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1508 Boone St, Kingsland, GA, 31548

Texas Roadhouse
$3,092,000

Key Information

Cap Rate
5.4%
$ per SF
$390
Tot. SF
7,926
Lot Size
2.24 Acres
Year Built
2025
Term Remaining
±10 Years
Type
Retail
NOI
$167,000

Highlights

  • Zero Landlord Responsibilities: Absolute NNN lease structure
  • Corporate Guarantee: The lease is corporately guaranteed by Texas Roadhouse, which is a publicly traded company on the NYSE (TXRH)
  • Brand-New Development: Newly constructed Texas Roadhouse built to the brand’s current prototype.
  • Below Market Rents: At $21/SF, the ground lease rent sits below current market.
  • Dominant Retail Corridor on U.S. Highway 40: The property fronts Boone Street (U.S. Highway 40), a primary east–west arterial with approximately 22,100+ vehicles per day, providing strong visibility and consistent traffic flow.
  • Shadow-Anchored by Lowe’s Home Improvement: Positioned directly across from a high-volume Lowe’s Home Improvement, benefiting from daily needs-based traffic and strong retail draw.
  • Established National Retail Synergy: Surrounded by complementary national and regional retailers including Starbucks, Tractor Supply, Southeastern Bank, automotive dealerships, and service-oriented uses that drive repeat visitation.
  • Established Public Company: Texas Roadhouse, Inc. is a publicly traded restaurant company listed on the NASDAQ (NASDAQ: TXRH), providing transparency and financial discipline.
  • Best-in-Class Casual Dining Credit: Texas Roadhouse is widely regarded as one of the strongest operators in the casual dining sector, supported by consistent unit level performance and a disciplined real estate strategy.
  • Large and Growing National Footprint: The company operates 760+ locations nationwide and continues to expand through new store development.
  • Expansion-Focused Operator: Texas Roadhouse remains an active growth brand relative to peers, reinforcing long-term lease security and commitment to its real estate.

Photos

Location

Agents

Broker of Record

Maxx Bauman

License # 451849, 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500, Nashville, TN 37203