102 Riverview Drive
Lampasas (Outside Austin), TX 76550

Schlotzsky’s Drive-Thru

Offering Summary
Price $2,000,000 Cap Rate 5.00%
NOI $100,000.00 Rentable SF 2,904 SF
Lot Size 0.39 +/- Acres Year Built 2015
Lease Type Absolute NNN Lease Term 15 Years

Investment Highlights

  • Rare Corporately Guaranteed Lease by Focus Brands, an
    Investment Grade Credit Tenant, Rated BBB by Standard & Poor’s
  • Brand New 15-Year Absolute NNN Lease
  • 1.75% Annual Rent Increases in Primary Term & Options
  • Combined Traffic Counts Exceed 48,500 Vehicles Per Day on S
    Key Ave, US Hwy 281 & US Hwy 190
  • Average Household Income Exceeds $85,000 (5-Mile Radius)
  • 4.0% Expected Population Growth Over the Next 5-Years

Please login or sign up to view offering memorandum

For More Information, Please Contact:

John R Wertz
Managing Principal
(619) 218-6427
[email protected]