1365 East-West Connector | Austell, GA 30106
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1365 East-West Connector
Austell, GA 30106
LongHorn Steakhouse · Retail Property For Sale
Investment Highlights
- LongHorn executed an early long-term renewal and the neighboring Olive Garden is new on a 15-yr lease
- Darden is the nation’s most dominant sit-down restaurant group and carries an investment-grade, BBB credit rating (S&P)
- LongHorn led Darden’s brands in fiscal year 2024 with same-store sales growth of 4.7% and is Darden’s 2nd largest revenue source
- LongHorn has operated here for 30 years and the ultra-low ground rent is half of the prevailing market rent for new LongHorn deals
- 735 new housing units were built in the past two years behind Heritage Hills, and Wellstar Cobb Hospital with 1M+ annual visits is a half-mile away
- LongHorn serves 190,000 people that live within 5 miles and the nearest LongHorn locations are all at least 6.5 miles away
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,410 SF
Building Class
C
Year Built
1994
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.10 AC
Zoning
PVC - Planning Village Community
Amenities
- Signage
Property Taxes
| Parcel Number | 19-0922-0-003-0 | Improvements Assessment | $173,000 |
| Land Assessment | $430,060 | Total Assessment | $603,060 |
Property Taxes
Parcel Number
19-0922-0-003-0
Land Assessment
$430,060
Improvements Assessment
$173,000
Total Assessment
$603,060
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