Texas Roadhouse - Net Lease Property for Sale
Indianapolis, IN
Key Investment Metrics
Price
$4,991,603
Cap Rate
6.0%
Net Operating Income
$301,992
Building Size
7092 SF
Lot Size
7,092 SF
Land Area
1.74 Acres
Remaining Term
9 years
Lease Expiration
12/31/2034
Lease Term
10 years
Lease Commencement
01/01/2025
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
2001
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years
About This Texas Roadhouse Net Lease Property
This Texas Roadhouse NNN (triple net lease) property is located in Indianapolis, IN and represents an excellent investment opportunity for commercial real estate investors. The property features 7092 square feet of building space and was built in 2001.
With a cap rate of 6.0%, this Texas Roadhouse net lease property offers stable income potential. The asking price is $4,991,603, making it an attractive option for 1031 exchange investors seeking quality Texas Roadhouse commercial properties.
Why Invest in Texas Roadhouse NNN Properties?
- Stable Income: Texas Roadhouse net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Texas Roadhouse 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.
Indianapolis, IN Market Overview
Located in Indianapolis, IN, this Texas Roadhouse property benefits from strong local demographics and market fundamentals. The Indianapolis area offers excellent visibility and accessibility, making it an ideal location for Texas Roadhouse operations and a solid investment for net lease property buyers.