13001 Texas HwyLiberty Hill, TX 78642

This exceptional investment opportunity presents a brand-new, 2024-built, 2,400 square-foot Popeyes restaurant situated on a 0.955-acre lot in Liberty Hill, Texas. The property boasts a 19.8-year remaining lease term (expiring August 31, 2044) with a prominent franchisee, featuring a 4.75% cap rate and a strong NOI of $83,500. The absolute NNN lease includes built-in rent bumps of 10% every five years, providing consistent income growth. This strategically located fast-food establishment benefits from high visibility along Texas Highway 29 (23,618 AADT) and is ideally positioned near Liberty Hill Elementary and Louise Noble Elementary Schools. The surrounding area showcases robust demographics, with a 5-mile radius population of 46,432 and an impressive 6.01% annual growth rate. Average household income within this radius is $137,941. The property's proximity to Georgetown (14 miles), Round Rock (26 miles), and Austin (33 miles) further enhances its appeal. Significant nearby residential development, including thousands of new homes and apartments, ensures continued strong demand. Major retail neighbors include Tractor Supply Company, Dollar General, Dutch Bros Coffee, and Schlotzsky's. The lease includes four 5-year renewal options. This is a rare opportunity to acquire a high-performing, low-maintenance investment in a rapidly expanding Texas market. The ground lease is included in the sale.