Property summary
This exceptional investment opportunity presents the chance to acquire the leased fee interest (land ownership) in a brand-new, 7,831 square foot Texas Roadhouse restaurant in Crestview, Florida. The property boasts a 15-year absolute NNN lease with four 5-year options, providing long-term stability and predictable income. The lease includes 10% rental increases every five years, effectively hedging against inflation. This corporate-guaranteed lease (NASDAQ: TXRH) offers a management-free… investment with zero landlord responsibilities. Located on 2.37 acres with 166 parking spaces, the restaurant benefits from a prime location along Rasberry Road, offering excellent visibility and convenient access to major routes, including Interstate 10 and S. Ferdon Boulevard. The property sits within a thriving retail corridor, directly across from three major shopping centers and surrounded by national retailers such as Walmart, Lowe's, Publix, and Walgreens. The strong tenant synergy and proximity to numerous residential communities, including Hillcrest Villas, Katie Manor, and Riverwood Apartment Homes, ensure a robust customer base. The 2024-built restaurant is zoned C-2 (Commercial High-Intensity District) and features a state-of-the-art design. The property's strong demographics, including a high average household income within a 1-mile radius, further enhance its investment appeal. With a current NOI of $180,000 and a 5.25% cap rate, this offering presents a compelling return on investment. The asking price is $3,429,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- APN
- 29-3N-23-0000-0025-000A
- Assessed value · 2023
- $1,154,998
- Annual tax · 2023
- $18,685
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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