LongHorn Steakhouse NNN — Saraland, AL

Updated October 23, 2026

$3,245,614 · 5.70% CAP · 9.8 YRS

Saraland LongHorn Steakhouse asks $3,245,614 on Absolute NNN Ground Lease at 1405-B Industrial Pkwy. Saraland 5 bps under the 5.75% median at 1405-B Industrial Pkwy, across 181 active listings. Deal list date for 1405-B Industrial Pkwy is October 23, 2026.

Lease Abstract

Price: $3,245,614
Cap rate: 5.70% CAP
NOI: $185,000
Term remaining: 9.8 YRS
Lease type: Absolute NNN Ground Lease

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

Location

Saraland, Alabama — 1405-B Industrial Pkwy, Saraland, AL 36571. Full address and offering memorandum released on request — see our LongHorn Steakhouse tenant guide and the Alabama market page for the underwriting context.

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