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Texas Roadhouse | Corp Abs NNN w/ Incrs 3755 Union Rd 7,420 SF Retail Building Cheektowaga, NY 14225 $3,970,000 ($535.04/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Top Performing Location | Corporate Guaranty | Options to Extend
- Outparcel to The Union Consumer Square (3.9M+ Visits) | Dense I-90 (124,100 VPD) Retail Corridor
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
EXECUTIVE SUMMARY
• The site has consistently demonstrated strong sales performance and sustained year over year growth, providing stability and long term value
• Tenant has 2 years remaining on its lease with 3 (5-Year) options to extend
• The lease features 8% rental increases at the beginning of each option
PROPERTY FACTS
AMENITIES
- Restaurant
- Signage
- Signalized Intersection
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
It all began on February 17, 1993, when Kent Taylor opened the first Texas Roadhouse in Clarksville, Indiana. Kent's goal was to own not just a family restaurant and not just a steak restaurant, but a place where everyone, of all ages, could come and have a great meal and great fun for a great price. They like to brag about their Hand-Cut Steaks, Fall-Off-The-Bone Ribs, Made-From-Scratch Sides, and Fresh-Baked Bread. Everything they do goes into making their hearty meals stand out. They handcraft almost everything they serve. And if a customer wants an Ice Cold Beer or Legendary Margarita to wash it all down — well, they have those, too. Their food's not the only thing that’s Legendary at the Roadhouse — their fun is too! From their line dancers to their jukebox to their friendly servers, customers can enjoy every second they spend in a Texas Roadhouse
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 143089-102-020-0002-001-111 | Improvements Assessment | $665,000 |
| Land Assessment | $405,000 | Total Assessment | $1,070,000 |
PROPERTY TAXES
CONTACTS
-
Parker Walter -
Patrick Luther -
Morgan Zant -
Sarah Shanks -
SRS National Net Lease
Presented by
Texas Roadhouse | Corp Abs NNN w/ Incrs | 3755 Union Rd
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