Still there are healthy number of people waiting for the Android 5.0 Lollipop update but there are things beyond that as Android 5.0.2 factory image is now available Nexus 7 2012 model with LRX22G version.Android 5.0.2 Lollipop

Yes, the factory image of latest 5.0.2 Lollipop has been published by Google at Developers.Google.com site and this means that there is Over The Air (OTA) update has been lineup for this device and also for the rest of the Nexus family.

While Nexus 4, Nexus 7, Nexus 6 and Nexus 9 have received the 5.0.1 update, we might see some nexus devices skipping 5.0.1 and going straight to 5.0.2.

Download Nexus 7 2012 Android 5.0.2 Factory Image

Via:  Google