Pollo Tropical – GL Kyle, TX

Kyle Parkway
Kyle, TX

Price: $3667000
Cap Rate: 4.50%
NOI: $165,000
Building Size: Approx. 3722 Sq. Ft.
Lot Size: Approx. 1.25 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2016

Investment Overview

  • New Construction | 3,722+/- SF Building on 1.25+/- Acre Site
  • New 20-Yr Corp Ground Lease w/ 10% Rent Bumps Every 5-Yrs
  • Located along Kyle Pkwy (13,000 VPD) & I-35 (111,000 VPD)
  • Outparcel to Lowe’s | Near Target, Chase, Starbucks, Chick-fil-A, Whataburger
  • Adjacent to Seton Medical Center Hays (2,200 Empl.) | 2.5 Miles E of Austin Comm. College (2,000 Enrol.)
  • Attractions: State Capital | Barton Springs Pool | River Rafting & Tubing | Tanger Outlet Center
  • Kyle is currently the 6th fastest growing city in Texas & located 20-Miles S of Austin, Texas
  • 1-Mile 2000-2015 Est. Population Growth 23.9% l  3-Mile Average Household Income:  $76,674
  • Austin – Round Rock – San Marcos (MSA) | 35th Larges MSA in the U.S. | Population: 1,769,952

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