Hamilton, OH - 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 is out-parceled to Meijer, a high-performing anchored center that drives consistent traffic to the site
• Located less than two miles from Hamilton Meadows Shopping Center, featuring national/credit tenants such as Kroger, Harbor Freight, Pet Supplies Plus, Taco Bell, Jersey Mike’s, Papa John’s, and more
• The property is located along Main Street (21,700 VPD) with excellent frontage visibility, providing convenient access and strong daily traffic exposure
• Strong tenant synergy promotes crossover shopping to the subject property