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Hiram, GA - Texas Roadhouse

$3,600,000

225 Bill Carruth Parkway, Hiram, GA 30141

Active
Last Updated: 10/14/2025

5.15

Cap Rate

185,000

NOI

Details:
Cap Rate:    5.15%
NOI:    $185,000
Building Size:    8,860 sqft
Lot Area:    2.62 acres
Occupancy:    100%
Year Built:    2025
Zoning:    B-2: Highway Business
Description:

• Texas Roadhouse, Inc. will sign a brand new 15-year lease at the close of escrow with 4 (5-year) options to extend, demonstrating their long-term commitment to the site
• The lease features 10% rental increases every five years throughout the initial term and option periods, growing NOI and providing a hedge against inflation
• The lease is guaranteed by Texas Roadhouse, Inc. (NASDAQ: TXRH), a growing restaurant company operating predominantly in the casual dining segment with over 790 restaurants system-wide

- The asset is ideally located near the signalized, hard corner intersection of Bill Carruth Parkway and U.S. Highway 278 which supports more than 59,000 vehicles per day
- Directly adjacent to Wellstar Paulding Medical Center, a 112-bed regional hospital, and Manor Lake, an 86-unit / 95-bed assisted living and memory
- The site is within close proximity to multiple national/credit tenants including Walmart Supercenter, Target, Costco, Samâ€s Club, Home Depot, and More

Map:
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