609 E University Ave, Georgetown, TX 78626
1,025 SqFt storefront condo in Georgetown, Texas for sale.
- Added:
- Feb 10, 2026
- Days on Market:
- 149
- Last Refresh:
- Jul 5 at 8:06 am
Property Features for 609 E University Ave
General Information
- Standard status
- Active
- Size
- 1,025 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 2021
Listing office Crossley Commercial %KW Commercial (512) 439-3785
Listing date Feb 10, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Crossley Commercial %KW Commercial
HighLights
- Prime location on East University Ave in Georgetown with high visibility and strong traffic counts.
- Flexible 1,025 SqFt layout suitable for various uses: office, medical, retail, or service‑based businesses.
- Excellent accessibility to I‑35, downtown Georgetown, and surrounding areas.
- Ample parking and strong signage presence.
- Features include natural light from storefront windows, ADA restroom, sink in breakroom, and washer/dryer connections.
- Tenant occupied with a 3‑year lease term, presenting an immediate investment opportunity.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.1k | $42.00 |
| − Vacancy | −$10.5k | −$10.21 |
| EGI | $32.6k | $31.79 |
| − OpEx | −$8.1k | −$7.95 |
| NOI | $24.4k | $23.85 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Georgetown
- County
- Williamson
- State
- Texas
- Longitude
- -97.6711923
- Latitude
- 30.6335965