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8221 W State Highway 29
Georgetown, TX 78628 Georgetown-Leander

$3,900,000 USD

Freestanding For Sale  •  4,292 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 4,292 SF
  • Lot Size 1.54 AC
  • Building Class C
  • Year Built 2024
  • Cap Rate 3.85 %
  • Tenancy Single
0 Transit Score
9 Walk Score

Highlights

19+ Year Absolute Net Ground Lease (Zero Landlord Obligations) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
Positioned Along Area’s Traffic & Retail Corridor - Features Easy Access & Excellent Visibility - Located at a Major Intersection.
McDonald’s (NYSE: MCD) is Ranked #165 on the Fortune 500 List, Features Investment Grade Credit Rating “BBB+” by S&P’s.
Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics.
Within Bar W Marketplace - a 189,587 SF Neighborhood Community Shopping Center Anchored by a Highly Successful H-E-B Grocery.
Affluent Area: Features an Average Household Income of more than $164k+ within a 1-Mile Radius.
Cap Rate: 3.85 %

Major Tenants

Tenant SF Occupied Lease End Date
McDonald's 4,292 SF 3/10/2045

Public Transportation

AirportDriveWalkDistance
Robert Gray AAF 58 min - 37.7 mi
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap