549 Louis Henna BlvdRound Rock, TX 78664

For Sale
$3,350,515

Round Rock, TX: High-growth location, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a newly constructed (2024) Pollo Campero fast-food restaurant located at 549 Louis Henna Blvd, Round Rock, TX 78664. The 2,598 square foot building sits on a 0.699-acre lot in the C1 General Commercial District, benefiting from a prime location at the southwestern corner of Greenlawn Boulevard and Louis Henna Boulevard. This single-tenant property boasts a 100% occupancy rate with a 15-year corporate guaranteed lease, offering exceptional stability and predictable cash flow. The property's Net Operating Income (NOI) is $162,500, resulting in a 4.85% cap rate. The lease includes built-in rental escalations and three, five-year renewal options. This strategically positioned asset enjoys high visibility and accessibility, with over 75,000 vehicles passing daily. Its proximity to Dell's corporate headquarters, a nearby HEB-anchored shopping center, and other major employers contributes to its strong tenant base and high growth potential. The surrounding area demonstrates significant population growth, projected at 3.8% from 2024 to 2029, and rising median household incomes. This is a rare opportunity to acquire a stabilized, high-performing retail asset in a thriving Texas market. The asking price is $3,350,515.

Highlights

  • New (2024) construction with a 15-year corporate guaranteed ground lease.
  • Built-in rental escalations with three, five-year renewal options.
  • High-visibility location at the hard corner of Greenlawn Blvd and Louis Henna Blvd, with ±75,000 vehicles per day.
  • Adjacent to Dell, Samsung, and Emerson corporate headquarters, and a new HEB-anchored retail development.
  • 3-mile radius demonstrates 1.9% population growth over the past five years, projected at 3.8% growth from 2024-2029.
  • Round Rock median household income projected to increase 8% by 2025, from $102,894 to $111,121.

Property Details for 549 Louis Henna Blvd

Property type
Other retail properties, Restaurants
Square Feet
2,598 SF
Year Built
2024
Buildings
1
Lot Size (sq. ft)
30,448 SF

Location Insight

City
Round Rock
County
Williamson
State
Texas
Latitude
30.481997920875
Longitude
-97.6610240787
549 Louis Henna Blvd, Round Rock, Texas

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549 Louis Henna Blvd
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