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Pollo Campero 549 Louis Henna Blvd

2,598 SF Retail Building Round Rock, TX 78664 £2,643,556 (£1,018/SF) 4.85% Net Initial Yield

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Investment Highlights

New (2024) construction with 15-year corporate guarantee ground lease
Located adjacent to the hard corner of the intersection of Greenlawn Blvd and Louis Henna Blvd with access to both. ±75,000+ VPD
The immediate 3-mile area has seen a 1.9% population growth rate over the last five years and is expected to grow by 3.8% from 2024 to 2029.

Built-in rental escalations with 3, 5-year renewal options
Property is located adjacent to the corporate headquarters of Dell, Samsung, & Emerson along with a new HEB anchored retail development.
Round Rock’s median household incomes expected to increase 8% from $102,894 to $111,121 by 2025.

Executive Summary

Pollo Campero (the “Property”) is a newly built fast-food restaurant located at the southwestern corner of the intersection of Greenlawn Boulevard and Louis Henna Boulevard in Round Rock, Texas. The Property consists of a standalone building totaling 2,598 square feet of restaurant space on 0.699 acres of land. Built in 2024, the Property is currently occupied by a corporate owned Pollo Campero. The Property is oriented towards Louis Henna Blvd and State Highway 45 but shares access with the adjacent 7-Eleven gas station to Greenlawn Blvd and Louis Henna Blvd. As a benefit, the Property offers proximity to local demand drivers such as Dell’s corporate headquarters and a HEB anchored shopping center just to the south. This Property offers a potential investor a newly built retail asset with excellent credit and location in the rapidly growing Austin suburb of Round Rock.