Longhorn Steakhouse
Property ID #: 18102
Tenant Name: Longhorn Steakhouse
Street Address:
City: Mcallen
State: TX
Zip: 78504
COMPANY DESCRIPTION
LongHorn Steakhouse is an American casual dining restaurant chain that is owned and operated by Darden Restaurants, Inc., headquartered in Orlando, Florida. As of 2016, LongHorn Steakhouse generated $1.6 billion in sales in its 481 locations. Darden Restaurants, Inc. is an American multi-brand restaurant operator headquartered in Orlando. As of April 2017, the firm owns eight casual dining restaurant chains: Olive Garden, LongHorn Steakhouse, Bahama Breeze, Seasons 52, Eddie V\
Website: www.longhornsteakhouse.com
Sector: Casual Dining
FINANCIAL PROFILE
Price: $3,807,580
NOI:
Cap Rate: 5.00
Price PSF: N/A
Rent PSF: N/A
Credit Rating (S&P): NR
LEASE ABSTRACT
Lease Type: NNN
Years Remaining: 9.8
Initial Term Increases:
Initial Term Lease Begin: 0000-00-00
Initial Term Lease Expiration: 0000-00-00
Renewal Options: 1-3: 5-Year (1.5% annually) 4-5: 5-Year (FMV + 1.5% annually)
Option Increases:
Rent Holidays:
PROPERTY OVERVIEW
Type of Ownership:
Year Built: 2012
Year Remodeled :
Tenancy :
Gross Leasable Area (GLA):
Building Size (SFT) : 6
Lot AC :
DEMOGRAPHICS
Population
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3-Mile:
5-Mile:
Average Household Income
1-Mile: 0.00
3-Mile: 0.00
5-Mile: 0.00