13001 Texas HwyLiberty Hill, TX 78642
- Retail properties
- 2,400 SF
Property Details for 13001 Texas Hwy
- Year built
- 2024
- Lot size
- 0.96 AC
- Property size (Sq ft)
- 2,400 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
Description
This exceptional investment opportunity presents a brand-new, 2024-built, 2,400 square-foot Popeyes restaurant situated on a 0.955-acre lot in Liberty Hill, Texas. The property boasts a 19.8-year remaining lease term (expiring August 31, 2044) with a prominent franchisee, featuring a 4.75% cap rate and a strong NOI of $83,500. The absolute NNN lease includes built-in rent bumps of 10% every five years, providing consistent income growth. This strategically located fast-food establishment benefits from high visibility along Texas Highway 29 (23,618 AADT) and is ideally positioned near Liberty Hill Elementary and Louise Noble Elementary Schools. The surrounding area showcases robust demographics, with a 5-mile radius population of 46,432 and an impressive 6.01% annual growth rate. Average household income within this radius is $137,941. The property's proximity to Georgetown (14 miles), Round Rock (26 miles), and Austin (33 miles) further enhances its appeal. Significant nearby residential development, including thousands of new homes and apartments, ensures continued strong demand. Major retail neighbors include Tractor Supply Company, Dollar General, Dutch Bros Coffee, and Schlotzsky's. The lease includes four 5-year renewal options. This is a rare opportunity to acquire a high-performing, low-maintenance investment in a rapidly expanding Texas market. The ground lease is included in the sale.
Location Insight
- City
- Liberty Hill
- County
- Williamson
- State
- Texas
- Latitude
- 30.6627
- Longitude
- -97.9016
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].