Offering Memorandum
Investment Sale
Texas Roadhouse
18555 Silver Pkwy
Fenton, Michigan
Fenton, Michigan
eCode:068i
Sales Price
$2,476,190
Cap Rate
5.25%
Building Size
8,160 SF
Lot Size
1.62 AC
Year Built
2023
Highlights
- Excellent Credit Tenancy & Growth
- New 15-Year Lease Executed in 2023
- Strategic Retail Location
- Ground Lease
- Strong Demographics
| Radius | 1 mile | 3 mile | 5 mile |
| Population Density | 3,998 | 29,252 | 46,341 |
| Household Income | $84,778 | $123,938 | $129,985 |
| Daytime Pop | 3,962 | 8,616 | 11,386 |
