Centro Plaza is revitalizing the retail landscape of Cedar Park, Texas. The 15-acre mixed-use development is in Leander at the mouth of Caballo Ranch. The vibrant shopping center includes four retail buildings totaling over 33,000 square feet with additional flex space. Broad zoning allows tenants to create an on-site dynamic and synergistic mix. The zoning allows for retail, restaurant, medical, and service use. The land benefits from 750 feet of frontage on Ronald Reagan Boulevard, a major arterial road between Cedar Park and Liberty Hill that is highly trafficked and sees upward of 23,000 vehicles daily. There is an opportunity for monument signage on Ronald Reagan Boulevard, allowing businesses to make their stake in this main thoroughfare.
Cedar Park benefits from its proximity to Austin and its labor market, which continues to show a healthy growth rate. The region's business-friendly environment, lack of state corporate or income taxes, higher quality of life, and deep talent pool appeal to businesses considering moving to Austin. That talent is sourced in-house from the University of Texas at Austin. The world-class institution regularly ranks as one of the best schools in the world for STEM (science, technology, engineering, and math) graduates. Job growth and company relocations continue to drive population growth ahead of any other primary market in the country. Since 2010, Austin's population has outperformed the second-fastest-growing market, Raleigh, by more than 7.5%, growing by 33% between 2010 and 2020.
Centro Plaza is part of the Cedar Park community, approximately 30 minutes outside of Downtown Austin. Cedar Park, famously home to the H-E-B Center and the Heritage Oak Tree, is considered one of the fastest-growing cities in the country. Centro Plaza benefits from frontage on Ronald Reagan Boulevard and proximity to US Route 183.
Dustin Riggs
Titan Real Estate
