Conventional Restaurant

Georgetown, TX Conventional Restaurants for Sale

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LongHorn NNN Restaurant
Updated: Sep 23
LongHorn NNN Restaurant

1005 W UNIVERSITY AVE, Georgetown, TX 78628

Contact for pricing
6,217 sqft
6,217‑square‑foot LongHorn Steakhouse operating at the site since 2012
Proposed absolute NNN lease with 10% increases every five years and four five‑year renewal options
Tenant RARE Hospitality International, Inc. carries an investment‑grade BBB rating from S&P
Immediate Interstate 35 access; the highway carries approximately 124,000 vehicles per day
Outparcel to 52‑acre Wolf Ranch Town Center, anchored by Target, T.J. Maxx, Old Navy, Ross, Five Below, Kohl’s, Ulta and Best Buy
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Restaurant with Outdoor Music Venue
Updated: Mar 3
Restaurant with Outdoor Music Venue

1515 N Interstate 35, Georgetown, TX 78628

$2,999,000
2.24 AC lot
2.24‑acre restaurant property at 1515 N Interstate 35
Music venue permitted by the City of Georgetown for up to 2000 people
Outdoor venue includes a stage, covered area, oak trees, and long cement bar
Restaurant includes commercial kitchen, U‑shaped bar, walk‑in freezer, and walk‑in refrigerators
1,360‑square‑foot brick house included
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See hot listings in Georgetown

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Georgetown, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turnkey Restaurant with Patio Dining
Turnkey Restaurant with Patio Dining

11620 N FM 620, Austin, TX 78750

$3,900,000
6,120 sqft 1.53 AC lot

Fully built-out second-generation restaurant with an equipped kitchen and patio dining, available for immediate occupancy.

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Built-Out Restaurant with Patio
Built-Out Restaurant with Patio

11620 Ranch Road 620 N, Austin, TX 78750

$3,900,000
6,120 sqft 1.53 AC lot

Established restaurant improvements include a commercial kitchen, multiple HVAC units, patio dining, and existing furniture, fixtures, and equipment.

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Chipotle NNN Restaurant Property
Chipotle NNN Restaurant Property

500 W. Stan Schlueter Loop, Killeen, TX 76549

$3,632,000

Absolute NNN ground lease with a Chipotlane drive-through and no landlord responsibilities.

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Established Restaurant with Chinese Cuisine
Established Restaurant with Chinese Cuisine

2201 S W S Young Dr, Killeen, TX 76543

Contact for pricing

Operating restaurant featuring a variety of Chinese dishes.

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Georgetown, TX Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Georgetown, TX on our real estate platform. These investment opportunities span a total of 6,217 square feet of properties for sale, with an estimated market value of $2,999,000.

Sale prices for conventional restaurants in Georgetown, TX average $2,999,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 4
Bars & Pubs 1
Commercial kitchens 1

Demographics Overview

Population 119K
Population Growth (5Y) +27.2%
Median Household Income $104,576
College Educated 50.0%

High-Yield Neighborhoods for Investment

Identify Georgetown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
78628 $3M

Taxes & Financing

Tax Rate (average for all types) 1.52%
Property Tax per SF $17.16 per SF
Tax Rate vs County Average 0.22 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Williamson County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Georgetown fall within the 100,000+ square foot range.

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