Listed by Stream Capital Partners
$3,238,095
LongHorn Steakhouse
Details
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 5,780
Cap Rate 5.25%
NOI $170,000
Tenancy Single
Brand/Tenant Longhorn Steakhouse
Lease Type Absolute NNN
Lease Term 10
Rent Bumps Yes
Lease Options 4, 5 Year
Year Built 2026
Acreage 1.780
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease Yes
New Construction Longhorn Steakhouse | Long-Term Ground Lease | Affluent Submarket | N
Investment highlights
- LONG-TERM COMMITMENT: Brand new 10 year absolute NNN ground lease with 4, 5 year options to extend.
- INVESTMENT GRADE CREDIT: Longhorn Steakhouse is owned by Darden Restaurants, which has an S&P rating of BBB.
- HIGH GROWTH NORTHERN NASHVILLE MARKET: White House Tennessee is seeing tremendous population growth north of 7% year over year.
- ZERO LANDLORD RESPONSIBILITIES: Tenant operates under an absolute NNN ground lease structure, ensuring true passive ownership for investors. All expenses—including taxes, insurance, maintenance, and repairs—are fully covered by the tenant, providing stable income throughout the lease term.
- AFFLUENT SURROUNDING DEMOGRAPHICS: Located in the growing Nashville MSA suburb of White House, Tennessee, the property is anchored by a prosperous customer base, with average household incomes exceeding $105,300 within a 3-mile radius.
- WELL POSITIONED PUBLIX OUTPARCEL: Premier outparcel position directly fronting an established Publix-anchored center along Highway 76, the property captures relentless grocery-driven consumer traffic and commanding highway visibility—anchoring the site within a proven daily-needs destination.
- NASHVILLE MSA: Located in the Nashville MSA—one of the nation’s fastest-growing metros, expanding to ~2.15 million residents and backed by a diversified $168 billion economy.
Listing Contacts
Listed by Stream Capital Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$170,000.00
$14,166.67/mo
Valuation Metrics
0
DSCR
5.25%
Cap Rate
5.25%
ROI
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