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    206 Cherry Tree Ln Marietta, OH 45750

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    For Sale
    $2,991,000

    Freestanding restaurant property with a long-term corporate guaranteed lease.

    Property size:
    7,982 SF
    Lot size:
    2.89 Acres

    Property Features for 206 Cherry Tree Ln

    General Information

    Size
    7,982 SF
    Lot size
    2.89 Acres

    Source: SRS Real Estate Partners, LLC Agent Morgan Zant

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Restaurant Property For Sale

    This freestanding property is leased to Texas Roadhouse, Inc. The tenant recently signed a new 15-year lease with 4 (5-year) options to extend. The lease features 10% rental increases every 5 years throughout the initial term and option periods. The lease is corporate guaranteed (NASDAQ: TXRH). Texas Roadhouse stock price has increased over 100% throughout the last 5 years, and the chain was ranked one of the most popular restaurant chains during the COVID-19 pandemic. The property contains 7,982 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Marietta
    County
    Washington
    State
    Ohio
    Longitude
    -81.413369
    Latitude
    39.4062853

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    FAQs

    What type of property is this?
    Restaurant - Freestanding restaurant property with a long-term corporate guaranteed lease.
    Where is this restaurant located?
    The property is located at 206 Cherry Tree Ln Marietta, OH.
    What is the asking price?
    The asking price for this property is $2,991,000.
    What are key features of this property?
    This property features: - New 15-year lease with Texas Roadhouse, Inc.; - Corporate guaranteed lease (NASDAQ: TXRH).; - 10% rental increases every 5 years provide a growing NOI and hedge against inflation.
    (502) 399-8949
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    206 Cherry Tree Ln Marietta, OH 45750
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    Marietta, OH 45750
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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
    206 Cherry Tree Ln Marietta, OH 45750
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