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7306 NE Zac Lentz Pky
Victoria, TX 77904
LongHorn Steakhouse (Ground Lease) · Retail Property For Sale


Investment Highlights
- Corporate Lease | Investment Grade Tenant (S&P:BBB)
- Ground Lease | 1.38 AC | Absolute NNN | 10%+ Rent Increases
- Only LongHorn Steakhouse Within 100 Miles
- New Construction | 10-Year Lease | 8+ Years Remaining Term
- Outparcel to Victoria Mall | 4.4+ Million Annual Visits
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,775 SF
Building Class
B
Year Built
2024
Price
$4,036,899 CAD
Price Per SF
$699.03 CAD
Cap Rate
5.25%
NOI
$211,893 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 of 4
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