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CORP. POLLO CAMPERO (400+ LOCATIONS) | NNN 549 Louis Henna Blvd 2,598 SF Retail Building Round Rock, TX 78664 $3,095,000 ($1,191.30/SF) 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Long Term Absolute Net Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New Construction.
- Strong Daytime Employment Area - Surrounded by Numerous Established Corporate HQ’s, Business Parks, Regional Office Spaces, Distribution Centers, etc.
- Densely Populated and Affluent Area: Features an Average Household Income of more than $106k and 259k+ People Residing within a 5-Mile Radius.
- Positioned Along Area’s Major Traffic & Retail Corridor. Features Easy Access & Excellent Visibility near a Signalized Intersection.
- Adjacent to “the District” - a $500M, 65.5-Acre Mixed-Use Development featuring 4M Sq.Ft. of Office, Residential, Retail, and Hospitality Space.
- Directly Across from the Site is Dell’s 2M Sq.Ft. Global HQ employs over 14k People, making Dell the Region’s Largest Private Employer.
EXECUTIVE SUMMARY
Pollo Campero w/ Drive-Thru | Long Term Absolute Net Ground Lease | Global QSR Chain | New High Quality Construction | Epicenter of Activity | Strong Daytime Employment Area | Densely Populated & Affluent Region | Adjacent to $500M, 65.5-Acre Mixed-Use Development | Directly Across from Dell’s 2M Sq.Ft. Global HQ | Immediate Area Experiencing Major Growth
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,598 SF
Building Class
B
Year Built
2024
Price
$3,095,000
Price Per SF
$1,191.30
Cap Rate
5.25%
NOI
$162,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.68 AC
Zoning
C1 - General Commercial District
Frontage
122’ on Louis Henna Boulevard
AMENITIES
- Signage
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Pollo Campero
- Retailer
- 2,598 SF
- -
- Triple Net
- Sep 2039
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Pollo Campero | Retailer | 2,598 SF | - | Triple Net | Sep 2039 |
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Greenlawn Blvd | Louis Henna Blvd, N | 11,740 | 2025 | 0.05 mi |
| Louis Henna Blvd | Greenlawn Blvd, N | 14,806 | 2025 | 0.06 mi |
| TX 45 Toll | Greenlawn Blvd, E | 56,026 | 2024 | 0.08 mi |
| TX 45 | Greenlawn Blvd, E | 19,988 | 2024 | 0.11 mi |
| Louis Henna Boulevard | S A W Grimes Blvd N, W | 17,360 | 2021 | 0.11 mi |
| Louis Henna Blvd | Greenlawn Blvd, S | 13,768 | 2025 | 0.14 mi |
| Greenlawn Blvd | Dell Way, NW | 14,161 | 2025 | 0.22 mi |
| W Pflugerville Pkwy | Greenlawn Blvd, NW | 6,933 | 2025 | 0.35 mi |
| TX 121 | S I- 35 Fr N, W | 74,963 | 2025 | 0.43 mi |
| State Hwy 45 | S I- 35 Fr N, W | 75,760 | 2024 | 0.45 mi |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R393322 | Improvements Assessment | $256,559 |
| Land Assessment | $1,245,080 | Total Assessment | $1,501,639 |
PROPERTY TAXES
Parcel Number
R393322
Land Assessment
$1,245,080
Improvements Assessment
$256,559
Total Assessment
$1,501,639
MAP
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