18995 Lyndon B. Johnson Fwy | Mesquite, TX 75150
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18995 Lyndon B. Johnson Fwy
Mesquite, TX 75150
LongHorn Steakhouse · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 10-year absolute NNN ground lease to Longhorn Steakhouse, one of the largest steakhouse chains in the U.S.
- Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
- LongHorn Steakhouse owner Darden Restaurants is planning to open 40-45 new Olive Garden and LongHorn Steakhouse locations in the next year.
- 10% rental increases every five (5) years in initial term and option periods, ensuring consistent income growth.
- LongHorn Steakhouse’s sales reached $3.03 billion in 2024, a 7.8% increase compared to the previous year.
- New 5,780 SF restaurant built in 2025, tailored to LongHorn Steakhouse’s specific operational needs
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,780 SF
Building Class
B
Year Built/Renovated
2001/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.35 AC
Zoning
CB - Central Business
Parking
90 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
132’ on Lyndon B Johnson Fwy
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
PROPERTY TAXES
| Parcel Number | 381241000A3R10000 | Improvements Assessment | $2,397,510 |
| Land Assessment | $878,430 | Total Assessment | $3,275,940 |
PROPERTY TAXES
Parcel Number
381241000A3R10000
Land Assessment
$878,430
Improvements Assessment
$2,397,510
Total Assessment
$3,275,940
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