829 W State Highway 71 - Restaurant FOR SALE
Bastrop, TX 78602 |
$3,125,000 USD
858-373-3184
829 W State Highway 71
Bastrop, TX 78602
HIGHLIGHTS
- 15 Year Absolute Net Ground Lease (Zero Landlord Responsibilities) featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Option
- Texas Roadhouse is a Leading Global Casual Dining Brand with 744 Locations, Nearly $5.9 Billion in Annual Revenue, Strong Nationwide Recognition.
- Strategic Highway 71 Positioning – the Property Sits along Bastrop’s Primary Commercial Corridor,Benefiting from Exceptional Regional Connectivity.
- Newly Constructed Texas Roadhouse Strategically Positioned within Sendero, Bastrop’s 75-Acre Premier Mixed-Use Destination featuring 250,000+ Square.
- Compelling Long-Term Real Estate Fundamentals – Rapid Population Growth, Major Corporate Investment, Expanding Housing, New Retail Development.
OVERVIEW
15 Year Absolute Net Ground Lease | Brand New 2026 Construction | Within 75-Acre Premier Mixed-Use Development | Prime Highway 71 Positioning | Primary Commercial Corridor | Explosive Bastrop Population Growth | Compelling Long-Term Real Estate Fundamentals | Emerging Central Texas Technology Cluster | Nearby $1.4B Data Center Investment | Massive SpaceX/ Starlink Expansion
FOR SALE DETAILS
PRICE
$3,125,000 USD
PRICE/SF
$625 USD /SF
CAP RATE
4.8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CORP. TEXAS ROADHOUSE(NASDAQ: TXRH) | ABS NET
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Storefront, undefined
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2026
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2 AC
LAND SF
87,120 SF
ZONING
-
APN/PARCEL ID
8737762
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858-373-3184
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858-373-3184
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