Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Dark Chili's property located at 3480 Ranch Rd 620 S, Bee Cave, TX 78738. This 5,985 SF second generation restaurant property was built in 2004 and is situated on 1.2 AC of land within the Falcon Head PDD. Presently, the property is vacant and leased to Brinker International Inc. until November 30th, 2025. They are currently paying $16,000/NNN for the site until the expiration of the primary term. The lease is corporately guaranteed by Brinker International, Inc. who are responsible for utilities, taxes, insurance, and all maintenance on the property (including roof and structure). Brinker is in the process of a full restoration of the site as per the lease, which is expected to be completed prior to the expiration of their lease. There is a right of first refusal from the tenant to purchase the building. The location is excellent - the property boasts frontage and access off Ranch Road 620, offering 25,771 VPD with reciprocal access off Falcon Head Blvd, offering 2,689 VPD with direct access to Ranch Road 620 via a signalized intersection. The property is situated proximate to many points of interest, such as Falcon Head, a several hundred lot golfing range, the Hill Country Galleria, a 1.3M SF life-style center inclusive of retail, office and residential, and Baylor Scott & White Medical Center - a 106 bed, full service hospital. Proximate notable retailers include Home Depot, Target, H-E-B, Chick-Fil-A, Discount Tire, and more. Nearby demographics some of the strongest in the Austin MSA - a 14.4 percent population increase was recorded between 2020-2024 with an average household income of $178,259, only within a mere mile of the site.