Texas Roadhouse Ground Lease | Very Low Rent | Miami, FL MSA

33090 S Dixie Hwy, Florida City, FL 33034, USA
$3,520,000

Description

Marcus & Millichap is pleased to present for sale this Texas Roadhouse Restaurant Ground Lease located at 33090 South Dixie Highway in Florida City, Florida. This site is located on US1/South Dixie Highway just 42 Miles south of Downtown Miami in Florida City. With accessibility from US-1 and the Florida Turnpike to the east, the immediate area is home to national retailers Home Depot, BJ’s Wholesale Club, Best Buy, Mattress Firm, Panda Express, AutoZone, Bank of America, Chase, Payless Shoe Source, and Krispy Kreme, among others.
This property is located near several brand-new home communities. This area has been drawing newcomers for decades because of the warm weather, variety of culture, activities and proximity to the beautiful Atlantic Ocean. These new home developments include The Towns at Seascape, a brand- new townhome community, Avella Park by D.R. Horton, Lennar at Riviera and many more sold-out new home communities. Several apartment complexes such as River Oaks Apartment complex are also nearby the property. Florida City and the Homestead area is a rapidly growing community that is expected to double in population in the next five years.
This Texas Roadhouse is in close proximity to Florida’s Turnpike, US-1, Florida Keys Outlet Marketplace and the beautiful Florida Keys. Only minutes from this Texas Roadhouse is Miami-Dade College Homestead Campus. Miami Dade College has student enrollment of over 85,000 students across all campuses and this Homestead Campus has award winning programs in aviation, nursing, business and education. Minutes from the property is Homestead Hospital, a modern, full-service 147-Bed Hospital located in the community since 1940.
Florida City is a bustling, growing city and is the southernmost municipality in the South Florida Metropolitan Area and a thriving suburb of Miami-Dade with a growing population of over 11,928, Florida City is well known as the “Gateway to the Florida Keys and Everglades.” Florida City offers an excellent variety of things to do for those vacationing in South Florida with Attractions such as Coral Castle Museum, Knaus Berry Farm, Biscayne National Park, Big Cypress National Preserve, Homestead Bayfront Park , Everglades National Park and the Homestead-Miami Speedway. Just a short trip south from Florida City and you arrive at the Florida Keys, home to an abundance of recreational and water activities and the ever- popular city of Key West.
Texas Roadhouse is a Texas-themed American steakhouse chain restaurant that specializes in Steaks in a Texan and Southwestern cuisine style. It is a subsidiary of Texas Roadhouse, Inc. which is headquartered in Louisville, Kentucky. The chain operates 611 locations in 49 U.S. cities and 28 international locations in 10 countries. It is popular and well known for its free buckets of
peanuts at each table along with free bread rolls with honey-cinnamon butter. Texas Roadhouse is publicly traded with a Market Cap exceeding $6.8 Billion (May 2021).

  • Strong Corporate Guarantee | NASDAQ: TXRH | Market Cap Exceeding $6.8B (May 2021)
  • Very Low Rent and Strong Intrinsic Value | 7,163 Square Foot Building Situated on 1.8 Acres of Land
  • Directly Across the Street from a Home Depot and surrounded by numerous national retailers including Walmart, ALDI, Best Buy, Dollar Tree, AutoZone, AT&T and many others
  • Located in the Florida City/Homestead Area which is Rapidly Growing and Expected to Double Population in the Next 5 Years | Only 45 Minutes South of Miami
  • Florida City is known as the “Gateway to the Florida Keys and Everglades” A Short Drive to the Florida Keys and Tourist Attractions Coral Castle Museum. Knaus Berry Farm, Biscayne National Park, Big Cypress National Park and Homestead Miami Speedway
  • Property located Nearby Miami Dade College Homestead Campus with Award Winning Programs in Aviation, Nursing, Business and Education
  • Located Near Several Brand New Home Communities Including Avella park by D.R. Horton, Lennar at Riviera and The Towns at Seascape
  • Minutes From Homestead Hospital with 147 Beds and in the Community Since 1940
  • Florida is a No Income Tax State

Property Documents

  • Texas-Roadhouse-Florida-City-FL-om-ib
  • City: Florida City
  • State/county: Florida
  • Zip/Postal Code: 33034
  • Country: United States

Detail

  • Price: $3,520,000
  • Year Built: 2016

Features