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- LoopNet Team
1502 Blue Ridge Dr
Georgetown, TX 78626
Medical Plaza at Georgetown · Property For Lease
HIGHLIGHTS
- Medical Plaza at Georgetown, 1502 Blue Ridge Drive, is a three-story, 36,000-square-foot medical office building completed in Q1 2023.
- Three minutes from I-35, five minutes from Scott and White Hospital, 10 minutes from Downtown Georgetown, and 30 minutes from central Austin.
- Located across the street from a 350-unit apartment community with plans for a memory care facility and streetside retail to surround the building.
- Average household income of $115,694 contributes to $6.7 billion in annual consumer spending within a 10-mile radius (5% accounts for health care.)
PROPERTY OVERVIEW
Become a player in one of the most exciting nodes in the Austin metro and the entirety of Texas with this newly built medical office at 1502 Blue Ridge Drive. Medical Plaza at Georgetown is a three-story, 36,000-square-foot facility completed in early 2023. It is in the middle of an ambitious planned development that will deliver retail buildings and a convenience store along Westinghouse Road with a memory care facility behind them. It sits across from an upscale multi-family complex, MAA Windmill Hill, completed in 2022. It spans 350 units to add to suburban communities' already dense residential landscape surrounding 1502 Blue Ridge Drive. Residents of the area represent some of the wealthiest in the region, as the average household income within a five-mile radius is $111,011. The annual consumer spending of that population is expected to surpass $2.5 billion by 2027, with $116 million of that being spent on healthcare. This should be no surprise as high-paying tech and finance employers flock to North Austin, Round Rock, and Pflugerville. As a result, sustained growth is on the horizon, and the 5% household growth rate from 2010 to 2022 is projected to improve to 5.4% through 2027. Medical Plaza at Georgetown is the perfect opportunity to align your portfolio with these trends and become established in this abounding region.
- Controlled Access
- Convenience Store
- Signage
PROPERTY FACTS
