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1918 VETERANS BLVD Del Rio TX 78840

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Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Building SqFt 7,926
Year Built 2023
Lease Type ******
Lease Term ******
Remaining Term ******
Lease Expiration ******
Days on Market ******
Latitude 29.3834
Longitude -100.9061

Property History

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Property Type
Property Type
Retail
Property Subtype
QSR/Fast Food, Restaurant, Storefront
Marketing Description
  • Adjacent to Plaza Del Sol Mall (Marshalls, Cinemark, Ross, Burlington, ULTA, Chick-fil-A, Starbucks)
  • Residents Of Ciudad Acuña (Population ~200,000) Frequently Cross The Del Rio–Ciudad Acuña International Bridge Into Del Rio (Population ~35,000), Creating An Expanded Binational Retail Trade Area Of Over 235,000 Residents That Regularly Support Local Dining And Retail Demand
  • Proximate to Walmart Supercenter, Home Depot, Harbor Freight, Taco Bell, Panda Express, Planet Fitness, KFC
  • The Casual Dining Category Is Consolidating Around A Few Dominant Brands, With Texas Roadhouse Currently Leading The Sector In Sales Momentum
  • Industry-Leading Unit Economics And Strong Same-Store Sales Performance Continue To Support Aggressive Expansion For Texas Roadhouse. This Operational Strength Has Translated Into Significant Investor Demand For Texas Roadhouse NNN Properties, Which Consistently Command Premium Valuations And Compressed Cap Rates Within The Casual Dining Segment.
Investment Highlights
  • Texas Roadhouse - One of the strongest performing brands in the casual dining sector, generating average unit volumes in excess of $8 million and reporting 8.5% same-store sales growth
  • The Property Benefits From An Expanded Cross-Border Trade Area, including Ciudad Acuña, Mexico. The international bridge generates consistent consumer traffic into Del Rio for dining, retail shopping, and services, effectively expanding the regional customer base beyond the local population
  • The Property Benefits From Extended Regional Influence Spanning Approximately 25–60 Miles, drawing consumers from surrounding markets including Uvalde and Eagle Pass. Together, these communities contribute to a combined regional population influence exceeding 100,000 residents, expanding the property’s effective trade area beyond the immediate Del Rio market
  • Property - Located along Veterans Boulevard (U.S. Highways 90, 277, and 377), which serves as the primary retail corridor in Del Rio and carries approximately 29,000 vehicles per day
  • Five-Mile Trade Area includes more than 41,000 residents and over 14,000 employees, with an average household income of approximately $74,630
  • The Broader Region Is Supported By Several Stable Economic Drivers, including military and federal employment, cross-border commerce and international trade, healthcare systems, educational institutions, and regional government operations. In addition, cross-border consumer activity further strengthens retail demand, enhancing the depth and consistency of the overall trade area.
  • Strategically Located Within A Multi-County Trade Area supported by healthcare, education, and government employment centers that drive consistent daily traffic into the Del Rio retail corridor.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
BD
Ben Deskins PRO
•••.•••.3296
••••kins@••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
BM
Bob Moorhead PRO
•••.•••.7200
bob@••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
JC
Joe Caputo PRO
•••.•••.7200
joe@••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
GB
Garrison Berkley PRO
•••.•••.4766
••••kley@••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
ML
Morgan LeCorgne PRO
•••.•••.7878
•••••rgne@••••••••••••••.com
Brokerage logo

Map

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