Exceptional Turnkey Restaurant and Event Space Available
Are you ready to invest in a remarkable opportunity? An outstanding turnkey restaurant and event venue is now on the market. This spacious property not only promises a vibrant dining experience but also serves as an ideal location for various events.
Details of the Property
Spanning approximately 13,960 square feet, this venue was established in 2021 and was once the beloved Cork & Barrel Pub. The layout brings together the warmth of a traditional Irish pub with the flair of modern architecture, highlighting why it received accolades for its design. The asset covers around 3.3 acres, offering ample room for both indoor and outdoor activities.
Interior and Outdoor Highlights
The interior boasts about 10,465 square feet dedicated to dining and microbrewing, allowing guests to enjoy their favorite brews alongside scrumptious meals. In addition, expansive outdoor amenities set this venue apart. Notable features include:
- A 1,025 square foot pavilion great for gatherings
- A shaded deck of 1,560 square feet
- A 410 square foot paddock
- A covered outdoor stage of 500 square feet
- A serene beer garden by the creek, perfect for a relaxed atmosphere
The property can accommodate 350 guests and is designed for high-volume dining experiences and entertainment events. It features a hidden speakeasy, three bar stations equipped with 24 beer taps, and inviting outdoor spaces that welcome furry friends. Alongside that, there are historical artifacts, adding character to the venue that may also be part of the sale.
Prime Location with Great Accessibility
Located conveniently along E. Palm Valley Boulevard with easy access to Interstate 35, this property has excellent visibility. The area is rich with attractions, including Dell Diamond and Kalahari Resorts, making it a sought-after locale for residents and tourists alike. Furthermore, the ongoing developments such as the intriguing mixed-use project known as The District enhance its attractiveness.
Thriving Community and Growth Opportunities
Round Rock is emerging as a pivotal area within the Austin–Round Rock–Georgetown metropolitan region, driven by an influx of new residents and key employers like Dell Technologies. Current economic trends are promising; for instance, reports have shown significant growth in the local job market, which increased by nearly 50% over the last decade. With a rising population marked by a 3.2% annual growth rate, the demand for hospitality and eating establishments continues to climb.
Recently, city officials have approved zoning updates to accommodate further developments. This positions the property at the forefront of future opportunities, paving the way for transformative projects in the downtown area.
Expert Insights on the Property's Value
Stephen Madura, a senior director at Hilco Global, emphasizes the strategic benefits of this property. He mentions, "With its prime location, modern facilities, and flexible floor plans, this property presents an unparalleled opportunity for operators and investors. This is an excellent chance to connect with qualified buyers and facilitate a seamless transaction that fosters long-term growth." Benjamin Zaslav, from the same team, adds that the combination of award-winning design and abundant land sets this location apart, making it a valuable asset for anyone looking to invest in the hospitality sector.
Bidders are encouraged to submit offers by the specified deadline at 5 PM CT. Interested parties can find the Asset Purchase Agreement online for further details.
Contact Information for Interested Buyers
If you are interested in purchasing this fantastic property or require additional information, please contact Michael Kneifel at (847) 201-2322 or Stephen Madura at (847) 504-2478. Further details, including due diligence documents, can be found directly through Hilco Global's dedicated sales website.
About Hilco Global
Hilco Global, a notable name in financial services under ORIX Corporation USA, specializes in helping clients harness value through capital solutions across various sectors. With a team of over 810 professionals operating worldwide, they are dedicated to providing tailored strategies that support clients in navigating complex challenges while enhancing enterprise value. To learn more about Hilco Global, visit their official website.
Frequently Asked Questions
What type of property is being offered for sale?
The property is a turnkey restaurant and event space featuring significant indoor and outdoor amenities, designed to cater to dining and entertainment needs.
When is the bid deadline for the property?
Bids must be submitted by March 11, 2026, at 5 PM CT.
What makes this location unique?
This venue is situated in a thriving area with strong population growth and accessibility to major attractions, adding to its investment appeal.
Who should I contact for more information?
For inquiries and further details, you can reach out to Michael Kneifel or Stephen Madura at the provided contact numbers.
Why is this property a good investment?
With its award-winning design, expansive space, and a growing market, this property presents an exceptional opportunity for hospitality operators and investors to expand their ventures.
