Restaurant
Saltgrass Steak House GL | Excellent Rent To Sales | Low Price Point with 17+ Years | South Bend MSA
5126 N Main St, Mishawaka, IN 46545
Listing Price: $2,393,000
Investment Overview
Saltgrass Steak House is an American steakhouse chain owned by Landry's, Inc., known for its chargrilled Certified Angus Beef steaks, chicken, and seafood. Founded in Houston, Texas, the company operates 96 locations and counting across 14 states.
Mishawaka is located on the St. Joseph River in northern Indiana, adjacent to the city of South Bend. Mishawaka, known as “the Princess City,” is a growing commercial city home to a growing population, major business expansion, and record-breaking new construction.
Saltgrass Steak House GL | Excellent Rent To Sales | Low Price Point with 17+ Years | South Bend MSA
Investment Highlights
- 17+ Years Remaining on NNN Ground Lease with Corporate Guaranty
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Excellent Rent to Sales Ratio | Top Performing Location
- Dense Trade Area in the South Bend MSA - 154,410 Residents within 5 Miles
- Located in the Largest Retail Corridor in Northern Indiana - Surrounding Tenants Include Walmart, Sam's Club, Target, Lowe's, Meijer, and The Home Depot
Restaurant
Saltgrass Steak House GL | Excellent Rent To Sales | Low Price Point with 17+ Years | South Bend MSA
Listing Price: $2,393,000
Investment Highlights
- 17+ Years Remaining on NNN Ground Lease with Corporate Guaranty
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Excellent Rent to Sales Ratio | Top Performing Location
- Dense Trade Area in the South Bend MSA - 154,410 Residents within 5 Miles
- Located in the Largest Retail Corridor in Northern Indiana - Surrounding Tenants Include Walmart, Sam's Club, Target, Lowe's, Meijer, and The Home Depot
Investment Overview
Saltgrass Steak House is an American steakhouse chain owned by Landry's, Inc., known for its chargrilled Certified Angus Beef steaks, chicken, and seafood. Founded in Houston, Texas, the company operates 96 locations and counting across 14 states. Mishawaka is located on the St. Joseph River in northern Indiana, adjacent to the city of South Bend. Mishawaka, known as “the Princess City,” is a growing commercial city home to a growing population, major business expansion, and record-breaking new construction.
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