LongHorn Steakhouse

Lease & Location Highlights

• Brand new 2026 ground lease construction
• 10 Year Ground lease with 10% increases every 5 years and in each of the four, 5 year options
• Located directly across the street from a Publix grocery anchored retail center
• Extremely Strong average household income of approximately $84,276 (5-mile radius)
• Five mile population in excess of 44,678 residents, with the greater 10 mile area spanning over 188,641 residents
• Saraland is located within the Mobile MSA, which has a population of roughly 414,000 residents and is expected to continue growing over the next several years
• The subject property benefits from strong visibility and traffic exposure, with approximately ±34,400 vehicles per day (VPD) along Hwy 158 and ±70,400 vehicles per day (VPD) on the nearby I-65
• The adjacent Chick-Fil-A is ranked in the top 20% in Alabama within 6 months of opening (Placer.AI)

Tenant Highlights

• Longhorn Steakhouse has over 638 restaurants with expansion plans for the foreseeable future
• Darden Restaurants holds a S&P “BBB” rating and is publicly traded (NYSE: DRI)