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15881 Ronald W Reagan Blvd
Leander, TX 78641 Georgetown-Leander

Price Upon Request

Restaurant For Sale  •  5,850 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 5,850 SF
  • Lot Size 8.38 AC
  • Building Class B
  • Year Built 2025
  • Tenancy Single
  • Zoning General Commercial
0 Transit Score
25 Walk Score

Highlights

15881 Ronald W Reagan Boulevard is a 5,850-square-foot standalone restaurant built in 2025 and 100% leased to Bawarchi Indian Cuisine as of 4/1/2025.
Absolute NNN lease on a 15-year term with an annual rent of $198,900, 3% annual increases, and built-in renewal options.
Located in a thriving market as the population within a 5-mile radius grew by 20% from 2020-2024 and is projected to jump another 27% by 2029.
Affluent area with an average annual household income of $137,000 within a 5-mile radius contributing to $2.4 billion in consumer spending.
Leased at an above-market annual rate of $34 per square foot with increases built in, compared to the submarket average of ~$31.50.
The Ronald Reagan corridor is a key connector to other major areas like Cedar Park, Georgetown, and Round Rock.

Amenities

  • Restaurant
  • Signage
  • Accent Lighting
  • Recessed Lighting
  • Air Conditioning
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Austin-Bergstrom International 50 min - 36.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes