Texas Roadhouse

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Texas Roadhouse

1051 Boardman Rd Jackson MI Jackson County

Sales Price: $2,304,762*
*Pricing based off of 10/1/20 rent

Cap Rate: 5.25%

Lease Expiration: 9/30/2030

Contact Person(s): Daniel H. Kukes
Kevin J. Baker
Maxwell E. Lippitt
Jason M. Greenspan

Description:

STRONG TENANT SALES

  • The Texas Roadhouse in Jackson, MI is a high-volume restaurant with very strong sales (call for details).

LONG TERM GROUND LEASE WITH RENT INCREASES

  • The subject property operates under a long term ground lease with scheduled rent increases. As a ground lease, the property presents zero landlord responsibilities.

GREAT VISIBILITY & ACCESS

  • The asset is highly visible from I-94 (48,000 CPD) and benefits from multiple points of ingress/egress to Jackson Crossing, a 620,000 SF regional center and the adjacent Jackson West, a 209,800 SF power center.

Building Size: 7,163 SF

Lot Size: 0.73 acre

Demographic Info:

Radius: 1 Mile 3 Mile 5 Mile
Population Density: 4,969 54,795 75,763
Avg. HH Income: $49,464 $50,602 $59,020

LANDMARK INVESTMENT SALES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.