549 Louis Henna Blvd - Freestanding FOR SALE


Round Rock, TX 78664
$3,350,515 USD
214-545-6900
549 Louis Henna Blvd, Round Rock, TX for Sale
$3,350,515 USD
Freestanding - FOR SALE
1/7
null | 4.85% Cap Rate

549 Louis Henna Blvd
Round Rock, TX 78664


HIGHLIGHTS

  • New (2024) construction with 15-year corporate guarantee ground lease
  • Built-in rental escalations with 3, 5-year renewal options
  • Located adjacent to the hard corner of the intersection of Greenlawn Blvd and Louis Henna Blvd with access to both. ±75,000+ VPD
  • Property is located adjacent to the corporate headquarters of Dell, Samsung, & Emerson along with a new HEB anchored retail development.
  • The immediate 3-mile area has seen a 1.9% population growth rate over the last five years and is expected to grow by 3.8% from 2024 to 2029.
  • Round Rock’s median household incomes expected to increase 8% from $102,894 to $111,121 by 2025.

OVERVIEW

Pollo Campero (the “Property”) is a newly built fast-food restaurant located at the southwestern corner of the intersection of Greenlawn Boulevard and Louis Henna Boulevard in Round Rock, Texas. The Property consists of a standalone building totaling 2,598 square feet of restaurant space on 0.699 acres of land. Built in 2024, the Property is currently occupied by a corporate owned Pollo Campero. The Property is oriented towards Louis Henna Blvd and State Highway 45 but shares access with the adjacent 7-Eleven gas station to Greenlawn Blvd and Louis Henna Blvd. As a benefit, the Property offers proximity to local demand drivers such as Dell’s corporate headquarters and a HEB anchored shopping center just to the south. This Property offers a potential investor a newly built retail asset with excellent credit and location in the rapidly growing Austin suburb of Round Rock.

FOR SALE DETAILS

PRICE

$3,350,515 USD

PRICE/SF

$2,393 USD /SF

CAP RATE

4.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pollo Campero

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

C1

APN/PARCEL ID

R393322

ASK ABOUT THIS PROPERTY

Bill PyleEdge Realty PartnersMore Info
214-545-6900

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Bill PyleEdge Realty PartnersMore Info
214-545-6900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.