Longhorn Steakhouse

Tenant Description

LongHorn Steakhouse is an American casual dining restaurant chain that is owned and operated by Darden Restaurants, Inc. and headquartered in Orlando, Florida.

What To Look For When Buying A Longhorn Steakhouse

Sales, Real Estate Intrinsics

What We Like About Longhorn Steakhouse

Darden Restaurants is known for picking great real estate

Competition

Texas Roadhouse, Outback Steakhouse, Olive Garden and Red Lobster.

What Is Sold In A Longhorn Steakhouse

Lunch And Dinner Items with a focus on steak. You can order 15+ different types of steak

Longhorn Steakhouse Website

https://www.longhornsteakhouse.com/home

Parent Company

Darden Restaurants

https://www.darden.com/

Corporate Office Location

1000 Darden Center Dr  – Orlando, Florida 32837

Fast Facts

In 2007 Darden Restaurants, Inc. purchased the steakhouse chain, making it related to Olive Garden, Yard House, and The Capital Grille.

Stock Price (Parent Company)
Tenant News (Parent Company)
Average Cap Rate Trend
5.75%
2019
5.50%
2020
12 mo avg with 10+ yr lease term (*Please Note Data Points Are Not Exact Figures*)
Average Sale Data & Lease Structure
Avg. Sale Price$2,200,000
Avg. Annual Rent$130,000
Avg. Price/ SF$320/SF
Typical Lease TypeGround Lease
Typical Lease Term10 Years
Typical Lease Escalations10% Every 5 Years
Credit Rating
S & PBBB (Subsidiary)

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