Multi Tenant Retail Building 940 West University Avenue, Georgetown, TX Cap Rate 6.25% Georgetown ( Texas, US ) Built

$8,640,000 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 20,568 sq. ft.
  • Development Level: Built
  • Lot Size: 3.16 acres
  • Year Built: 2020

Description

Multi Tenant Retail Building 940 West University Avenue, Georgetown, TX Cap Rate 6.25%

Cap Rate: 6.25%
NOI: $540,000
Building Siz: e20,568 sqft
Lot Area: 3.162 acres
Lease Type: Triple Net
Year Built: 2020
Zoning: C-3

Price: $8,640,000 USD

DESCRIPTION
• Connected by four major arterials: I-35, SH-130, Ronald Reagan Blvd. SH 29
• Medical, government and retail hub for Georgetown and Williamson County
• High level of educated workforce
• Strong academic school district
• Gap analysis estimates 70,937 SF shortage for full service restaurants and 83,748 SF for limited service restaurants
− Dining out is 26% greater than the Texas average and 17% greater than national average

HIGHLIGHTS
• 100% leased by a strong mix of national & multi-unit operators comprised of food, service, and medical uses
• Multi-unit tenants with NNN leases
• Brand new construction within Wolf Crossing, a 42 acre mixed-use development
• Situated within one of Hutto’s major retail hubs, at the intersection of IH-35 & SH-29

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52(81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

Attachments

P2#442583002
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Information is deemed to be correct but not guaranteed.