Texas Roadhouse | 15yr Corp Abs NNN Ground 2920 Oakland Ave

SRS Real Estate Partners-Northeast, LLC is pleased to offer the rare opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, corporate guaranteed, newly built, Texas Roadhouse investment property located in Indiana, PA. The tenant, Texas Roadhouse, Inc., will sign a brand new 15-year lease with 4 (5-year) options at the close of escrow, demonstrating their long-term commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and option periods, growing NOI and hedging against inflation. The lease is corporate guaranteed (NASDAQ: TXRH), and is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. With over a 100% increase in stock price throughout the last 5 years, Texas Roadhouse continues to see immaculate growth, as the chain was ranked one of the most popular restaurants during the COVID-19 pandemic. The building, which will open on November 11th, 2024, will feature a state-of-the-art design using high quality materials.