Property profile

3117 Williams Dr Georgetown, TX 78628

OFF-MARKET
Commercial real estate
Property ID
US82-2345893
672 SF 0.51 ac lot Built 1995
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a newly constructed (2024), 600 square foot Human Bean QSR located on a 0.51-acre lot in Georgetown, TX, a rapidly growing suburb of Austin. The property boasts a 15-year NNN lease with three, five-year renewal options, providing significant long-term stability and a strong 7.50% cap rate based on a $144,000 NOI. Strategically positioned off I-35 with excellent visibility and access, the site benefits from high traffic counts and proximity to other retailers and residential areas, including the Georgetown Executive Airport. The strong demographics of the area, with an average household income of $126,443 within a 3-mile radius, further enhance the investment potential. The property is a build-to-suit for the Human Bean franchisee, ensuring a high-quality build and operational efficiency. The lease includes a personal and franchisee guarantee for the full 15-year term. This turnkey investment offers a compelling combination of strong cash flow, long-term lease security, and significant upside potential in a thriving market. The property's location on Williams Dr., a major roadway connecting to the Georgetown Central Business District and I-35, provides exceptional accessibility. The surrounding area includes Sun City Texas, a large retirement community with 7,500 homes, contributing to a robust customer base. This is a rare opportunity to acquire a high-performing, newly constructed QSR investment in a prime location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1995
Total area 672 SF
Lot 0.51 ac (22,216 SF)
Zoning code C-2B
APN R-20-4200-0001-0001
UPID US82-2345893

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop

Location

3117 Williams Dr Georgetown, TX 78628-2715
Georgetown metro Census 20114 AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$335k

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2024
Price N/A
2022
Price N/A
2019
Price N/A

Zoning & alternative use

C-2B · Georgetown, TX

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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