Longhorn Steakhouse


Property ID #: 18017
Tenant Name: Longhorn Steakhouse
Street Address:
City: Wyomissing
State: PA
Zip: 19610

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\

Sector: Casual Dining

FINANCIAL PROFILE

Price: $2,445,000
NOI:
Cap Rate: 6.75
Price PSF: N/A
Rent PSF: N/A
Credit Rating (S&P): NR

LEASE ABSTRACT

Lease Type: NNN
Years Remaining: 2.1
Initial Term Increases: 10% Each Option
Initial Term Lease Begin: 0000-00-00
Initial Term Lease Expiration: 0000-00-00
Renewal Options: 3 x 5 and One Four (4) Year, Eleven (11) Month Option
Option Increases:
Rent Holidays:

PROPERTY OVERVIEW

Type of Ownership:
Year Built: 2013
Year Remodeled :
Tenancy :
Gross Leasable Area (GLA):
Building Size (SFT) : 6
Lot AC :

DEMOGRAPHICS

Population
1-Mile:
3-Mile:
5-Mile:
Average Household Income
1-Mile: 0.00
3-Mile: 0.00
5-Mile: 0.00

INFORMATION REQUEST

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