If you’re looking for an ideal suburban area near Austin, Cedar Park and Leander offer just that. With so many places to play, shop, and dine, you may rarely find a need to make the twenty-mile drive to central Austin.Many of the area’s local attractions include outdoor fun for the whole family. Locals enjoy proximity Austin’s beautiful Lake Travis where many go to soak up some sun, as well as parks like Bushy Creek Lake Park and Shore Club Volente Beach Water Park.Inspired by fossils discovered in central Texas, Champion Park creates a unique way of mixing learning and fun. Finding a home in Cedar Park or Leander to suit your needs is easy with the wide range of neighborhoods and home price pointsArea Profile
Much of the commercial real estate in this region is retail space. Locals enjoy a wide range of shopping at one of the region’s retail centers, like Lakeline Mall and the 1890 Ranch Shopping CenterHere you will find about 300 buildings with 6.6 million SF of retail space. Expect average leasing prices to be $18 SF. Overall, there are just over 100 office buildings in Cedar Park/Leander, mainly consist of class B spaces. Within this 1.3 million SF of office space, average leasing rates range from $20 SF to close to $26 SF depending on the class. If you’re not sure how many square feet of space your business needs, you can check out Austin Tenant Advisors Learn and Plan section to find out.Among the industrial spaces, you’ll find a good amount of flex and warehouse space with 50 buildings and 1.7 million SF of rentable building area at average leasing prices of $11.50 SF.
Area and Community Info
A recent development that has impacted the area of Cedar Park and Leander is the newly operating Capital MetroRail – a passenger rail that takes commuters from Leander into Downtown Austin on weekdays. This has made travel from the northern suburbs of the city to its urban areas happen more smoothly during peak rush hours.
Other evidence of the region’s growth are the new Cedar Park Center, home to the town’s minor league hockey team the Texas Stars, and plans for a new City Hall building at Red Oaks, which hopes to provide more space than its previous site. If you’re looking for Austin office space to rent, the Cedar Park or Leander area of town might be the perfect place for your business.
You can also expect median housing prices in the Cedar Park and Leander areas around $171,000.