Restaurant
New Construction Jaggers Ground Lease
10700 Westport Rd, Louisville, KY 40241
Listing Price: $2,188,889
Investment Overview
High Visibility Jaggers Fast Casual Ground Lease | Newly Constructed Prime 2,824 Square-Foot Jaggers on One Acre with a Double Lane Drive-Thru, Ample Parking, Pylon Signage, and Easy Ingress/Egress. Low Rent Ground Lease with a 11-Year Base Term and Zero Landlord Responsibility | 10% Rent Escalation in Year 6 and in Each of the 3 x 5-Year Options.
New Construction Jaggers Ground Lease
Investment Highlights
- Newer Residential Developments Include Legends Apartments, the Indian Springs Subdivision, Champion Farms Apartments, and the Exclusive Owl Creek Neighborhood
- Jaggers is Next Door to Aloft Louisville East, an 126-Room Boutique Marriot Concept that Won the 2021 Tripadvisor Travelers Choice Award
- Jaggers is the New Fast Casual Concept Started in 2014 by Subject Guarantor Texas Roadhouse, which has a B2 Credit Rating, 700+ Locations, and Over 73,000 EmployeesJaggers is the New Fast Casual Con
- At the Intersection of Westport Road (33,774 Vehicles Per Day), and US-265 (104,118 Vehicles Per Day) (Source: LandVision, CoStar, 2022)
- Exciting and New Retail Corridor | Nearby National Retailers Include: Walmart, Target, Starbucks, Cinemark, Steak 'n Shake, Wendy's, Bob Evans, Holiday Inn, Taco Bell, Office Max, Chipotle, Home Depot, and Others
- Affluent Community with an Average Household Income of Over $127K Within Five Miles of the Subject Asset, as of 2022
- Subject is 13 Miles from Downtown Louisville and All the Amenities it has to Offer, with a Population of 628,594
Exclusively Listed By
Broker of Record
Listing Price: $2,188,889
Investment Highlights
- Newer Residential Developments Include Legends Apartments, the Indian Springs Subdivision, Champion Farms Apartments, and the Exclusive Owl Creek Neighborhood
- Jaggers is Next Door to Aloft Louisville East, an 126-Room Boutique Marriot Concept that Won the 2021 Tripadvisor Travelers Choice Award
- Jaggers is the New Fast Casual Concept Started in 2014 by Subject Guarantor Texas Roadhouse, which has a B2 Credit Rating, 700+ Locations, and Over 73,000 EmployeesJaggers is the New Fast Casual Con
- At the Intersection of Westport Road (33,774 Vehicles Per Day), and US-265 (104,118 Vehicles Per Day) (Source: LandVision, CoStar, 2022)
- Exciting and New Retail Corridor | Nearby National Retailers Include: Walmart, Target, Starbucks, Cinemark, Steak 'n Shake, Wendy's, Bob Evans, Holiday Inn, Taco Bell, Office Max, Chipotle, Home Depot, and Others
- Affluent Community with an Average Household Income of Over $127K Within Five Miles of the Subject Asset, as of 2022
- Subject is 13 Miles from Downtown Louisville and All the Amenities it has to Offer, with a Population of 628,594
Investment Overview
High Visibility Jaggers Fast Casual Ground Lease | Newly Constructed Prime 2,824 Square-Foot Jaggers on One Acre with a Double Lane Drive-Thru, Ample Parking, Pylon Signage, and Easy Ingress/Egress. Low Rent Ground Lease with a 11-Year Base Term and Zero Landlord Responsibility | 10% Rent Escalation in Year 6 and in Each of the 3 x 5-Year Options.
Exclusively Listed By
Broker of Record
