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
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.
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