FAZOLI'S PORTFOLIO

13201 N FM 620 N, Austin, TX 78729
$2,976,378

Property Type
Retail

INVESTMENT HIGHLIGHTS

  • Rare Opportunity – Potential buyers have the opportunity to acquire a highly sought-after turnkey franchise fast food concept in one of the most popular markets in the country.
  • Austin, MSA – Both properties are located in the Austin, TX MSA, the fastest growing MSA in the nation. With a population of over 2.2M and a population growth of over 14.5% in the last 5 years, Austin is a highly competitive market to be in.
  • Strategically Positioned Properties – Both Fazoli’s sites are outparcels to major shopping centers to their subject location and major national tenants to support the growth of the business.
  • Drive-Thru Equipped – Both sites have drive-thru’s which are proven to increase store sales volume and has allowed quick-service restaurants to remain open during the COVID-19 pandemic.
  • Recession & Pandemic Resistant Tenant – Historically, quick service restaurants maintain success in an economic recession and have seen an increase in sales growth throughout the Covid-19 pandemic.
  • Essential Business & E-Commerce Resistant Concept – The US government and the CDC identified quick-service restaurants as essential businesses and remained open throughout the Covid-19 pandemic. Quick service restaurants have also proven to be e-commerce proof, adopting new business strategies for online ordering.
  • Connor Olandt (in conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code).

Broker of Record

  • Kyle Matthews
  • License No. 9005919 (TX)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc.
  • 8300 Douglas Ave.,
    Ste 750, Dallas, TX 75225