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LongHorn Steakhouse (Ground Lease) 7306 NE Zac Lentz Pky 5,775 SF Retail Building Victoria, TX 77904 $4,201,719 CAD ($727.57 CAD/SF) 5.15% Cap Rate

Restaurants Texas Victoria 7306 NE Zac Lentz Pky, Victoria, TX 77904

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INVESTMENT HIGHLIGHTS

  • Corporate Lease | Investment Grade Tenant (S&P:BBB) | $11.4B in Total Sales
  • Ground Lease | 1.38 AC | Absolute NNN | 10%+ Rent Increases
  • Only LongHorn Steakhouse Within 100 Miles
  • Brand New Construction | 10-Year Lease | 9 Years Remaining Term
  • Outparcel to Victoria Mall | 4.4+ Million Annual Visits1 | Bustling Retail Corridor
  • Visible From Zac Lentz Parkway (± 33,186 VPD)

ATTACHMENTS

View More Details & OM

PROPERTY FACTS In Escrow

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,775 SF
Building Class
B
Year Built
2024
Price
$4,201,719 CAD
Price Per SF
$727.57 CAD
Cap Rate
5.15%
NOI
$216,368 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.38 AC
Parking
21 Spaces (3.64 Spaces per 1,000 SF Leased)
Frontage
181’ on Northeast Zac Lentz Parkw

AMENITIES

  • Signage
  • Air Conditioning
1 1

NEARBY MAJOR RETAILERS

IHOP
LongHorn Steakhouse
Denny's
Casa Ole
Buffalo Wild Wings
Frost Bank
Starbucks
Wells Fargo Home Mortgage
Mcalister's Deli
Taco Bueno
(918) 794-9538

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 32158833

  • Date on Market: 2024-06-17

  • Last Updated:

  • Address: 7306 NE Zac Lentz Pky, Victoria, TX 77904

The Retail Property at 7306 NE Zac Lentz Pky, Victoria, TX 77904 is currently available for Sale. Contact Northmarq for more information.

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7306 NE Zac Lentz Pky, Victoria, TX for sale Building Photo- Image 2 of 4
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LongHorn Steakhouse (Ground Lease) | 7306 NE Zac Lentz Pky
(918) 794-9538 x

LongHorn Steakhouse (Ground Lease) | 7306 NE Zac Lentz Pky

Anne Perrault
(918) 794-9538

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