Westinghouse & AW Grimes Building A | 2080 Westinghouse Rd
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Westinghouse & AW Grimes Building A 2080 Westinghouse Rd
16,152 SF 100% Leased Retail Building Georgetown, TX 78626 $8,798,536 ($545/SF) 6% Cap Rate
Investment Highlights
- Located at Lighted intersection with combined 40k+ VPD
- +/- 2.5 miles from a Super Regional Area - IKEA, HEB Plus, Round Rock Premium Outlets and Bass Pro Shops with over $100 MM in annual sales
- Booming area: 4.1% annual population growth projected within 5 miles of this site (2024-2029)
- Over 52k population with Avg. HH income of $129k+ within 3 miles
- Over 10,257 new lots in development in the trade area (21,055 current homes) or a 49% increase in single family homes
- Over 52k population with Avg. HH income of $129k+ within 3 miles
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
16,152 SF
Year Built
2024
Price
$8,798,536
Price Per SF
$545
Cap Rate
6%
NOI
$527,912
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
2.32 AC
Amenities
- Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | R641103 | Improvements Assessment | $0 |
| Land Assessment | $1,600,000 | Total Assessment | $1,600,000 |
PROPERTY TAXES
Parcel Number
R641103
Land Assessment
$1,600,000
Improvements Assessment
$0
Total Assessment
$1,600,000
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Westinghouse & AW Grimes Building A | 2080 Westinghouse Rd
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