Log In/Sign Up
Your email has been sent.
Texas Roadhouse | New 15yr Corp Ground Lease 3017 Century Farms Pky 7,926 SF 4-Star Retail Building Antioch, TN 37013 $5,155,000 ($650.39/SF) 4.85% Cap Rate
Investment Highlights
- Brand New 15-Year Lease | Options To Extend | Scheduled Rental Increases | Corporate Guaranteed Ground Lease
- Dense Retail Corridor | High Traffic Count | Frontage Visibility | Near Tanger Outlets Nashville
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
• Texas Roadhouse, Inc. will sign a new 15-year lease at the close of escrow with 4 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every five years throughout the initial term and option periods, growing NOI and hedging against inflation
• The lease is corporately guaranteed (NASDAQ: TXRH)
• The lease features 10% rental increases every five years throughout the initial term and option periods, growing NOI and hedging against inflation
• The lease is corporately guaranteed (NASDAQ: TXRH)
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
7,926 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2026
Price
$5,155,000
Price Per SF
$650.39
Cap Rate
4.85%
NOI
$250,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.34 AC
Zoning
SP
Parking
171 Spaces (21.57 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Restaurant
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 174-00-0-291.00 | Improvements Assessment | $0 |
| Land Assessment | $1,212,720 | Total Assessment | $1,212,720 |
Property Taxes
Parcel Number
174-00-0-291.00
Land Assessment
$1,212,720
Improvements Assessment
$0
Total Assessment
$1,212,720
Contacts
-
Morgan Zant -
Sarah Shanks -
Matthew Mousavi -
Patrick Luther -
SRS National Net Lease
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Texas Roadhouse | New 15yr Corp Ground Lease | 3017 Century Farms Pky
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.