- For Sale $966,000
- Property Type Office - Medical Office
- Property Size 1,860 SF
- Lot Size 1 Acre
- Cap Rate % 5.56
- NOI / YR $52,097.00
- Zoning c1
- Parking Spaces Avail. 19
- Parking Ratio 10.22 / 1,000 SF
- Property Tenancy Multi-Tenant
- Year Built 2021
- Date Updated Sep 14, 2026
Description
MARKETING DESCRIPTION — paste this whole block:
RARE NET-LEASED MEDICAL CONDO — WILLIAMS DRIVE CORRIDOR · GEORGETOWN, TEXAS
Suite 103 at 4841 Williams Drive is a 1,854 SF medical office condominium in Sedro Crossing East, leased to an established medical practice under a triple-net lease. Income is in place from day one, with a defined path to owner occupancy at primary-term maturity.
INVESTMENT HIGHLIGHTS (Est.)
• 1,854 SF medical/professional condominium, fee simple, in a five-suite condominium regime
• Long-term medical tenant in place under an NNN lease — tenant pays CAM, property taxes and insurance
• Primary term runs through March 31, 2029 — Est. 2.6 years remaining
• 3.0% annual base rent escalations each March; next step-up March 1, 2027
• Two five-year renewal options at Market Rate plus 3.0% annual escalation
• Est. 5.39% in-place cap rate; Est. 5.56% forward after the March 2027 escalation
• Medical finish-out already in place — reception, lobby, five exam rooms, lab, office, two restrooms, breakroom (Est.)
• 1031 Exchange eligible · cash or conventional financing · clean title delivered at closingLOCATION (Est.)
• Direct frontage on Williams Drive (FM 2338) — Est. 16,000 vehicles per day
• Approximately one mile from Sun City Texas, the largest 55-plus active-adult community in Texas with 18,000+ residents
• 4 miles to I-35 · 4.5 miles to downtown Georgetown
• Within Cockrum Commercial's 19-acre, 26-building Sedro Crossing master development
• Same park as Austin Retina Associates, Pain Specialists of Austin and Georgetown PediatricsPROPERTY FEATURES
• Class A condominium construction — steel frame, standing seam metal roof, single-story
• Fully sprinklered and ADA-compliant · dedicated HVAC serving the suite
• Certificate of Occupancy issued March 2022 — Business B occupancy, zoning C-1
• Generous common-area surface parking, Est. 5.0+ spaces per 1,000 SF
• Suite-level and monument signage availableTRANSACTION TERMS
• Sale by owner (FSBO) — direct contact with the seller principal
• 3% commission paid by seller to the procuring buyer's broker
• 1031 Exchange friendly — closing can be timed to a buyer's 180-day deadline
• Full lease abstract, rent ledger and diligence package available on requestSEDRO CROSSING — BUILDING C
Sedro Crossing is Cockrum Commercial's flagship master-planned campus on Williams Drive: 19 acres, 26 buildings, approximately 180,000 square feet of medical and professional space anchoring the north Georgetown corridor. The park has drawn regionally recognized practices — Austin Retina Associates, Pain Specialists of Austin, Georgetown Pediatrics, Family ENT, Mount Orthodontics — building the kind of clinical density that keeps referrals inside the campus.
CONTACT
Thomas G. Chessher · Managing Member, 4841 Williams C, LLC
· 512-771-5555 · Tours by appointment
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Contacts
Ti Dev LLC
Location
Ti Dev LLC