2920 Oakland Ave Indiana, PA 15701
Newly built, corporate guaranteed Texas Roadhouse investment property for sale.
Property size:
7,926 SFLot size:
15.84 AcresProperty Features for 2920 Oakland Ave
General Information
- Size
- 7,926 SF
- Lot size
- 15.84 Acres
Source:
Moodyscre
Listing Agent: Andrew Fallon
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
New Texas Roadhouse Investment Property
This is an 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. The lease is corporate guaranteed (NASDAQ: TXRH), and is absolute NNN with zero landlord responsibilities. The building, which will open on November 11th, 2024, will feature a state-of-the-art design using high quality materials. The property is 7926 square feet.
Location Intelligence
Current Use by Public Records
Restaurants
Location Insight
- Map
- Local Demand
- City
- Indiana
- County
- Indiana
- State
- Pennsylvania
- Longitude
- -79.189284
- Latitude
- 40.602204
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - Newly built, corporate guaranteed Texas Roadhouse investment property for sale.
Where is this restaurant located?
The property is located at 2920 Oakland Ave Indiana, PA.
What is the asking price?
The asking price for this property is $2,727,273.
What are key features of this property?
This property features: - Absolute NNN lease offers a management-free, passive investment.; - Corporate guarantee from Texas Roadhouse, Inc. (NASDAQ: TXRH).; - Brand new 15-year lease term with 4 (5-year) options.