Investment Highlights

LONG-TERM ABSOLUTE NNN LEASE
» 25-year NNN lease with absolutely no landlord management, providing an ideal investment for an out-of-area investor
» Operated by one of Taco Bell’s largest franchisees, with over 280 units
» Rare annual rental increases, providing an excellent hedge against inflation

HIGH-TRAFFIC LOCATION IN RETAIL CORRIDOR
» Strategically located on U.S. Highway 281, with excellent visibility and access to 20,000 vehicles per day directly in front of the property
» U.S. Highway 281 serves as Burnet’s primary retail and transportation corridor
» U.S. Highway 281 is also a major south–north route within Texas and the Texas Hill Country, connecting Burnet to Marble Falls and the San Antonio metro area to the south
» Less than a mile from downtown Burnet’s shopping district

STRONG CUSTOMER BASE IN AREA
» Directly across from The YMCA of the Highland Lakes at Galloway-Hammond, a state-of-the-art recreational facility with two indoor pools, a large gym, a fitness center, outdoor sports fields, and a wide range of activities and programs
» The Y at Galloway-Hammond regularly hosts baseball tournaments that draw as many as 40 teams from the Austin and San Antonio metro areas and the Texas Hill Country
» Close to many of the region’s largest employers, including Seton Highland Lakes Hospital (311 employees), Stealth Products (149 employees), Entegris (140 employees), and H-E-B (115 employees)

NEW 2018 CONSTRUCTION
» 2018 construction featuring a dedicated drive-thru, providing additional customer convenience and boosting sales revenue
» New building, limiting near-term deferred maintenance or capital costs

Property Description

SOLD
The property is strategically located on Water Street/U.S. Highway 281, with excellent visibility and access to 20,000 vehicles per day directly in front of the property. U.S. Highway 281, known as Water Street within Burnet, serves as the city’s primary retail and transportation corridor. U.S. Highway 281 is also a major south–north route within Texas and the Texas Hill Country, connecting Burnet to Marble Falls and the San Antonio metro area to the south. The property is less than a mile from downtown Burnet’s shopping district, which features a strong mix of local and national tenants, including well-known retailers like Walgreens, Bealls, McDonald’s, H-E-B, Domino’s Pizza, Dollar General, and Whataburger. Other notable tenants near the property include Dairy Queen, Chicken Express, and O’Reilly Auto Parts, Shell, and Comfort Inn & Suites.

The property is conveniently located directly across from The YMCA of the Highland Lakes at Galloway- Hammond, a state-of-the-art recreational facility with two indoor pools, a large gym, a fitness center, outdoor sports fields, an RV park, and a wide range of activities and programs. The center has several baseball fields, and Blue Diamond Tournaments, a baseball tournament organizer, operates five tournaments at the facility. The tournaments draw teams from San Antonio, San Angelo, Austin, and Taylor, among others, and many tournament teams stay in hotels in the Burnet area. Other important community amenities located near the property include the Burnet Municipal Airport and Delaware Springs Golf Course. The property is also close to many of the region’s largest employers, including Seton Highland Lakes Hospital (311 employees), Stealth Products (149 employees), Entegris (140 employees), and H-E-B (115 employees).