
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.
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
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
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