Texas Roadhouse
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Tenant: Texas Roadhouse
Premises: 7358 SF
Renewal Options: 1 – 10 Year

Lease Expiration: 9/17/2025
Lease Type: Absolute NNN
Rental Increases: 10% Every 5 Yrs Next Increase: 10/1/2020

 

  • Rare Fee Simple Triple Net Lease with 9 Years Remaining
  • 10% Rent Increases Every 5 Years
  • Very Strong Rent-to-Sales Factor
  • Optimal Demographics with Over 333,775 Residents Within 5 Miles of the Subject Property
  • Excellent Visibility from Vance Street and West 55th Avenue
  • Strong Traffic Counts – Over 50,000 VPD
  • Nearby Tenants Include: Starbucks, Landmark Theatre, Lowe’s Home Improvement, Starbucks, Ruby Tuesday, Chipotle, Applebee’s, PetSmart, OfficeMax, IHOP and Home Depot
  • In Cooperation with JDS Real Estate Services, Inc. Lic # IC100049551
Tenant Overview

Texas Roadhouse, Inc. is a growing restaurant company operating in the casual dining segment. Founder, chairman and chief executive officer, W. Kent Taylor, started the business in 1993 with the opening of the first Texas Roadhouse restaurant in Clarksville, Indiana.

Today, the Company operates over 485 restaurants system-wide in 49 states and 4 foreign countries, including 392 Texas Roadhouse restaurants and seven Bubba’s 33 restaurants. In addition, we operate two restaurants outside of the casual dining segment.

Area Overview

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