Longhorn Steakhouse - Net Lease Property for Sale
Shelby, NC
Key Investment Metrics
Price
$3,393,000
Cap Rate
5.6%
Net Operating Income
$190,000
Building Size
5800 SF
Lot Size
5,800 SF
Land Area
1.46 Acres
Remaining Term
9.8 years
Lease Expiration
09/30/2035
Lease Term
10.1 years
Lease Commencement
09/08/2025
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
2025
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years and in Options
About This Longhorn Steakhouse Net Lease Property
This Longhorn Steakhouse NNN (triple net lease) property is located in Shelby, NC and represents an excellent investment opportunity for commercial real estate investors. The property features 5800 square feet of building space and was built in 2025.
With a cap rate of 5.6%, this Longhorn Steakhouse net lease property offers stable income potential. The asking price is $3,393,000, making it an attractive option for 1031 exchange investors seeking quality Longhorn Steakhouse commercial properties.
Why Invest in Longhorn Steakhouse NNN Properties?
- Stable Income: Longhorn Steakhouse net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Longhorn Steakhouse is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Shelby, NC Market Overview
Located in Shelby, NC, this Longhorn Steakhouse property benefits from strong local demographics and market fundamentals. The Shelby area offers excellent visibility and accessibility, making it an ideal location for Longhorn Steakhouse operations and a solid investment for net lease property buyers.