1650 Highway 71 E | Bastrop, TX 78602
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1650 Highway 71 E
Bastrop, TX 78602
POPEYES | AUSTIN, TX MSA | 20-YR NNN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Excellent Guaranty and Strong Sales | Operated by The Dhanani Group (Largest Popeyes Franchisee, 1,297+ Units)
- Brand New 20-Year Triple Net (NNN) Lease with 10% Rental Increases Every Five (5) Years to Commence at Closing
- Strategic Freeway Location | Excellent Visibility and Accessibility at the Signalized Intersection
- 8% Rent-to-Sales Ratio
- Strategically Positioned Right off State Highway 71, the Primary Route Between Austin and Houston
- Annual Projected Population Growth Within 1-Mile of Subject Property: 3.2%/Yr (2023-2038)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,567 SF
Building Class
C
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.56 AC
AMENITIES
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 115089 | Improvements Assessment | $395,499 |
| Land Assessment | $406,992 | Total Assessment | $802,491 |
PROPERTY TAXES
Parcel Number
115089
Land Assessment
$406,992
Improvements Assessment
$395,499
Total Assessment
$802,491
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