3901 Williams Dr
Georgetown, TX 78628
QuikTrip · Retail Property For Sale

CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE THIS QUIKTRIP PROPERTY situated at the signalized intersection of Williams Drive and Serenada Drive in Georgetown, Texas. This is a brand new NNN lease with zero landlord responsibilities or expenses. The 15 year base term begins at the close of escrow and will be followed by ten, five year options to renew. This property offers exceptional after-tax returns that are difficult to find in other real estate investments. The lease is corporately guaranteed by QuikTrip, who is #33 on Forbes’ 2017 list of America’s Largest Private Companies with $11 Billion in revenue, making them one of the largest and most successful c-store gas station companies in the nation. This to be constructed 4,885 square foot QuikTrip will feature 16 gas pumps at the corner of Williams Drive and Serenada Drive with combined traffic counts over 27,000 vehicles per day. The site is QuikTrip’s latest prototype comprised of high quality brick and glass construction and a massive tenant investment into the subject property. The property sits on an over-sized corner parcel at a signaled intersection which allows for numerous redevelopment opportunities in the future should that be necessary. The area boasts strong demographics with 6,653 people within the 1-mile ring, 33,547 people within the 3-mile ring, and 73,688 people within the 5-mile ring. This is an affluent market with average household incomes ranging from $88,875 to $97,654 across the 1, 3 and 5 mile radius from the subject property. It is also situated just 3 miles from the popular downtown Georgetown. Georgetown is located 27 miles north of Austin and is home to Southwestern University, the oldest university in Texas with over 1,380 students enrolled, and Sun City Texas, a large retirement community with over 12,000 residents. The town’s famous Red Poppy Flower Festival attracts 30,000 visitors annually. Georgetown is also well known for its Victorian commercial and residential architecture, as well as the Williamson County Courthouse Historical District listed on the National Register of Historic Places.