Ground-Leased
New
For Sale
$1,750,000
100 Mall Drive, Steubenville, OH 43952
The corporately guaranteed lease provides scheduled increases and two additional renewal periods.
Property Size6,180 SF
Price / SF$283.17
Days on Market2
Property Features for 100 Mall Drive
General Information
Standard status
Active
Size
6,180 SF
Property subtype
Restaurant
Additional Details
Cap Rate
5.45%
Tenant in Place
Yes
Amenities
Over Six Years Remaining on Ground Lease | Multiple Options Taken
Corporately Guaranteed by Texas Roadhouse Holdings, LLC | Built-to-Suit for Texas Roadhouse in 2013
Outlot to Walmart Supercenter (2.5 Million Annual Visitors) and JCPenney
Across the street from Tri-State Plaza | 1.6 Million Annual Visitors (Placer.ai)
1.5 Miles from Trinity Medical Center West | 265-Beds
Stuebenville is Home to Two Universities: Franciscan University of Steubenville and Youngstown State University - Steubenville
23,977 Residents and 30,698 Daytime Population within a Three-Mile Radius
Building Details
Building Size
6,180 SF
Year Built
2013
Listing Agency:
Chicago Oak Brook Office
Listed By:
Ben Shapiro · License #License(s): IL: 475.204677
(630) 570-2283
Source:
Marcusmillichap
Added: Oct 28
Last Checked: Oct 28 at 4:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chicago Oak Brook Office
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Investment Insights
Based on property information with market context.
Built in 2013 for Texas Roadhouse, the 6,180-square-foot restaurant is subject to a ground lease with more than six years remaining. The lease is guaranteed by Texas Roadhouse Holdings, LLC and includes 5% increases every five years, plus two five-year renewal options. Multiple options have already been exercised.
The property is an outparcel to Walmart Supercenter and JCPenney and sits across from Tri-State Plaza. Mall Drive provides the immediate setting, with access to John Scott Highway. Trinity Medical Center West, Franciscan University of Steubenville, and Catholic Central High School are nearby. Within three miles, the trade area has more than 23,000 residents and 30,000 daytime population; average household income exceeds $85,000 within one mile.
The property is an outparcel to Walmart Supercenter and JCPenney and sits across from Tri-State Plaza. Mall Drive provides the immediate setting, with access to John Scott Highway. Trinity Medical Center West, Franciscan University of Steubenville, and Catholic Central High School are nearby. Within three miles, the trade area has more than 23,000 residents and 30,000 daytime population; average household income exceeds $85,000 within one mile.
Key Highlights
- 6,180‑square‑foot restaurant built in 2013 for Texas Roadhouse
- Ground lease has more than six years remaining
- 5% rental increases every five years
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
312
Businesses Nearby
269k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 32%
Shops & Services 19%
Home Improvements & Furnishings 15%
Apparel 14%
Walmart
Superstores
85,367 visits/mo
0.3 miles
Rural King
Home Improvements & Furnishings
32,775 visits/mo
0.2 miles
Texas Roadhouse
Dining
24,015 visits/mo
0.3 miles
JCPenney
Apparel
19,047 visits/mo
0.1 miles
Dollar Tree
Shops & Services
17,372 visits/mo
0.3 miles
Demographics for 43952, OH
17,977
Population
8,613
Households
2.1
Avg Household Size
38
Median Age
25%
College-Educated
91%
High-School Grad
25.7 sq mi
ZIP Area
699
Density / Sq Mi
$46,591
Median Household Income
$27,002
Median Earnings
$751
Median Rent
$122,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The corporately guaranteed lease provides scheduled increases and two additional renewal periods.
Where is this conventional restaurant located?
The property is located at 100 Mall Drive Steubenville, OH.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 6,180‑square‑foot restaurant built in 2013 for Texas Roadhouse; Ground lease has more than six years remaining; 5% rental increases every five years
