Central Texas is a booming location, and with this kind of growth comes a rising demand for commercial real estate. While Austin has long been a hub for business growth, surrounding cities like Georgetown and Killeen are prime markets for commercial property investment. For business owners and investors alike, these communities offer a unique combination of affordability, accessibility, and long-term potential that makes them ideal for securing commercial property.
What Makes Georgetown and Killeen Attractive Investment Hubs?
As Austin expands outward, Georgetown and Killeen are benefiting from the spillover of population and economic growth. Both markets provide business owners with opportunities to purchase property in areas poised for expansion, but without the price tag of larger metro locations. Here are some of the top reasons these Central Texas cities are prime markets for commercial property investment.
Rapid Population Growth
Georgetown is one of the fastest-growing cities in the nation, consistently ranking high on the lists of desirable places to live. Families and professionals are flocking to the area, creating a strong customer base for local businesses. Similarly, Killeen’s growth is supported by its proximity to Fort Cavazos (formerly Fort Hood), which provides a steady population of military families and support industries. Population growth translates into higher demand for retail, services, and industrial space.
Strategic Location and Accessibility
Georgetown sits just north of Austin, benefiting from easy access to I-35 and Highway 130. This makes it a prime spot for companies that want proximity to the Austin market without the congestion and high real estate prices. Killeen sits between Austin and Waco, providing convenient access to major highways and central locations for distribution, service providers, and regional businesses.
Business-Friendly Climate
Both cities have reputations for being supportive of business growth. Georgetown has invested heavily in infrastructure to keep pace with expansion, while Killeen’s diverse economy benefits from military presence, healthcare, retail, and service industries. This business-friendly environment makes both locations appealing for entrepreneurs and investors seeking stability and long-term opportunity.
Strong Resale Value
Georgetown and Killeen maintain strong resale value for commercial properties. As demands for commercial space rise, owning property in these markets positions business owners to benefit from appreciation. And, investors who purchase flex spaces in these areas are likely to see continued growth in value as these regions expand.
Versatility of Flex Spaces in These Markets
Georgetown and Killeen are home to diverse industries, from construction trades and light manufacturing to e-commerce and creative services. Flex spaces that combine office and warehouse functions are particularly well-suited to these cities. They give business owners the adaptability to operate efficiently while securing an asset that appreciates as the local economy continues to grow.
Invest in Central Texas Growth with Workspace USA
For businesses and investors, the time to secure property in Georgetown and Killeen is now. These rapidly expanding Central Texas cities offer all the ingredients for long-term success: strong population growth, strategic locations, and a supportive business environment. At Workspace USA, we specialize in selling flex units designed to meet the needs of businesses in these thriving markets. Explore our available properties or contact us today to see how you can invest in your company’s future.