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TEXAS ROADHOUSE GROUND LEASE | NEW 15-YEAR EXTENSION

$2,662,000 |

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Features

  • Corporately Guaranteed, Ground Lease | 15-Year Lease Extension to Commence in November 2023
  • Long Operating History | Built-to-Suit for Texas Roadhouse in 2009
  • National Tenant | Texas Roadhouse
  • Systemwide Sales Returned to and then Surpassed Pre-COVID Levels in FY21, Benefiting from the Strengthening of Customer Traffic Back to Reopened Dining Rooms and the Easing of Capacity Restrictions
  • Shadow-Anchored by Successful White Oaks Mall
  • Ideally Situated at the Intersection of Veterans Parkway and Iles Avenue | 43,000 Total Vehicles Passing per Day
  • Abundance of Major Retailers in the Area
  • Attractive Demographics | Affluent Area with High Population
  • 101,696 People Live Within a Five-Mile Radius with an Average Household Income of $130,426 Within a One-Mile Radius

Contact

AUSTIN WEISENBECK
Senior Vice President Investments
Tel: (630) 570-2169
Austin.Weisenbeck@marcusmillichap.com

* Broker of Record: Steven Weinstock

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