3618 Williams Dr | Georgetown, TX 78628
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3618 Williams Dr
Georgetown, TX 78628
Sonrisa Condo Bldg 1 · Office Property For Sale
INVESTMENT HIGHLIGHTS
- 100% occupied medical suites
- Private entrances with great signage ability
- Located on the high traffic Williams Drive
EXECUTIVE SUMMARY
Building number 1 inside the highly visible Sonrisa medical condos is for sale. 100% occupied with two tenants, each with their own private suite and private entrance. Suite 101 has a three year lease with renewal option. Suite 105 has a ten year lease in place. Both are medical users, however both suites were initially built out as standard office.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
6,670 SF
Building Class
B
Year Built
2021
Price
$4,905,437 CAD
Price Per SF
$735.45 CAD
Cap Rate
4.91%
NOI
$240,654 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,596 SF
Building FAR
0.14
Lot Size
1.09 AC
Zoning
C5 - Office, professional services, medical
Parking
36 Spaces (13.87 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Conferencing Facility
- Kitchen
- High Ceilings
- Air Conditioning
PROPERTY TAXES
| Parcel Number | R504444 | Improvements Assessment | $2,808,466 CAD |
| Land Assessment | $1,027,346 CAD | Total Assessment | $3,835,812 CAD |
PROPERTY TAXES
Parcel Number
R504444
Land Assessment
$1,027,346 CAD
Improvements Assessment
$2,808,466 CAD
Total Assessment
$3,835,812 CAD
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