Centro Plaza Building 1 – Leander, TX

14300 Ronald Reagan Blvd, Leander, TX 78641, USA

Sands Investment Group is pleased to exclusively present for sale the 8,501 SF Centro Plaza Building 1 NNN Asset located at 14300 Ronald Reagan Blvd in Leander, TX. This brand-new retail shopping center (built in 2025) is 100% occupied, providing immediate and stable cash flow. All tenants are on full Triple Net (NNN) Leases, with 3% annual rent escalations, passing through nearly all expenses to the tenants and offering a strong hedge against inflation.

  • 100% occupied new construction (2025) retail shopping center in Leander, TX.
  • The building has a weighted average lease term (WALT) of 7.5 years.
  • All tenants on Triple Net (NNN) leases with 3% annual rent escalations, passing through nearly all expenses to the tenants, providing a strong hedge against inflation.
  • Anchored by Sangam Chettinad Restaurant, an Austin-based restaurant group opening its third location in the area, creating significant traffic and draw for co-tenants.
  • Additional tenants include Williamson County Bagel Company, Farm2Cook, and Dumont Creamery.
  • The site offers great access and visibility on Ronald Reagan Blvd (53,780 VPD).
  • Exceptional demographics – 68,777 population with average household income of $169,371 within 3 miles of the site.
  • Leander (Austin MSA) is one of the fastest-growing communities in Texas and is forecasted to grow 5.3% between 2024-2029 (source: CoStar).

 

In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481

Price

$4,935,000

Cap Rate

6.00%

PREMISES

8,501 SF

Lease Expiration

Varies

Lease Type

NNN

List with SIG

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