Shake Shack Round Rock, TX

1402 N Interstate 35
Round Rock, TX

Price: $5,731,000
Cap Rate: 5.15%
NOI: $295,126
Building Size: Approx. 3,380 Sq. Ft.
Lot Size: Approx. 1.6 Acres
Type: Single-Tenant / Retail
Sub Category: Casual Dining
Year Built: 2023

Investment Overview

  • 2023 Construction. 3,380+/- SF Building on 1.60+/- Acre Site
  • Brand New 15 Year Ground Lease w/ 10% Rental Increases Every 5 Years, Including Option Periods
  • Subject Property is a New Construction Building with a Double Lane Drive-Thru
  • Located Right Off of Interstate Hwy 35 (146,000+ VPD), Near Corner of Sam Bass Rd & Chisholm Trail Rd (11,850 Combined VPD)
  • Near Several National Retailers Including Sprouts, Torchy’s Tacos, Starbucks, KFC, Dairy Queen, and Many More
  • Shake Shack is one of the Fastest Growing Food Chains in the US – 440 Locations w/ $900M Revenue in 2022
  • Round Rock  |  Located w/in the Greater Austin MSA |  Population: 126,697+