3720 Patrick Way | Elizabeth City, NC 27909
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3720 Patrick Way
Elizabeth City, NC 27909
Texas Road House | Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 2024 brand new construction | 14.5-year lease term remaining
- Corporate lease | Texas Roadhouse Holdings, LLC | 772 locations across 49 states & 10 foreign countries | NASDAQ: TXRH
- Close proximity to Tanglewood Pavilions, Shoppes at Tanglewood, and a Walmart Supercenter 402,428 SF of combined retail space
- Absolute net ground lease | No landlord responsibilities
- Outstanding average store sales | 2023 AUV $7.6M
- Explosive population growth within a 1-mile radius | 43.62% from ’10-‘24
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
7,926 SF
Building Class
C
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
2.49 AC
Zoning
C-1 - Commercial
Parking
180 Spaces (22.71 Spaces per 1,000 SF Leased)
Frontage
272’ on Patrick Way
PROPERTY TAXES
| Parcel Number | 7993867609 | Improvements Assessment | $0 |
| Land Assessment | $195,100 | Total Assessment | $195,100 |
PROPERTY TAXES
Parcel Number
7993867609
Land Assessment
$195,100
Improvements Assessment
$0
Total Assessment
$195,100
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