FOR SALE
Property Description
- Absolute NNN: +13 years remaining on a 15-year ground lease with 3, 5-year options and 10% increase every 5 years.
- Strong National Tenant: NASDAQ: TXRH:Texas Roadhouse is one of the top casual dining chains in the United States with a revenue of $4.01B. A 15.91% increase from 2021.
- Desirable Location: Located in the major retail corridor of Lufkin, this is the only Texas Roadhouse for over 100 miles in any direction.
- Surrounding Destination Retailers: Home Depot, Target, Lowes, and Lufkin Mall which attracted over 2.5 million visitors in the last 12 months.
- No Income Tax: Texas has no state income tax.
31,283
3 MILE RADIUS
POPULATION
$65,384
3 MILE RADIUS
AVERAGE HH INCOME
