Texas Roadhouse

Address

2512 NW Cache Rd
Lawton, OK 73505

Executive Summary

Texas Roadhouse (the “Property”) is a newly constructed, freestanding single-tenant net lease (STNL) asset located along NW Cache Road, one of Lawton’s most prominent commercial corridors. Texas Roadhouse relocated their previous location farther west on NW Cache Road to this newly constructed site, and the new location has significantly outperformed their initial sales projections. Positioned on a highly visible retail pad with excellent ingress and egress, the Property benefits from strong regional connectivity and immediate access to major thoroughfares serving the Lawton market.

Texas Roadhouse opened in September 2025, the 8,736 square-foot building sits on a well-designed site with 194 dedicated parking spaces, offering superior customer experience and drive-by visibility. The Property is leased 100% to Texas Roadhouse under a long-term sale-leaseback structure.

The tenant has executed a 15-year absolute NNN lease commencing upon property delivery, with 10% rent increases every five years and renewal options available—offering investors a stable, passive income stream with predictable growth and zero landlord responsibilities.

Investment Highlights

High-Quality Tenant - Texas Roadhouse (NASDAQ: TXRH): Publicly traded, investment-grade national restaurant chain with a strong operating history and brand recognition. Recently recognized as the #1 casual dining chain the country.

Long-Term Absolute NNN Ground Lease: 15-year term with 10% rent escalations every 5 years and three renewal options - offering stable, growing cash flow.

Zero Landlord Responsibilities: tenant covers all operating expenses, insurance, taxes, and maintenance.

Attractive Market Fundamentals: Lawton serves as the regional economic hub of Southwest Oklahoma, anchored by Fort Sill, one of the largest U.S. Army installations. The area supports a stable population base, diverse employment drivers, and steady retail demand.

Prime Location on Lawton’s Retail Corridor: Located on NW Cache Road with excellent visibility, strong traffic counts, and surrounded by national retailers.