Texas Roadhouse Ground Lease

Texas Roadhouse | Flint MI

Sands Investment Group is Pleased to Exclusively Offer For Sale the 7,163 SF Texas Roadhouse Ground Lease Asset Located at 4140 Miller Rd in Flint, MI. This Deal Includes an Absolute Triple Net (NNN) Ground Lease With Zero Landlord Responsibilities and Healthy Hedge Against Inflation With 10% Rent Increases Every 5 Years, Providing For a Secured Investment.

  • Absolute Triple Net (NNN) Ground Lease With Zero Landlord Responsibilities
  • Making Pro Forma Cap Rate of 6.32% Based on Rent Increase 08/10/2025
  • Low and Replaceable Rent at $13.05 – Large Oversized Lot (2.82 AC) With Excellent Redevelopment Opportunity
  • Healthy Hedge Against Inflation With 10% Rent Increases Every 5 Years
  • As of Q1 2024, Texas Roadhouse’s Restaurant Sales Increased By 8.4% at Company Restaurants
  • Texas Roadhouse, Inc. (Inclusive of Subsidiaries) Reported a Q1 2024 Total Revenue of $1.31B, Up 12.6% From 2023
  • Corporately Guaranteed By Texas Roadhouse
  • Strong Demographics: Dense Market With Over 96,000 People Within a 5- Mile Radius and Over 270,000 People Within a 10-Mile Radius
  • Located 0.5-Miles From Bishop International Airport, the Third Busiest Airport in Michigan
  • Directly Across the Street From Pirates Plaza, Which Features National Retailers DSW, Sports Authority, Five Below, ULTA and PetSmart
  • Located 4 Blocks From Genesee Valley Center Mall, Consisting of 1,272,397 SF, Providing Outstanding Daily Traffic Counts
  • Nearby Retailers Include: Chick-fil-A, Starbucks, Chipotle, Taco Bell, Red Robin, Olive Garden, Golden Corral, Outback Steakhouse, Panda Express, Hobby Lobby, Barnes & Noble, Jersey Mike’s, Five Guys, Culver’s, McAlister’s Deli, Best Buy, Famous Dave’s BBQ, Hooters, Tim Hortons and More

IN COOPERATION WITH: Sands Investment Group Michigan, LLC-Lic. #6505424119 31235 Harper Avenue, St. Clair Shores, MI 48082 Direct# 586210.6178 Broker of Record: Max Freedman MI Lic. # 6502424113

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Advance Auto Parts NN

Advance Auto Parts | Sault Sainte Marie, MI

Sands Investment Group is Pleased to Exclusively Offer For Sale the 7,000 SF Advance Auto Parts NN Asset Located at 3701 I-75 Business Spur  in  Sault Sainte Marie, MI. This Deal Includes Over 6 Years Remaining on a Corporate Guaranteed Lease and the Lease Includes a Significant 20% Rent Increase at the Beginning of the First Option Period, Enhancing Future Revenue Potential, Providing For a Secured Investment.

  • Over 6 Years Remaining on a Corporate Guaranteed Lease
  • The Lease is Backed By Advance Auto Parts, a Company With an Investment-Grade Credit Rating of BBB – From S&P and Baa2 From Moody’s, and $11.3 Billion in Annual Sales For 2023
  • Lease Includes a Significant 20% Rent Increase at the Beginning of the First Option Period, Enhancing Future Revenue Potential
  • Premier Leader in the Automotive Aftermarket Parts Industry With Over 4,700 Stores in Operation
  • Founded in 1932, Advance Auto Parts Employs Over 65,000 People Nationwide
  • Publicly Traded Entity on the New York Stock Exchange (NYSE: AAP)
  • The on-Demand Need For Parts By Local Shops and DIY Mechanics Combined With the High Shipping Costs For Batteries and Other Parts Make the Retail Automotive Parts Sector an E-Commerce Proof and Recession Proof Essential Business
  • Surrounded By Major National Retailers, Including Hobby Lobby, Walmart, Tractor Supply Co, Buffalo Wild Wings, Wendy’s, Arby’s and Burger King, Driving Consistent Traffic to the Area

IN COOPERATION WITH: Sands Investment Group Michigan, LLC-Lic. # 6505424119 31235 Harper Avenue, St. Clair Shores, MI 48082 Direct# 586.210.6178 Broker of Record: Max Freedman Mi Lic. #6502424113

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Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities