3117 Williams Dr Georgetown, TX 78628-2715

Property Details for 3117 Williams Dr

Year built

1995

Lot size

0.51 lot acres

Property size

672 SF

Zone code

C-2B

Property type

Commercial real estate

APN

R-20-4200-0001-0001

APU

R20420000010001

Description

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.