LongHorn Steakhouse NNN — Bainbridge, GA

Updated November 2, 2026

$2,804,000 · 5.35% CAP · 10 YRS

New-construction LongHorn Steakhouse across Tallahassee Hwy from The Home Depot in Bainbridge, offered at $2,804,000 and a 5.35% cap on $150,000 of ground rent. Rent began October 19, 2026, on a 10-year base term. The package names the guarantor two ways, so confirm the entity. It prices 40 bps under the 5.75% median of 187 active listings.

Lease Abstract

Price

$2,804,000

Cap rate

5.35% CAP

NOI

$150,000

Term remaining

10 YRS

Lease type

Absolute NNN Ground Lease

Increases

10% in year 6 and at each option

Options

4 x 5-year

Guarantee

Corporate

Building

5,780 SF

Lot

2.07 AC

Year built

2026

Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.

Property Details

5,780 SF building, built 2026, 2.07 acres of land. Ground lease priced at $1,354,589 per acre. Rent increases: 10% in year 6 and at each option. Renewal options: 4 x 5-year. Corporate guarantee. Primary term ends around 2036 (10 yrs left at listing, Nov 2026).

Location

Bainbridge, Georgia — 1519 Tallahassee Hwy, Bainbridge, GA 39819. Full address and offering memorandum released on request — see our LongHorn Steakhouse tenant guide and the Georgia market page for the underwriting context.