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5710 Ranch Lake Blvd
Bradenton, FL 34202
Texas Roadhouse | 10+ Years on Abs NNN Ground · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,670 SF
Building Class
B
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
2.62 AC
Zoning
PDMU - Planned Development
Parking
151 Spaces (7.66 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
About 5710 RANCH LAKE BLVD , BRADENTON, FL 34202
SRS National Net Lease Group is pleased to present the rare opportunity to acquire Texas Roadhouse, a freestanding, corporate guaranteed, single tenant, absolute NNN ground leased investment property located in Bradenton, Florida. The tenant, Texas Roadhouse, recently exercised their option for a 5-year lease extension and currently has just under 11 years remaining on their lease with 4 (5-year) option periods. The lease features a 10% rental increase in 2018 and then in 2023 and also at the beginning of each of the option periods. The lease is absolute NNN leased with zero landlord responsibilities.
Property Taxes
| Parcel Number | 19015-1075-9 | Improvements Assessment | $1,294,614 |
| Land Assessment | $888,269 | Total Assessment | $2,182,883 |
Property Taxes
Parcel Number
19015-1075-9
Land Assessment
$888,269
Improvements Assessment
$1,294,614
Total Assessment
$2,182,883
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