Investment Highlights

25-YEAR ABSOLUTE NNN LEASE TO ICONIC QSR TENANT
» 25-year absolute NNN lease to iconic QSR tenant
» Rare annual rental increases, providing an excellent hedge against inflation
» No landlord management, making this an ideal opportunity for an out-of-area investor
» Leased to Tacala Austin Corp, a rapidly growing Taco Bell operator
» Taco Bell serves more than 42 million customers each week in the U.S., with annual sales projected to reach $15 billion by the end of 2022
» High-quality 2022 construction built to the latest Taco Bell prototype, featuring covered patio seating and a dedicated drive-thru for added customer convenience

HIGH-VISIBILITY LOCATION IN GROWING AREA
» Conveniently located along Veterans Drive with excellent visibility and access to 12,700 vehicles per day directly in front of the site
» Strategic high-visibility location with easy access from Interstate 35 and 123,721 vehicles per day
» Strategically located near Sage Hollow, a new development nearby consisting of approximately 200 homesites and attractive amenities
» Immediately surrounded by major traffic-driving tenants such as Target, Kohl’s, HEB, Petco, Walgreens, Sonic Drive-In and many more

EXCELLENT DEMOGRAPHICS IN HIGH-GROWTH AUSTIN SUBURB
» 70,761 residents live within five miles of the property, creating a large and stable customer base for the site
» High average annual household income of $116,438 within a one-mile radius, providing an affluent surrounding base
» Projected 16% income increases within 1-, 3-, and 5-mile radii over the next five years poise Taco Bell and Kyle for steady concurrent growth
» 3.4 miles from Austin Community College Hays Campus (18,000 students), establishing a strong customer base
» Less than 2 miles from Ascension Seton Hays Hospital (142 beds, 610 employees), one of the largest employers in the area

NEW 2022 CONSTRUCTION IN TAX FREE STATE
» High-quality 2022 construction built to the latest Taco Bell prototype, featuring covered patio seating and a dedicated drive-thru for added customer convenience
» Texas has no state income tax, estate tax, or inheritance tax

Property Description

» This brand-new Taco Bell is conveniently located along Veterans Drive with prominent street visibility and direct access to 12,700 vehicles per day directly in front of the property
» Located across from Sage Hollow, a brand new community development with over 200 homes and numerous amenities
» 70,761 residents live within five miles of the property, creating a large and stable customer base for the site
» The high average annual household income of $116,438 within a one-mile radius provides an affluent surrounding base
» Projected income increases within 1-, 3-, and 5-mile radii over the next five years poise Taco Bell and Kyle for steady concurrent growth