Longhorn Steakhouse

LongHorn Steakhouse Net Lease Investment Opportunity
Denver, CO MSA
15-Year Absolute Triple Net Lease | Corporate Guarantee | Fee Simple Ownership

This offering presents a premier opportunity to acquire a LongHorn Steakhouse property in the Denver, Colorado Metropolitan Statistical Area, one of the fastest-growing and most dynamic markets in the United States. Backed by a 15-year absolute triple net (NNN) lease, this investment offers secure, predictable, and truly passive income from one of the nation’s leading casual dining brands. Supported by strong demographics, a prime hard-corner location, and a corporate-backed guarantee, the property represents a compelling long-term investment.

Location and Market Overview
Denver, the largest city in Colorado, anchors a metro population of nearly 3 million residents. Known for its diverse economy, strong employment growth, and high quality of life, Denver consistently ranks as one of the most desirable cities to live and work in the U.S. The area benefits from a thriving mix of industries, including technology, healthcare, energy, and finance, and continues to see significant population in-migration and residential development.

The subject property is situated on a hard corner along a major arterial roadway with daily traffic counts exceeding 46,000 vehicles. Its location provides excellent visibility and convenient access, ensuring strong customer traffic throughout the day. The surrounding trade area is home to a wide variety of national retailers, restaurants, and service-oriented businesses, reinforcing the site’s placement in a highly desirable retail corridor.

Demographics
The property benefits from outstanding surrounding demographics. Within a three-mile radius, the population exceeds 92,000 residents with average household incomes of $108,000. Expanding to five miles, the population grows to more than 215,000 residents, supported by Denver’s ongoing residential expansion and strong employment base. The affluent and growing consumer base supports consistent demand for full-service dining concepts such as LongHorn Steakhouse.

Property Details
The property features a freestanding LongHorn Steakhouse restaurant totaling approximately 6,600 square feet on a 2.0-acre parcel. Built to LongHorn’s most recent prototype standards, the building offers a modern design, a large dining area, bar service, and updated kitchen facilities. The site provides ample on-site parking, strong signage, and convenient ingress and egress from both traffic directions.

Fee simple ownership provides the investor with full control of both the land and improvements, ensuring long-term investment stability.

Lease Structure and Tenant Guarantee
The property is secured by a brand-new 15-year absolute triple net (NNN) lease. Under the terms of the lease, the tenant is responsible for all property expenses including taxes, insurance, and maintenance, creating a truly passive investment for the owner. The lease features scheduled 10% rental increases every five years, ensuring consistent income growth over the term.

LongHorn Steakhouse is a subsidiary of Darden Restaurants, Inc. (NYSE: DRI), one of the largest full-service restaurant operators in the United States. With a portfolio that includes Olive Garden, Capital Grille, and Seasons 52, Darden is a Fortune 500 company with an investment-grade credit rating, providing exceptional tenant security.

Surrounding Area and Trade Drivers
Denver’s strong population growth, high-income households, and vibrant economy make it a top-tier market for casual dining. The property’s location in a high-traffic corridor near major retailers such as Costco, Walmart, Target, and Home Depot ensures steady customer traffic. Its proximity to large residential developments, schools, and healthcare centers further enhances the site’s long-term stability and performance.

Investment Highlights

• Brand-new 15-year absolute triple net (NNN) lease with LongHorn Steakhouse.
• Fee simple ownership of a 2.0-acre parcel with a 6,600-square-foot modern prototype restaurant.
• Tenant responsible for all expenses, ensuring a truly passive investment.
• Scheduled 10% rental increases every five years, delivering dependable income growth.
• Corporate guarantee from Darden Restaurants, Inc. (NYSE: DRI), an investment-grade Fortune 500 company.
• Prime Denver MSA location on a hard corner with daily traffic counts exceeding 46,000 vehicles.
• Excellent demographics: over 92,000 residents within three miles and 215,000 within five miles, with average household incomes above $108,000.
• Surrounded by national retailers and situated within a thriving retail corridor in one of the nation’s strongest markets.
• Attractive for 1031 exchange buyers, REITs, private equity groups, and institutional investors.

Buyer Profile and Financing
This property is ideally suited for 1031 exchange buyers, REITs, and institutional investors seeking long-term, stable, and management-free income. The corporate-backed 15-year absolute NNN lease provides excellent lender confidence and highly competitive financing options.

Conclusion
This LongHorn Steakhouse property in the Denver MSA represents a top-tier single-tenant net lease opportunity. With a 15-year absolute NNN lease, corporate-backed guarantee, scheduled rent escalations, and a prime location in one of the fastest-growing markets in the country, the property offers secure and predictable income with strong appreciation potential.

Qualified investors are encouraged to request the full offering memorandum, tenant lease abstract, and financial details.