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    2920 Oakland Ave Indiana, PA 15701

    For Sale
    $2,727,273

    Newly built, corporate guaranteed Texas Roadhouse investment property for sale.

    Property size:
    7,926 SF
    Lot size:
    15.84 Acres

    Property Features for 2920 Oakland Ave

    General Information

    Size
    7,926 SF
    Lot size
    15.84 Acres

    Source: SRS Real Estate Partners | McLean 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

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indiana
    County
    Indiana
    State
    Pennsylvania
    Longitude
    -79.189284
    Latitude
    40.602204

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    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.
    (202) 286-1542
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2920 Oakland Ave Indiana, PA 15701
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