Texas Roadhouse Corporate Ground Lease | DC MSA | Rent Commenced on 11/12/12
Contact Will Pike for more details (will.pike@cbre.com) | Download Offering: https://www.box.com/shared/static/6cf4271b7b074a462048.pdf



 

Texas Roadhouse | Ground Lease

113 Market Street | Winchester, Virginia 22603


                                       Click here to download offering memorandum

 

CBRE is pleased to present the opportunity to purchase a Texas Roadhouse ground lease located as one of the entrance outparcels to Rutherford Crossing Shopping Center in Winchester, Frederick County, Virginia. Texas Roadhouse is a newly constructed ground lease conveniently located at the intersection of I-81 and Martinsburg Pike (Route 11). The parcel is positioned in an optimal location to benefit from the tremendous growth market of Frederick County as both residential and business development continue to flow into this flourishing submarket of the Washington DC MSA. Additionally the property will benefit from the destination traffic generated by Target, Lowe’s, and the rest of the Rutherford Crossing master development.

 

 

Investment Highlights

 

  • Texas Roadhouse (NASDAQ: TXRH): 10-yr NNN ground lease with three 5 year options
  • Texas Roadhouse had the grand opening on November 11, 2012
  • Currently the company operates more than 370 restaurants in 46 states
  • New construction, strongly-positioned freestanding ground lease with exceptional visibility in the highly regarded Washington DC metropolitan area 
  • Well maintained, attractive architecture and strong curb appeal
  • Rutherford Crossing: exceptional line-up of national and regional chain and credit tenants including Party City, Sleepy’s, Sally Beauty Supply and Subway
  • Shadow anchored by powerful destination retailers, Target and Lowe’s
  • Immediate access from the intersection of I-81 and Martinsburg Road  
  • Tremendous growth market: 8.23% population growth projected over the next 5 years   
  • Rare opportunity to own a newly constructed ground lease in an irreplaceable retail location


 


FOR MORE
INFORMATION
PLEASE CONTACT:


Christopher Bosworth
1-404-923-1486
Chris.Bosworth@cbre.com

Will Pike
1-404-923-1381
Will.Pike@cbre.com

R William Kent
1-202-585-5592
Bill.Kent@cbre.com

Gary Lawrence
1-202-585-5533
Gary.Lawrence@cbre.com

Dana Rein
1-202-585-5534
dana.rein@cbre.com
 
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