2856 Patriot's Ln
Naperville, IL 60563
Texas Roadhouse (Chicago MSA) · Retail Property For Sale

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Texas Roadhouse Restaurant located in Naperville, Illinois. The property is strategically located along the primary retail corridor in the area. There are three years remaining on the triple net lease which features 10% rental escalations in the three 5-year renewal option periods. Texas Roadhouse is committed to the location ad evidenced by their execution of their first renewal option period. Texas Roadhouse is a growing restaurant company operating in the casual dining segment. The company operates over 485 restaurants in 49 states and 4 foreign countries. Texas Roadhouse is a publicly traded company (NASDAQ: TXRH) with a market capitalization in excess of $4 billion. The 7,193 square foot property is located within an affluent area, less than 30 miles west of downtown Chicago. The restaurant is strategically positioned off of the signalized intersection of Route 59 and Aurora Road, two primary thoroughfares in the area. The intersection experiences traffic counts in excess of 64,600 vehicles per day. There are over 76,180 people living within a three-mile radius of the property earning an average household income of more than $116,270 per year. The property benefited by its location within a densely populated residential area and strong regional trade area that features a number of corporations and national retailers. Located along Route 59 are a number of big box retailers including Walmart Supercenter, The Home Depot, Costco, Target, Meijer and Crate & Barrel. In addition, less than one-mile from the property is Westfield Fox Valley Mall, a 1.5 million square foot enclosed mall featuring over 120 retail shops, eateries and services, including top national brands H&M, Forever 21, Express and Victoria’s Secret. Its three anchor stores are JCPenney, Macy’s and Sears. Texas Roadhouse has three years remaining on their lease, which expires June 30, 2021. The triple net corporate guaranteed lease features 10% rental escalations in each of the three 5-year renewal option periods. Texas Roadhouse is famous for its hand-cut steaks, fall-off-the-bone ribs, made-from-scratch sides, and fresh-baked bread. Texas Roadhouse restaurants average 5,000 guests a week, which is one of the highest in the industry. In 2017, Texas Roadhouse Ranks #16 on Fortune Magazine’s Best Workplaces for Millennials and named one of America’s Best Large Employers by Forbes. There are over 76,180 people living within a three-mile radius of the property earning an average household income of more than $116,270 per year. The property benefited by its location within a densely populated residential area and strong regional trade area that features a number of corporations and national retailers. Located along Route 59 are a number of big box retailers including Walmart Supercenter, The Home Depot, Costco, Target, Meijer and Crate & Barrel. In addition, less than one-mile from the property is Westfield Fox Valley Mall, a 1.5 million square foot enclosed mall featuring over 120 retail shops, eateries and services, including top national brands H&M, Forever 21, Express and Victoria’s Secret. Its three anchor stores are JCPenney, Macy’s and Sears. Texas Roadhouse has three years remaining on their lease, which expires June 30, 2021. The triple net corporate guaranteed lease features 10% rental escalations in each of the three 5-year renewal option periods. Texas Roadhouse is famous for its hand-cut steaks, fall-off-the-bone ribs, made-from-scratch sides, and fresh-baked bread. Texas Roadhouse restaurants average 5,000 guests a week, which is one of the high