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Texas Roadhouse Absolute NNN Lease

541 N Winstead Ave, Rocky Mount, NC 27804

For Sale
Contact for pricing

The tenant covers property taxes, insurance, and upkeep under an absolute NNN ground lease.

Property SizeContact for details
Lot Size3.60 Acres
Days on Market12

Property Features for 541 N Winstead Ave

General Information

Standard status Active
Lot size 3.60 Acres
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Tenant in Place Yes

Building Details

Tenancy Single
Listing Agency: Cushman & Wakefield - Sacramento, California
Listed By: Michael Yuras · License #CA 01823291
Source: Crexi
Added: Oct 29 Changed: Nov 8 Last Checked: Nov 8 at 5:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - Sacramento, California

Rey
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Investment Insights

Based on property information with market context.

A Texas Roadhouse restaurant is being developed on a 3.60-acre parcel under a 15-year absolute NNN ground lease. The 2026 construction follows the chain’s latest prototype. The tenant is responsible for taxes, insurance, and maintenance, including the roof, building structure, and parking lot.

The site at 541 N Winstead Ave in Rocky Mount, North Carolina, sits directly opposite Nash General Hospital and near the junction of N Winstead Ave and US Highway 64. Rocky Mount is identified as part of the Raleigh MSA.

Key Highlights

  • 15‑year absolute NNN ground lease with Texas Roadhouse
  • Tenant handles taxes, insurance, and maintenance, including roof, structure, and parking lot
  • Restaurant construction dated 2026, based on the chain’s latest prototype

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Kitchen & Bath Showroom Storage Facility Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,068
Businesses Nearby
110k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 44% Hotels & Casinos 32% Shops & Services 24%
Speedway Shops & Services
26,503 visits/mo 0.5 miles
Cracker Barrel Old Country Store Dining
22,762 visits/mo 0.3 miles
Outback Steakhouse Dining
20,760 visits/mo 0.2 miles
DoubleTree by Hilton Hotel Rocky Mount Hotels & Casinos
19,458 visits/mo 0.1 miles
Homewood Suites by Hilton Rocky mount Hotels & Casinos
5,621 visits/mo 0.1 miles

Demographics for 27804, NC

28,707
Population
14,352
Households
2
Avg Household Size
42
Median Age
27%
College-Educated
89%
High-School Grad
43.0 sq mi
ZIP Area
668
Density / Sq Mi
$58,837
Median Household Income
$36,445
Median Earnings
$977
Median Rent
$177,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
NNN property - The tenant covers property taxes, insurance, and upkeep under an absolute NNN ground lease.
Where is this nnn property located?
The property is located at 541 N Winstead Ave Rocky Mount, NC.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 15‑year absolute NNN ground lease with Texas Roadhouse; Tenant handles taxes, insurance, and maintenance, including roof, structure, and parking lot; Restaurant construction dated 2026, based on the chain’s latest prototype
(415) 481-0788 Call to check price and availability
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