Restaurant
LongHorn Steakhouse (Recent Construction)
3891 Frontage Rd, Brownsville, TX 78520
Listing Price: $2,655,000
Investment Overview
This offering features a recently constructed LongHorn Steakhouse located along Expressway 77 Frontage Road in Brownsville, Texas, with exposure to approximately 106,362 vehicles per day. The lease is corporate-guaranteed by Rare Hospitality International, Inc., a wholly owned subsidiary of Darden Restaurants (NYSE | S&P: BBB). According to Placer.ai, the location recorded 213,500 visits in 2025, representing a +10.7 percent year-over-year increase. Darden operates both LongHorn Steakhouse and Olive Garden within the development, reflecting an established operational presence at the site.
Investment Highlights
- Corporate Ground Lease With 7.9 Years Remaining
- 5,796 SF Freestanding Building Within the 10-Acre Las Palmas Retail Development
- Frontage on U.S. Route 77 — Major Route to the U.S./Mexico Border (106,362 VPD)
- Heavy Retail Corridor Near Sunrise Mall
- Corporate Guarantee — Rare Hospitality International, Inc. is a wholly-owned Subsidiary of Darden Restaurants, Inc. (NYSE: S&P: BBB)
- Dense Trade Area With 164,014 Residents and 157,812 Daytime Employees (5-Mile Radius)
- Seven Miles from the Port of Brownsville and Approximately 30 Minutes to Matamoros, Mexico
- Brownsville–Harlingen Metro | Population of Approximately 430,000
Exclusively Listed By
Listing Price: $2,655,000
Investment Highlights
- Corporate Ground Lease With 7.9 Years Remaining
- 5,796 SF Freestanding Building Within the 10-Acre Las Palmas Retail Development
- Frontage on U.S. Route 77 — Major Route to the U.S./Mexico Border (106,362 VPD)
- Heavy Retail Corridor Near Sunrise Mall
- Corporate Guarantee — Rare Hospitality International, Inc. is a wholly-owned Subsidiary of Darden Restaurants, Inc. (NYSE: S&P: BBB)
- Dense Trade Area With 164,014 Residents and 157,812 Daytime Employees (5-Mile Radius)
- Seven Miles from the Port of Brownsville and Approximately 30 Minutes to Matamoros, Mexico
- Brownsville–Harlingen Metro | Population of Approximately 430,000
Investment Overview
This offering features a recently constructed LongHorn Steakhouse located along Expressway 77 Frontage Road in Brownsville, Texas, with exposure to approximately 106,362 vehicles per day. The lease is corporate-guaranteed by Rare Hospitality International, Inc., a wholly owned subsidiary of Darden Restaurants (NYSE | S&P: BBB). According to Placer.ai, the location recorded 213,500 visits in 2025, representing a +10.7 percent year-over-year increase. Darden operates both LongHorn Steakhouse and Olive Garden within the development, reflecting an established operational presence at the site.
Exclusively Listed By