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1500 N Interstate Hwy 35Round Rock, TX 78681
Torchy's Tacos
Asset ClassRetail
MSAAustin
overview of deal

Overview

Located along the high-traffic I-35 corridor in Round Rock, TX, this corporate-leased Torchy’s Tacos offers investors a rare opportunity to own a top 10% performing location within the brand’s national footprint. Backed by private equity and rapidly expanding, Torchy’s benefits from strong regional demographics, proximity to Dell’s global headquarters, and national retail co-tenancy. The property features minimal landlord responsibilities, 10% rental escalations at each option, and a proven operator in one of the fastest-growing metros in the U.S.

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Investment Highlights

Deal Size
$4.36 M
Cap Rate
5.25%
  • Corporate Net Lease to Torchy's Tacos with Approximately 4 Years Remaining
  • Top 9% Location for Torchy's Nationwide by Annual Visits (per Placer.ai)
  • Rapidly Expanding "Craft Casual" Brand
  • Excellent Visibility and Frontage along I-35 (148,992 AADT)
  • Close Proximity to Numerous National Retailers including H-E-B, Sprouts, CVS, McDonald's, Shake Shack, Academy Sports + Outdoors, YMCA & More
  • 10,500+ College Students within 5 Miles
1500 N Interstate Hwy 35Round Rock, TX 78681

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Listing provided by Revere CRE