1508 Boone St - Restaurant FOR SALE


Kingsland, GA 31548
$3,092,000 USD
404-400-2794
1508 Boone St, Kingsland, GA for Sale
$3,092,000 USD
Restaurant - FOR SALE
1/4
null | 5.4% Cap Rate

1508 Boone St
Kingsland, GA 31548


HIGHLIGHTS

  • Zero Landlord Responsibilities: Absolute NNN lease structure
  • Corporate Guarantee: The lease is corporately guaranteed by Texas Roadhouse, which is a publicly traded company on the NYSE (TXRH)
  • Brand-New Development: Newly constructed Texas Roadhouse built to the brand’s current prototype
  • Below Market Rents: At $21/SF, the ground lease rent sits below current market
  • Dominant Retail Corridor on U.S. Highway 40: The property fronts Boone Street (U.S. Highway 40)
  • Shadow-Anchored by Lowe’s Home Improvement: Positioned directly across from a high-volume Lowe’s Home Improvement

OVERVIEW

This offering features a newly constructed Texas Roadhouse restaurant under an absolute NNN lease, providing investors with zero landlord responsibilities and a secure, long-term income stream. The property is corporately guaranteed by Texas Roadhouse, Inc., a publicly traded company (NASDAQ: TXRH) with a strong national presence and consistent financial performance. Strategically located along Boone Street (U.S. Highway 40), the site benefits from excellent visibility and traffic counts exceeding 22,000 vehicles per day. The property is shadow-anchored by a high-volume Lowe’s Home Improvement and surrounded by a robust mix of national retailers, including Starbucks, Tractor Supply, and other service-oriented businesses that drive consistent customer traffic. With a lease rate below current market levels and a brand-new prototype building, this asset offers both stability and long-term upside. Positioned in a dominant retail corridor within a growing market, this investment combines credit-backed security with strong real estate fundamentals.

FOR SALE DETAILS

PRICE

$3,092,000 USD

PRICE/SF

$350 USD /SF

CAP RATE

5.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Texas Roadhouse

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

136

LAND DETAILS

LAND ACRES

2.22 AC

LAND SF

96,703 SF

ZONING

C-2

APN/PARCEL ID

108-002

ASK ABOUT THIS PROPERTY

Connor KnauerMatthews Real Estate Investment ServicesMore Info
404-400-2794

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Connor KnauerMatthews Real Estate Investment ServicesMore Info
404-400-2794

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.