Torchy's Tacos

Round Rock

Austin

Call for Details

5.50

CAP Rate

Prominent, Freeway-Visible Pylon Signage

within 5 Miles

~12,000 Employees

Property details

Corporate Net Lease to Torchy's Tacos with Approximately 4 Years Remaining
- Scheduled 10% Rental Escalation at Each Option
- Minimal Landlord Responsibilities
Top 9% Location for Torchy's Nationwide by Annual Visits (per Placer.ai)
Rapidly Expanding "Craft Casual" Brand
- 130+ Locations in 16 States
- Raised $400M in 2020 & Backed by Global Private Equity Firm General Atlantic
- Forecasted 10-15% Annual Growth Rate
Excellent Visibility and Frontage along I-35 (148,992 AADT)
- Prominent, Freeway-Visible Pylon Signage
Close Proximity to Numerous National Retailers including H-E-B, Sprouts, CVS, McDonald's, Shake Shack, Academy Sports + Outdoors, YMCA & More
3.5 Miles from Dell Technologies
- Round Rock's Largest Employer with ~12,000 Employees
10,500+ College Students within 5 Miles
- Round Rock Campuses for Texas State University, Austin Community College & Texas A&M Health Science Center
Round Rock's Comprehensive Growth Plan Expecting over 6,000 New Housing Units by 2030 to Accommodate Increasing Demand
Daytime Population of 223,782 within 5 Miles
Average Household Income of $143,402 within a 5-Mile Radius
18 Miles from Downtown Austin
- Economic Heart of Central Texas
One of the Fastest Growing Metro Areas in the Country
- Austin-Round Rock MSA Population of 2.5 Million & GDP of $248 Billion
No State Income Tax in Texas

Listing leads

Putnam Daily

Managing Partner

CA RE Lic #01750064

Lindsey Snider

Senior Partner