CVS Pharmacy 1102 S Austin Ave 15,300 SF Retail Building Georgetown, TX 78626 $11,971,336 CAD ($782.44 CAD/SF) 5.50% Cap Rate

Cushman & Wakefield is pleased to present a 15,713± square foot, freestanding CVS PHARMACY retail store with a drive-thru, ample parking on site and adjacent parking lot, located in Georgetown, Texas, with almost 19 years of primary lease term remaining.
The CVS property is located on the northwest corner of the high traffic intersection of South Austin Avenue and West University Avenue – one of the premier intersections in Georgetown in one of the fastest growing regions in Texas. South Austin Avenue is a primary north/south corridor in Georgetown, with traffic counts of approximately 14,800 VPD, and West University Avenue is a major east/west thoroughfare with 35,489 VPD. Surrounding retailers include Wells Fargo, Golden Chick, Exxon, Little Caesars, and First Texas Bank, along with a variety of other national and regional tenants. Directly west of the property along W University Ave is a dense retail corridor that includes Wolf Ranch Town Center, a dominant shopping center anchored by Target, T.J. Maxx, Kohl’s and Best Buy, among other national retailers, dining, and entertainment options that drive consistent consumer traffic to the area. Other notable retailers on W University Ave include H-E-B, Academy Sports + Outdoors, Hobby Lobby, Floor & Décor, and ALDI, to name a few. South Austin Avenue is also a busy commercial corridor through Georgetown, providing direct access to residential neighborhoods and retail hubs, while West University Avenue connects the property with Interstate 35 and downtown Austin and the greater Central Texas region.
Listed in conjunction with Texas licensed broker Cushman & Wakefield U.S., Inc.