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Texas Roadhouse 500 S Bibb Ave

7,926 SF Retail Building Eagle Pass, TX 78852 For Sale

Investment Highlights

  • 15-Year Absolute NNN Ground Lease with Rent Steps in Year 6 & Year 11
  • Rapidly Expanding Corporate Credit Tenant
  • Regional Retail Hub for West Texas/ Mexico Border
  • Built-In Escalations within Primary Term and Three 5-Year Options
  • Prominent Location Off FM Road 375 with 24,500+ Cars Per Day
  • Lowe’s & Walmart Supercenter Shadow Anchored Providing Cross-Traffic Opportunities

Executive Summary

Edge Capital Markets is pleased to present the opportunity to acquire Texas Roadhouse, a newly constructed and well-positioned asset located in Eagle Pass, TX. Shadow anchored by Lowe’s and Walmart Supercenter, this nationally recognized restaurant concept allows an investor to acquire a 15-year corporate ground lease with a built-in rental escalation with renewal options with zero landlord responsibilities.
Eagle Pass is the fastest route between San Antonio and major trade locations in Mexico, such as Monterrey and Nava. International trade and travel is facilitated via three border crossing points. Each of these bridges connects Eagle Pass to its sister city, Piedras Negras, in the Mexican state of Coahuila. With a low cost of living, sophisticated transportation infrastructure, a highly skilled and abundant workforce, and an expanding population, Eagle Pass is poised for retail growth.
The Property is located within the trade area’s dominant retail hub and is exposed to nearly 25,000 cars daily. While the population within city limits is approximately 29,000, the metropolitan area expands beyond 300,000 people and comprises both Eagle Pass and Piedras Negras and generates traffic from broader Mexico. The retail hub also pulls from a broader secondary market of neighboring U.S. towns that spans numerous counties, primarily to the north and east.
Notably, one of the strongest sectors in Eagle Pass is the retail industry, driven mainly by affluent Mexican National consumers who cross daily to shop and buy American products. As such, Eagle Pass benefits from a staggering amount of daily traffic from Mexico via the border crossings, totaling 346,845 documented crossings in 2023.

Property Facts

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,926 SF
Building Class
B
Year Built
2024
Construction Status
Under Construction
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
3.09 AC
Frontage
646 FT on South Bibb Avenue
Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Denny's
PNC Bank
Fuddruckers
Starbucks
Chili's Grill & Bar
Huddle House
H-E-B Pharmacy
Rent-A-Center
Snap Fitness 24/7

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 7331
  • 4699
Land Assessment
$1,306,024
Improvements Assessment
$0
Total Assessment
$1,306,024
  • Listing ID: 33170127

  • Date on Market: 9/13/2024

  • Last Updated:

  • Address: 500 S Bibb Ave, Eagle Pass, TX 78852

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