14200 W State Hwy 29
Liberty Hill, TX
Price:
$2,660,000
Cap Rate:
5.00%
NOI:
$133,000
Building Size:
Approx. 950 Sq. Ft.
Lot Size:
Approx. 0.92 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2023
Investment Overview
- 2023 Construction. 950+/- SF Building on 0.92+/- Acre Site
- New Construction 15 Year NNN Lease Site w/ Double Drive-Thru
- Located Directly Off W State Hwy 29 (35,194 VPD)
- Dense Trade Area Near Several National Retailers Including Domino’s, Sonic, QuikTrip, McDonalds, and More
- One of Austin’s Fastest Growing Suburbs w/ a 79.3% Increase in Population from 2020-2021
- Dutch Bros Total Revenue Grew 48.4% to $739.0 Million as Compared to $497.9 Million in 2021
- Liberty Hill | 30 Miles from Downtown Austin | Median Household Income: $86,272