Property summary
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
VerifiedCap rate & NOI
Current use
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Cafe & Coffee Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-2B · Georgetown, TXZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for C-2B in Georgetown, TX.
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