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29647204
29647205

1060 Valley River Way, Eugene, OR 97401

CB
GA GA 248342
CBRE - Atlanta
BP
GA 349355
CBRE - Atlanta
CBRE - Atlanta
TG
NY 10401393181
CBRE - Midtown Manhattan
Listed by CBRE - Atlanta, CBRE - Midtown Manhattan
$3,164,040
115 days on market
Updated 115 days ago

Texas Roadhouse: Eugene, OR

Details
Property Type Retail
Sub Type Restaurant
Square Footage 7,079
Cap Rate 5%
NOI $158,203
Occupancy 100%
Tenancy Single
Brand/Tenant Texas Roadhouse
Lease Type Absolute NNN
Lease Term 25.1
Lease Expiration 11/30/2038
Remaining Term 12.5
Rent Bumps Yes
Lease Options Two, 5-Year Renewal Options
Price per SqFt $447
Year Built 2013
Buildings 1
Acreage 0.440
Parking Spaces 15 spaces
Parking Per SqFt 2.12
Investment Type Net Lease
Lease Commencement 11/16/2013
Ground Lease Yes

Retail | 5.00% CAP | 7,079 SqFt

Marketing description

CBRE is pleased to offer for sale the ±12.9-year Texas Roadhouse ground lease situated on 0.44-acres in Eugene, Oregon (MSA Population: 392,601). Texas Roadhouse’s lease was recently extended in 2025 and includes 10% rent increases in 2028 and 2033. By visits, this site ranks among the top 2% of Texas Roadhouse locations nationwide and is the #1 ranked location in the state of Oregon, according to Placer.ai.

Investment highlights

  • Recently-Extended Absolute NNN Ground Lease: Texas Roadhouse’s absolute NNN ground lease was recently extended in 2025 and now features ±12.9 years of term remaining and 10% rent increases in 2028 and 2033, with two, 5-year options to renew.

  • Top Visited Location | #1 Texas Roadhouse in Oregon: By visits, this site ranks among the top 2% of Texas Roadhouse locations nationwide and is the #1 ranked location in the state of Oregon, according to Placer.ai.

  • Excellent Interstate Access: Located just 3 miles outside of downtown Eugene, the 7,079-square-foot building is positioned with excellent access off of Valley River Drive (5,262 VPD), less than a mile from the on-ramp to Delta Highway (45,200 VPD) and its interchange with I-105 (75,300 VPD), which forms a northern bypass of Eugene. Additionally, the site is roughly 3 miles west of the I-105 and I-5 junction, offering convenient interstate accessibility.

  • Outparcel to Valley River Center: Texas Roadhouse is an outparcel to the 814,000-square-foot Valley River Center—a major super-regional shopping mall that serves as one of Eugene’s primary retail destinations. With nearly 90 stores and 20 dining options, the mall is anchored by JCPenney, Macy’s, Regal Cinemas, and Round One Entertainment, and is also home to H&M, American Eagle, Foot Locker, Maurices, LOFT, GNC, and more. Over the last 12 months, the mall has welcomed over 762,000 visitors throughout 2.9 million visits (Placer.ai), generating significant traffic around the site.

  • Less Than 3 Miles to University of Oregon: The property is 2.9 miles northwest of the University of Oregon’s 295-acre campus, which enrolls 24,462 students and is a flagship public research university known for its strong academics, sustainability focus and scenic Pacific Northwest setting. Beyond its academic contributions, the University of Oregon has a significant economic impact on the state, generating an estimated $3.7 billion annually and supporting over 21,500 jobs for Oregonians.

Listing Contacts

CB
GA GA 248342
CBRE - Atlanta
BP
GA 349355
CBRE - Atlanta
CBRE - Atlanta
TG
NY 10401393181
CBRE - Midtown Manhattan
Listed by CBRE - Atlanta, CBRE - Midtown Manhattan

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Loan Amount
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Annual Cash Flow
$158,203.00
$13,183.58/mo

Valuation Metrics

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5%
Cap Rate
5%
ROI

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