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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

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.
More about this property
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