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    4140 Miller Rd Flint, MI 48507

    For Sale
    $1,713,000

    NNN leased Texas Roadhouse with over 10 years remaining.

    Property size:
    7,163 SF
    Lot size:
    2.48 Acres

    Property Features for 4140 Miller Rd

    General Information

    Size
    7,163 SF
    Lot size
    2.48 Acres

    Source: SRS Real Estate Partners | Detroit Agent Michael Carter

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

    Overview

    Texas Roadhouse Investment Opportunity

    This is an opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased Texas Roadhouse investment property located in Flint, Michigan. The tenant, Texas Roadhouse, recently exercised a 5-year option early, making the current lease term over 10 years remaining with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period. The lease is absolute NNN with zero landlord responsibilities. Texas Roadhouse operates over 740 restaurants system-wide in 49 states. The property contains 7,163 square feet of space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Texas Roadhouse Steak House

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Building Supply Auto Repair Shop Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Flint
    County
    Genesee
    State
    Michigan
    Longitude
    -83.7567581
    Latitude
    42.9826223

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    FAQs

    What type of property is this?
    Conventional restaurant - NNN leased Texas Roadhouse with over 10 years remaining.
    Where is this conventional restaurant located?
    The property is located at 4140 Miller Rd Flint, MI.
    What is the asking price?
    The asking price for this property is $1,713,000.
    What are key features of this property?
    This property features: - Absolute NNN lease offering a management-free, passive investment.; - Over 10 years remaining on the current lease term, plus 3 (5-year) options to extend.; - Texas Roadhouse recently exercised a 5-year option early.
    (586) 549-4260
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    4140 Miller Rd Flint, MI 48507
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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
    4140 Miller Rd Flint, MI 48507
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