SEC of Williams Dr and Cedar Breaks Rd - Georgetown, TX 78628
Shops at Cedar Breaks - Property ID: TX345
SEC of Williams Dr.(FM 2338) and Cedar Breaks Rd. (Georgetown Inner Loop) across from HEB Grocery Store in Georgetown, TX. The site is 3 miles west of IH-35 and one-half mile east of the Sun City entrance. Tenants include CVS Pharmacy, Cingular Wireless, McDonald's, Jack Brown Cleaners, Sprint, Franklin Bank, and Edward Jones.
Overview: Nestled between the cool, clear waters of the North and South San Gabriel Rivers and the gently rolling hills of Central Texas, is the beautiful City of Georgetown. Georgetown is approximately 24 miles north of downtown Austin, and is the county seat of Williamson County, one of the fastest growing counties in the United States. Williamson County has been the fastest growing portion of the Austin market for the last 10 years. The proposed trade area for our center had a 2005 population of 144,503 people. The population is expected to grow at an annual rate of 7.65% over the next 5 years, exceeding the growth rate of 2.6% for the entire Austin market.
Georgetown expects to grow even more with new developments, such as Del Webb's Sun City, Texas (A Senior Adult Community) and Cimarron Hills, a private, golf course, 820-acre community featuring a Jack Nicklaus signature golf course.
Sun City opened in April of 1996, and is comprised of 6,625 acres and 2,300 homes. It has a capacity of 10,500 homes. The homes in Sun City range from $100,000 to $700,000+. Sun City is just west of our center.
The Capital Area Metropolitan Planning Organization (CAMPO) population projections show that the population of Georgetown is expected to double within the next 8-10 years.
Cedar Breaks Rd. is part of the master-planned Inner Loop roadway designed to connect IH-35 south of downtown Georgetown to the western point of Georgetown at Highway 195. Shell Road will be realigned to connect to Cedar Breaks Rd. (A 4-Lane Divided Road) as part of this Loop.
This intersection of Williams Dr. and Cedar Breaks Rd. is the primary retail area in Georgetown, west of Interstate 35. H.E.B. is located on the southwest corner of the intersection, immediately west of our site.
The current phase of construction at the Shops at Cedar Breaks is scheduled for completion in May 2007.
Rental Rate: $20.00 - $22.00 psf
NNN Info: $4.00 psf -- Estimated 2006
Contact: Centres Southwest