Texas Roadhouse (Ground Lease)

Texas Roadhouse (Ground Lease)

Northlake, TX

Northlake, TX

Texas Roadhouse (Ground Lease)

Marcus & Millichap is pleased to present the opportunity to acquire a ground lease Texas Roadhouse in Northlake, TX. The property consists of a 7,802-square-foot, freestanding building that sits on approximately 2.36 acres of land. There are 10.3 years remaining on the lease with 10% rental increases every 5 years.

Building Size 7,802 sqft
Lot Size 2.36 acres
Year Built 2020
Offering Memorandum

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • Ground Lease with 10.3 Years Remaining – 10 Percent Rent Increases Every Five Years
  • Near the Signalized Hard Corner of Interstate 35 and Highway 114; Combined Traffic Counts Exceed 112,064 Vehicles per Day
  • Across from the Texas Motor Speedway, One of the Largest Sports Facilities in the U.S.
  • More Than 142,232 Residents and an Average Household Income of $151,830 Within a Five-Mile Radius

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
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