1310 University Ave W
Georgetown, TX 78628
Academy Sports + Outdoors · Retail Property For Sale

The subject property is prominently situated with excellent access and visibility at the signalized intersection of Wolf Ranch Parkway and West University Avenue/Highway 29 (25,059 AADT) near its junction with I-35 (108,526 AADT). The site benefits from robust, rapidly-growing demographics with a population of 70,096 within a 5 mile radius and a projected annual rate of 6.78% within 1 mile of the site. Average household income within a 1 mile radius exceeds $141,590, with 54.5% of households in that radius earning more than $100,000 annually. The property is prominently situated within the new Bluebonnet Plaza Shopping Center adjacent to major shopping centers, retail tenants, and development projects; other national tenants are to come to the shopping center, offering robust co-tenancy. The property is located adjacent to Wolf Ranch Town Center, a Target-anchored center with additional tenants including TJ Maxx, Michael’s, PetSmart, Best Buy, Gold’s Gym, and more. Other major retail tenants in the surrounding area include Walmart Supercenter, H-E-B, Walgreens, Hobby Lobby, Tractor Supply Company, Tuesday Morning, Bealls, Home Depot, and more. In addition, the site is located just two miles from Southwestern University, with a student body of more than 1,500. Development activity in the surrounding area is substantial: the site neighbors the Wolf Ranch master-planned residential project, a $1.1 billion, 1,120-acre project slated to include approximately 2,600 new single-family homes as well as multi-family residential and commercial space. Other major projects include Wolf Lakes Village, a 164-acre mixed-use commercial and residential project featuring retail and office uses. This property is listed in conjunction with Texas-licensed real estate broker Delta Commercial.