Restaurant For Sale • 5,106 SF
| Corporate Absolute NNN Lease: Texas Roadhouse, Inc. (NYSE: TXRH, Market Cap $12 Billion) is the tenant and is responsible for all maintenance |
| Tenant Commitment to Location: Texas Roadhouse exercised its first 5-year renewal option in August 2020 (during the height of COVID-19) |
| Intrinsic Value – Below Replacement Cost: Priced below replacement cost, the offering costs less than purchasing land and construction |
| Large-Sized Parcel: ±2.49 acres (per LandVision and CoStar), significantly larger than most comparable free-standing net-leased restaurant properties |
| Excellent Retail Synergy: Outparcel to a Home Depot-anchored center at a signalized intersection entrance. |
| Strong Demographics & Traffic Counts: More than 90,000 people within a 10-mile radius with average household income exceeding $98,000/year. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| General Mitchell International | 57 min | - | 41.7 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 24 |
| Type: | Surface |
| Included in Rent: | Yes |