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Restaurant

Corp. Pollo Campero (400+ Locations) | Austin MSA | New Absolute NNN | Across from Dell Global HQ

549 Louis Henna Blvd, Round Rock (Austin MSA), TX 78664

Listing Price: $3,095,000

Cap Rate
5.25%
Tenant Name
Pollo Campero
Years Remaining On Lease
14.3
Gross SF
2,598
Guarantor
Corporate Guarantee
Rentable SF
2,598
Price/Gross SF
$1,191.30
Lease Type
NNN Ground Lease
Rent Per Square Feet
$62.55

Investment Overview

Located in one of the fastest-growing suburbs of Austin, this property benefits from exceptional regional dynamics and a thriving economic environment. The surrounding area of Round Rock, Texas, is a major hub for both residential growth and commercial activity, consistently ranked among the best cities in the U.S. for business and family life. The immediate vicinity offers a blend of established neighborhoods, high-density retail centers, and national tenants that drive strong, consistent foot traffic throughout the week.

This high-visibility corridor along Louis Henna Boulevard sees significant daily vehicle counts and is strategically positioned near major transportation arteries, including Interstate 35 and SH-45. These highways provide seamless connectivity to downtown Austin, just 20 miles to the south, and facilitate easy access for both local customers and regional visitors. The property is also near prominent employers such as Dell Technologies’ global headquarters, Amazon, and Tesla-related suppliers, which contribute to a robust daytime population and an influx of steady traffic throughout the workweek.

Retail synergy is strong in the surrounding area, with nearby centers featuring major national brands such as Target, Walmart, Lowe’s, Best Buy, and H-E-B. These anchor tenants drive significant consumer activity, creating a dense commercial trade area that continues to attract investment and new development. Demographics within a 3-mile radius are compelling, with over 100,000 residents and strong average household incomes, contributing to a favorable environment for food service and retail operators.

The city of Round Rock offers pro-business governance, low property taxes compared to other parts of the state, and is known for its streamlined permitting process. With a strong regional draw, expanding residential base, and proximity to Austin’s booming tech corridor, this location is ideally positioned to support long-term commercial success for a wide range of tenants.

Investment Highlights

  • Long Term Absolute Net Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New Construction Featuring a Drive-Thru.
  • Positioned Along Area's Major Traffic & Retail Corridor. Features Easy Access & Excellent Visibility near a Signalized Intersection w/ Daily Combined Traffic Counts Exceeding 28k Vehicles.
  • Strong Daytime Employment Area - Surrounded by Numerous Established Corporate HQ's, Business Parks, Regional Office Spaces, Distribution Centers, Industrial and Manufacturing Plants.
  • Adjacent to "the District" - a $500M, 65.5-Acre Mixed-Use Development featuring 4M Sq.Ft. of Office, Residential, Retail, and Hospitality Space, set to Transform the Area starting Construction in Mid 2025.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $106k and 259k+ People Residing within a 5-Mile Radius.
  • 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 and Anchors the Area's Economy along with a new HEB Anchored Retail Development.
  • Located within Round Rock's Primary Retail Corridor, which attracted over 16 Million Visits in 2023, the Site Benefits from Exceptional Visibility, High Consumer Traffic, and Strong Synergy with Surrounding National Brands and Shopping Centers.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction. Austin Currently Ranks as the Fastest Growing Metro out of the 50 Largest U.S. Metros, and has an Unemployment Rate of 3.5%. The City also has become a Center for Technology and Business.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • David Kern

    Managing Director Investments

    (858) 373-3185

    Email David

    License(s): CA: 01878012

    San Diego Downtown

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s) TX: 0606255

    Texas

Financing By

Restaurant

Corp. Pollo Campero (400+ Locations) | Austin MSA | New Absolute NNN | Across from Dell Global HQ

Listing Price: $3,095,000

Cap Rate
5.25%
Tenant Name
Pollo Campero
Years Remaining On Lease
14.3
Gross SF
2,598
Guarantor
Corporate Guarantee
Rentable SF
2,598
Price/Gross SF
$1,191.30
Lease Type
NNN Ground Lease
Rent Per Square Feet
$62.55

Investment Highlights

  • Long Term Absolute Net Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New Construction Featuring a Drive-Thru.
  • Positioned Along Area's Major Traffic & Retail Corridor. Features Easy Access & Excellent Visibility near a Signalized Intersection w/ Daily Combined Traffic Counts Exceeding 28k Vehicles.
  • Strong Daytime Employment Area - Surrounded by Numerous Established Corporate HQ's, Business Parks, Regional Office Spaces, Distribution Centers, Industrial and Manufacturing Plants.
  • Adjacent to "the District" - a $500M, 65.5-Acre Mixed-Use Development featuring 4M Sq.Ft. of Office, Residential, Retail, and Hospitality Space, set to Transform the Area starting Construction in Mid 2025.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $106k and 259k+ People Residing within a 5-Mile Radius.
  • 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 and Anchors the Area's Economy along with a new HEB Anchored Retail Development.
  • Located within Round Rock's Primary Retail Corridor, which attracted over 16 Million Visits in 2023, the Site Benefits from Exceptional Visibility, High Consumer Traffic, and Strong Synergy with Surrounding National Brands and Shopping Centers.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction. Austin Currently Ranks as the Fastest Growing Metro out of the 50 Largest U.S. Metros, and has an Unemployment Rate of 3.5%. The City also has become a Center for Technology and Business.

Investment Overview

Located in one of the fastest-growing suburbs of Austin, this property benefits from exceptional regional dynamics and a thriving economic environment. The surrounding area of Round Rock, Texas, is a major hub for both residential growth and commercial activity, consistently ranked among the best cities in the U.S. for business and family life. The immediate vicinity offers a blend of established neighborhoods, high-density retail centers, and national tenants that drive strong, consistent foot traffic throughout the week. This high-visibility corridor along Louis Henna Boulevard sees significant daily vehicle counts and is strategically positioned near major transportation arteries, including Interstate 35 and SH-45. These highways provide seamless connectivity to downtown Austin, just 20 miles to the south, and facilitate easy access for both local customers and regional visitors. The property is also near prominent employers such as Dell Technologies’ global headquarters, Amazon, and Tesla-related suppliers, which contribute to a robust daytime population and an influx of steady traffic throughout the workweek. Retail synergy is strong in the surrounding area, with nearby centers featuring major national brands such as Target, Walmart, Lowe’s, Best Buy, and H-E-B. These anchor tenants drive significant consumer activity, creating a dense commercial trade area that continues to attract investment and new development. Demographics within a 3-mile radius are compelling, with over 100,000 residents and strong average household incomes, contributing to a favorable environment for food service and retail operators. The city of Round Rock offers pro-business governance, low property taxes compared to other parts of the state, and is known for its streamlined permitting process. With a strong regional draw, expanding residential base, and proximity to Austin’s booming tech corridor, this location is ideally positioned to support long-term commercial success for a wide range of tenants.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • David Kern

    Managing Director Investments

    (858) 373-3185

    Email David

    License(s): CA: 01878012

    San Diego Downtown

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s): TX: 0606255

    Texas

Financing By

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