Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

922 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Texas Roadhouse | New 15yr Corp Abs NNN 568 S Bibb Ave 7,926 SF Retail Building Eagle Pass, TX 78852 $3,908,576 CAD ($493.13 CAD/SF) 5.36% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

Brand New 15-Year Lease | Corporate Signed | Scheduled Rental Increases
Walmart Supercenter Anchored | HEB Anchored Center |Mall De Las Aguilas (447,000 SF) | Primary Retail Corridor

Absolute NNN | Leased Fee Ownership | No 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 Eagle Pass, Texas. The tenant, Texas Roadhouse, Inc recently signed a brand new 15-year lease 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 corporate guaranteed (NASDAQ: TXRH), and is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. With over a 100% increase in stock price throughout the last 5 years, Texas Roadhouse continues to see immaculate growth, as the chain was ranked one of the most popular restaurants during the COVID-19 pandemic.

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Restaurant

Building Size

7,926 SF

Building Class

Year Built

2025

Price

$3,908,576 CAD

Price Per SF

$493.13 CAD

Cap Rate

5.36%

NOI

$209,388 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.06

Lot Size

3.05 AC

Zoning

C-2 - Commercial

Parking

153 Spaces (19.3 Spaces per 1,000 SF Leased)

Frontage

646’ on South Bibb Avenue

Restaurant

Signage

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