Antioch, TN - Texas Roadhouse

Description:

• Texas Roadhouse, Inc. will sign a new 15-year lease at the close of escrow with 4 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every five years throughout the initial term and option periods, growing NOI and hedging against inflation
• The lease is corporately guaranteed (NASDAQ: TXRH)

• The subject property benefits from being located within a dense retail corridor anchored by strong national credit tenants, including Chick-fil-A, Whataburger, CAVA, In-N-Out Burger, Home Depot, Kroger, and more
• Less than one mile from Tanger Outlets Nashville featuring major tenants such as Pottery Barn, Polo Ralph Lauren, Victoria’s Secret, Banana Republic, Ulta Beauty, Michael Kors, Shake Shack, Crumbl, and more
• Texas Roadhouse benefits from frontage visibility along Interstate 24, which carries approximately 173,300 vehicles per day
• Strong tenant synergy promotes crossover shopping to the subject property

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Listing ID: a28TP000002AGWzYAO