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New Texas Roadhouse | 13.5 Yrs NNN | $8MM AUV 1918 Veterans Blvd 96,268 SF Retail Building Del Rio, TX 78840 $3,457,783 CAD ($35.92 CAD/SF) 5.45% Cap Rate

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INVESTMENT HIGHLIGHTS

Corporate Signed Ground Lease | Options To Extend | Scheduled Rental Increases
Highly Rated, Growing Brand | Strong Consumer Base

Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
Strong Demographics In 5-Mile Trade Area

EXECUTIVE SUMMARY

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, Texas Roadhouse investment property located in Del Rio, Texas. The tenant, Texas Roadhouse has over 13 years of initial lease term remaining with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.