Amazing Explorers Academy - Austin MSA

4509 Williams Dr., Building One, Georgetown, TX

$5,942,933

Price

6.75%

Cap Rate

$401,148

NOI

Overview
Cap Rate
6.75%
NOI
$401,148
Building Size
12,041 sqft
Lot Area
1.8507 acres
Occupancy
100%
Class
A
Units
1
Year Built
2023
Description

TREK Investment Group is pleased to offer Amazing Explorers Academy in Georgetown, TX part of the Austin MSA. This new 2023 construction investment property comes with a brand-new absolute NNN 16 year lease with zero landlord responsibilities and features annual rent increases, ensuring a steady and promising return on investment. Nestled in a prestigious locale, this property finds itself in the esteemed company of renowned retail giants such as H-E-B, Starbucks, Whataburger, Wells Fargo, and Anytime Fitness, among others. In addition to its desirable placement to national retailers, Amazing Explorers also sits less than 30 miles from the home of the new large Samsung Semiconductor plant - a project with an estimated minimum of $17 billion in investment for development along with a potential $192 billion in 11 additional factories over the next 15 years. Notably, the property benefits from a flourishing affluent community, graced with an impressive average household income of $150,936 within a 1-mile radius. With a population exceeding 86,500, the potential customer base is both substantial and promising.

Nestled in the heart of Williamson County, Georgetown, Texas proudly holds the title of being the distinguished county seat. Its close proximity to the esteemed Austin Metropolitan Statistical Area (MSA), a mere 30 minutes' drive to the north, adds to its allure. A testament to its burgeoning success, the U.S. Census Bureau revealed in May 2023 that Georgetown maintained its unrivaled position as the fastest-growing city in the United States in terms of percentage change in 2022, boasting an astonishing 14.4% surge in population from 2021 to 2022.
With an impressive average household income exceeding $102,000, Georgetown stands as an exceedingly desirable haven for both living and working. Its appeal lies in a myriad of factors, including an abundance of lucrative employment opportunities, secure and welcoming neighborhoods, exceptional educational institutions, and an unwavering sense of community spirit. It comes as no surprise that Georgetown continues to captivate newcomers, as they are enticed by the promise of a prosperous livelihood and a nurturing environment to call home.

Highlights
  • Absolute NNN 16 year Lease | Annual 1.5% Rent Increases
  • Shadow Anchored by HEB Grocery | Surrounded by National Retailers | Less than 30 miles from Samsung Semiconductor Plant
  • $135,872 Average Household Income within 1 mile
  • Amazing Explorers offers a proprietary STEAM curriculum that integrates science, mathematics, technology and engineering.
Documents
Title
OM.pdf

Location
Gallery