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15881 Ronald W Reagan Blvd
Leander, TX 78641
Building 5 · Retail Property For Sale
Investment Highlights
- 15881 Ronald W Reagan Boulevard is a 5,850-square-foot standalone restaurant built in 2025 and 100% leased to Bawarchi Indian Cuisine as of 4/2/2025.
- Located in a thriving market as the population within a 5-mile radius grew by 20% from 2020-2024 and is projected to jump another 27% by 2029.
- Leased at an above-market annual rate of $34 per square foot with increases built in, compared to the submarket average of ~$31.50.
- Absolute Triple Net (NNN) lease with an annual rent of $198,900, 3% annual increases, and built-in renewal options.
- Affluent area with an average annual household income of $137,000 within a 5-mile radius contributing to $2.4 billion in consumer spending.
- Ronald Reagan corridor is a key connector to other major areas like Cedar Park, Georgetown, and Round Rock.
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,850 SF
Building Class
B
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
8.38 AC
Zoning
General Commercial - General Commercial
Frontage
181’ on Ronald Reagan Boulevard
Amenities
- Restaurant
- Signage
- Accent Lighting
- Recessed Lighting
- Air Conditioning
- Smoke Detector
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