1707 22nd Ave SW
Minot, ND 58701
LongHorn Steakhouse · Retail Property For Sale

The LongHorn Steakhouse property is strategically located in a dominant retail corridor. The property is well located along a primary north-south thoroughfare (23,810 VPD) where it has excellent visibility and easy access. Additionally, the property is immediately positioned off of US Highway 2. Retailers in the immediate area include Walmart Supercenter, Home Depot, CVS, Kohl’s, Hobby Lobby, Best Buy and the Dakota Square Mall. The Dakota Square Mall is the largest mall within a 110-mile radius and is anchored by Target, AMC, JCPenney and Splash Down Dakota Water Park (24,000 SF water park). There are 53,979 people living within five miles of the property and have an average household income of $85,367. LongHorn Steakhouse is known for a “Passion for Grilling” fresh, tender, juicy steaks and offers guests the widest variety of cuts and numerous preparations, including its signature bone-in Outlaw Ribeye, all served in a relaxed, warm atmosphere inspired by a rancher’s home. LongHorn Steakhouse has more than 500 restaurants across 40 states. The tenant is RARE Hospitality Management, Inc., a wholly owned subsidiary of Darden Restaurants, Inc., doing business as LongHorn Steakhouse. Darden Restaurants, Inc. is publicly traded (NYSE: DRI) and is and investment grade rated company (Standard & Poor’s: BBB) with a $14.3 billion enterprise value*. *As of October 2018