Listed by Atlantic Capital Partners
$4,105,000
Texas Roadhouse | Publix Outparcel | Strong Sales
Details
Property Type Retail
Sub Type Restaurant
Square Footage 7,935
Cap Rate 4.75%
NOI $195,000
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks, Taco Bell
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 05/31/2040
Remaining Term 13.7
Rent Bumps Yes
Lease Options 3 X 5 Years
Year Built 2025
Acreage 3.030
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 03/16/2025
Ground Lease No
$11.7 Billion Market Cap | High Growth Market
Marketing description
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this new 15-Year Texas Roadhouse NNN Ground Lease in Tampa (Odessa), Florida. Texas Roadhouse, Inc. (NASDAQ: TXRH), a publicly-traded company with 750+ locations and a $11.7B market capitalization, providing investors a corporate-backed income stream in one of Florida's premier growth markets. With zero landlord obligations, this offering represents a truly passive ownership opportunity with significant long-term upside from ground lease reversion at expiration.
Investment highlights
- TROPHY PUBLIX OUTPARCEL - Rare opportunity to own a newly constructed Texas Roadhouse ground lease on 3 Acres of land in front of a high-volume Publix, Florida's dominant grocer
- EXCELLENT CREDIT PROFILE - Texas Roadhouse reported $5.9 billion in revenue in 2025, has a market cap of $11.7 billion and has posted 60 consecutive quarters of same store sales growth
- PASSIVE OWNERSHIP - Corporately guaranteed Absolute Net Ground lease provides passive ownership for out of state investor
- LONG-TERM COMMITMENT - 15-YR lease and large capital investment by Texas Roadhouse demonstrates long-term commitment to this site
- INFLATION HEDGE - 10% rental increases every 5 years provides hedge against inflation
- HIGH GROWTH MARKET - Pasco County is the 3rd fastest growing County in Florida with over 17,000 being developed in the immediate trade area
- STRATEGIC LOCATION - Strategically located at the major regional intersection of SR 54 and Gunn Highway which carry a combined 70,000 vehicles per day
- SUNSHINE STATE - Florida leads the nation in population and capital migration and Florida owners benefit from no state income tax and a business friendly political climate
Listing Contacts
Listed by Atlantic Capital Partners
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$195,000.00
$16,250.00/mo
Valuation Metrics
0
DSCR
4.75%
Cap Rate
4.75%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Is there information that looks off?
