Sold Subscription Required
| Price $3,238,000 | Built/Renov 2024 | Tenant Texas Roadhouse (GL) |
| Cap Rate 5.25% | Lease Type
Abs NNN | Guarantor Corp Traded |
| Size/SF
7,998
| Lease Start
02-27-2024
| #Units
697
|
| Price/SF $404.85 | Expiration
02-28-2039
| Tenant Type Casual Dining |
| NOI $170,000 | R. Term 13.9 | Ownership Ground Lease |
| Rent/SF
$21.26
| Increases 10.0%/6/yrs | Pop 5Mi 69,406 |
| Lot/AC 2.57 | Options 3/5yrs/10% | AHHI 5Mi $79,774 |
| | |
Texas Roadhouse is located directly off of I-85 with approximately 50,000 vehicles passing by daily. It benefits from a dedicated turn lane into Capps Drive from Gateway Drive, and is across the street from an AMC movie theater, Holiday Inn Express & Suites, and Home2 Suites. The property is less than a mile from Tiger Town Outdoor Shopping Center and less than 6 miles from Auburn University...
...New construction
Near major nationals
Highway location
Business growth area
New development zone
Brand new lease
Long 15+ yr lease
Absolute NNN
Corporate Guarantee
Publicly traded company
Texas Roadhouse is an American steakhouse that began in 1993 in Clarksville, IN. The chain specializes in Texas and Southwestern style cuisines, and is known by its “Legendary Food, Legendary...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 0 | 303 | 1,986 |
| 2023 Total Population : | 0 | 308 | 2,021 |
| 2023 Employed Civilian Pop : | 0 | 150 | 928 |
| 2023 Total Businesses : | 0 | 9 | 24 |
| 2023 Average Household Income : | $ 0 | $ 65,613 | $ 65,303 |
| 2023 Total Consumer Spending : | $ 0 M | $ 8 M | $ 46 M |
| 2023 Median Age : | 0 | 45 | 43 |
| 2023 Total Households : | 0 | 141 | 811 |
| 2023 Pop Age 25+: Bachelor's Degree : | 0 | 11 | 82 |
| 2023 Average Home Value : | $ 0 | $ 186,042 | $ 169,242 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Huguley Road | 2021 | 130 | 0.98 mi | |
| Haddock Road | 2021 | 152 | 1.41 mi | |
| US 80 | Gullatt Rd | 2021 | 3,410 | 2.21 mi |
| United States Highway 80 | Gullatt Rd | 2020 | 3,410 | 2.21 mi |
| US 80 | Gullatt Rd | 2021 | 3,055 | 2.59 mi |
| Marvyn Parkway | County Rd37 | 2021 | 1,181 | 2.76 mi |
| Marvyn Parkway | Lee Rd163 | 2018 | 1,400 | 2.76 mi |
Valley Village, CA
Cap Rate 5.35%
Lease NN+
R. Term 8.40 yrs
Size/SF 6,490
Sandy, UT
Cap Rate 5.35%
Lease Abs NNN
R. Term 7.30 yrs
Size/SF 8,067
Beaumont, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 12.40 yrs
Size/SF 6,167
Kyle, TX
Cap Rate 4.75%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 7,926
Atlanta, GA
Cap Rate 5.25%
Lease Double NN
R. Term 9.40 yrs
Size/SF 3,850
Louisville, KY
Cap Rate 5.00%
Lease NN+
R. Term 15.10 yrs
Size/SF 7,575
Abilene, TX
Cap Rate 6.25%
Lease Abs NNN
R. Term 11.10 yrs
Size/SF 6,172
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
