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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