Longhorn Steakhouse
Net Lease
453 TN-76 , White House, Tennessee
Ownership Type:
Fee Simple
Landlord Responsibilities:
None
Renewal Options:
4, 5 Year
Building Sq. Ft.:
5,780 SF
Rent Increases:
10% Every 5 years
Investment Highlights
- LONG-TERM COMMITMENT: Brand new 10 year absolute NNN ground lease with 4, 5 year options to extend.
- INVESTMENT GRADE CREDIT: Longhorn Steakhouse is owned by Darden Restaurants, which has an S&P rating of BBB.
- HIGH GROWTH NORTHERN NASHVILLE MARKET: White House Tennessee is seeing tremendous population growth north of 7% year over year.
- ZERO LANDLORD RESPONSIBILITIES: Tenant operates under an absolute NNN ground lease structure, ensuring true passive ownership for investors. All expenses—including taxes, insurance, maintenance, and repairs—are fully covered by the tenant, providing stable income throughout the lease term.
- AFFLUENT SURROUNDING DEMOGRAPHICS: Located in the growing Nashville MSA suburb of White House, Tennessee, the property is anchored by a prosperous customer base, with average household incomes exceeding $105,300 within a 3-mile radius.
- WELL POSITIONED PUBLIX OUTPARCEL: Premier outparcel position directly fronting an established Publix-anchored center along Highway 76, the property captures relentless grocery-driven consumer traffic and commanding highway visibility—anchoring the site within a proven daily-needs destination.
- NASHVILLE MSA: Located in the Nashville MSA—one of the nation’s fastest-growing metros, expanding to ~2.15 million residents and backed by a diversified $168 billion economy.
Ownership Type:
Fee Simple
Landlord Responsibilities:
None
Renewal Options:
4, 5 Year
Building Sq. Ft.:
5,780 SF
Rent Increases:
10% Every 5 years
