Listed by Matthews
$3,092,000
Texas Roadhouse
Details
Property Type Retail
Sub Type Restaurant, QSR/Fast Food
Square Footage 7,926
Cap Rate 5.4%
NOI $167,000
Tenancy Single
Brand/Tenant Dollar General, Walgreens
Lease Type Absolute NNN
Lease Expiration 11/30/2035
Remaining Term 9.5
Price per SqFt $390
Year Built 2025
Buildings 1
Stories 1
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Ground Lease Yes
Ownership Ground Lease
Brand-New Texas Roadhouse NNN Ground Lease with Corporate Guarantee in Kingsland, GA
Investment highlights
- Zero Landlord Responsibilities: Absolute NNN lease structure
- Corporate Guarantee: The lease is corporately guaranteed by Texas Roadhouse, which is a publicly traded company on the NYSE (TXRH)
- Brand-New Development: Newly constructed Texas Roadhouse built to the brand’s current prototype.
- Below Market Rents: At $21/SF, the ground lease rent sits below current market.
- Dominant Retail Corridor on U.S. Highway 40: The property fronts Boone Street (U.S. Highway 40), a primary east–west arterial with approximately 22,100+ vehicles per day, providing strong visibility and consistent traffic flow.
- Shadow-Anchored by Lowe’s Home Improvement: Positioned directly across from a high-volume Lowe’s Home Improvement, benefiting from daily needs-based traffic and strong retail draw.
- Established National Retail Synergy: Surrounded by complementary national and regional retailers including Starbucks, Tractor Supply, Southeastern Bank, automotive dealerships, and service-oriented uses that drive repeat visitation.
- Established Public Company: Texas Roadhouse, Inc. is a publicly traded restaurant company listed on the NASDAQ (NASDAQ: TXRH), providing transparency and financial discipline.
- Best-in-Class Casual Dining Credit: Texas Roadhouse is widely regarded as one of the strongest operators in the casual dining sector, supported by consistent unit level performance and a disciplined real estate strategy.
- Large and Growing National Footprint: The company operates 760+ locations nationwide and continues to expand through new store development.
- Expansion-Focused Operator: Texas Roadhouse remains an active growth brand relative to peers, reinforcing long-term lease security and commitment to its real estate.
Listing Contacts
Listed by Matthews
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$167,000.00
$13,916.67/mo
Valuation Metrics
0
DSCR
5.4%
Cap Rate
5.4%
ROI
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