2100 Old Airport RdGeorgetown, TX 78626

This Georgetown, Texas industrial property, located at 2100 Old Airport Rd, 78626, presents a compelling redevelopment opportunity. The 1,600 square foot, single-story manufacturing building sits on a 5.5-acre lot with all utilities on-site. Currently 100% occupied under a Net Net (NN) lease with a single tenant (Suburban Propane) until August 31, 2025, offering a remaining lease term of approximately 0.8 years. The property is zoned for industrial use and features a ground lease expiring on the same date as the building lease. The asking price is $5,500,000, translating to a price per square foot of $3,437.50. This Class C property offers significant potential for investors seeking a redevelopment project in a prime Georgetown location with convenient IH-35 access. The lease commenced August 1, 2020, and there are no rent bumps or lease options. This is a single-tenant, ground-leased property with a strong existing tenant. The property's location in Williamson County, Texas, provides excellent access to major transportation routes. This is an exceptional opportunity to acquire a well-located industrial property with significant upside potential.