Langue et région
Devise

E-mail*

Veuillez saisir une adresse courriel valide.

Pour envoyer cette propriété à plusieurs personnes, insérez un point-virgule entre l’adresse courriel de chaque destinataire.

Message

908 caractères restants

Hmm, il semble y avoir eu une erreur lors de l’envoi de votre message. Veuillez réessayer.

Votre courriel a été envoyé.

LongHorn Steakhouse | 10+yrs Remain Abs NNN 110 Bluebird Ln 5 627 pi² Commerce de détail Immeuble Millville, NJ 08332 5 429 911 $ CAD (964,97 $ CAD/pi²) 5,25% Taux de capitalisation

.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}

Certaines informations ont été traduites automatiquement.

FAITS SAILLANTS DE L'INVESTISSEMENT

Rare Fee Simple Absolute NNN Lease with 1% Annual Rent increases | 10+ Years Remaining with 4 (5-year) renewal options
Corporate guaranty from Darden Restaurants, Inc. (NYSE: DRI), one of the largest restaurant operators in the U.S. with 2,100+ locations nationwide
Outparcel to a Lowe’s-anchored shopping center with national co-tenants including Planet Fitness, Chili’s, and AutoZone

Strong sales with consistent YOY sales growth (contact agent for details)
Prominent frontage along State Hwy 47 (31,500 VPD), just off its intersection with Veterans Memorial Highway (24,800 VPD)
Directly adjacent to Cumberland Crossing Shopping Center, which draws 2.9M annual visits and is anchored by Walmart alongside Hobby Lobby, Dollar Tree

RÉSUMÉ DE L'ANNONCE

SRS Real Estate Partners-Northeast, LLC is pleased to present the opportunity to acquire the fee simple interest in an absolute NNN-leased Longhorn Steakhouse located in Millville, New Jersey. There are over 10 years of primary term remaining with four (4) additional five-year renewal options, promoting stable long-term income. The lease includes 1% annual rental increases throughout the initial term and option periods, delivering steady NOI growth and a built-in hedge against inflation. The location reports strong sales with consistent YOY sales growth (contact agent for details). The lease is guaranteed by Darden Restaurants, Inc. (NYSE: DRI), one of the largest restaurant operators in the U.S. with over 2,100 locations nationwide and an investment-grade credit rating (S&P: BBB).

Millville NJ - Longhorn Steakhouse

FAITS SUR LA PROPRIÉTÉ

Type de vente

Investissement pour loyer hypernet

Type de propriété

Commerce de détail

Sous-type de propriété

Restaurant

Taille du bâtiment

5 627 pi²

Classe d’immeuble

Année de construction

2006

Prix

5 429 911 $ CAD

Prix par pi²

964,97 $ CAD

Taux de capitalisation

5,25%

Revenu net d’exploitation

285 046 $ CAD

Location

Unique

Hauteur du bâtiment

1 étage

Coefficient d’occupation des sols de l’immeuble

0,07

Taille du lot

1,97 AC

Zonage

RC - Échangeur à usage mixte

Stationnement

123 places (21,86 places par 1 000 pi² loué)

Façade

300’ sur Bluebird Ln

Lot de coin
Restaurant

Affichage
Intersection avec signalisation

Affichage sur monument

Climatisation

Hébergement et services alimentaires
99,999 SF
$9.99
Lorem Ipsum
Jan 0000

Born of fire, tested by ice, confirmed by legions of loyal guests each day, LongHorn Steakhouse® has grown to become the undisputed home for great steak done right. Founded in 1981 in Atlanta, Georgia, the restaurant began with one man's passion for perfect steak but had very few guests to convince. Then a freak snowstorm hit Atlanta in 1982, stranding motorists and drawing them to one of the only hospitable places available - a restaurant then called LongHorn Steaks Restaurant & Saloon. Tales of expertly grilled steaks soon spread like wildfire, and the legend of LongHorn was born. By 1990, the restaurant had spread throughout the East, Midwest and Southwest United States and Puerto Rico. In 2007, the restaurant, now called LongHorn Steakhouse, was purchased by Darden Restaurants, Inc.