Texas Roadhouse Ground Lease
$6,721,200
6101 Slide Rd, Lubbock, TX 79414
336,060
NOI
10,916 sqft
Building Size
Details:
Highlights:
- Gross Income: $ 0.0
Description:
Texas Roadhouse enjoys a prime location just off the main intersection of Slide Road and S. Loop 289, the busiest intersection in Lubbock. This attractive site is adjacent to the South Plains Mall and surrounded by national retailers, ensuring a steady flow of customers.
Original 20 Year Ground Lease (18.5 Years remaining)
Four (4) Five year options to extend
10% Bump in Base Rent every 5 years
One of their top performing locations
Coldwell Banker Commercial, Capital Advisors, the exclusive broker, presents an outstanding opportunity to acquire the Texas Roadhouse located at 6105 Slide Road, Lubbock, TX 79414. This property is secured by a 20-Year Ground Lease, with 18.8 Years remaining.
Texas Roadhouse enjoys a prime location just off the main intersection of Slide Road and S. Loop 289, the busiest intersection in Lubbock. This attractive site is adjacent to the South Plains Mall and surrounded by national retailers, ensuring a steady flow of customers.
Backed by the renowned Texas Roadhouse Inc., this location has consistently climbed the ranks, currently standing as a Top 2 performer within the organization. Remarkably, it also ranks in the Top 1% of the entire chain for store sales, a testament to its exceptional performance.
This opportunity presents a robust prospect for investors seeking to acquire a well-established single-tenant, absolute ground lease in one of the most resilient economic markets in Texas. With its prime location, top-performing status, and strong backing, this investment offers a compelling opportunity for long-term growth and stability.
Listing ID: 4197fffd-063c-4a69-bd47-05f36ef5ea01
Documents:
| Title | ||
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| TXRH OM 1.pdf |
Location
Gallery