CHEDDARS SCRATCH KITCHEN | $4,363,636 | 5.50% CAP
The Deltondo Group and Marcus & Millichap are pleased to present for sale Cheddars Scratch Kitchen a single-tenant property located at 3074 N Eastman Road, Longview, Texas 75605.
The subject property is comprised of 8,060 square feet built-in 2005. The building sits on a large 1.97 Acre lot with frontage on US Highway 259 that oversees 23,000+ Vehicles Per Day.
Cheddars Scratch Kitchen benefits from a substantial built-in customer base with a population of 120,000+ & 45,000+ households in a 10-mile radius, as well as an average household income of $73,000. Strategically located, Cheddars sits in the heart of a major retail corridor in Longview surrounded by national retailers such as: Target, Walmart, Sam’s Club, Lowes, Home Depot, PetSmart, & Tractor Supply to name a few.
Founded in 1979, Cheddar’s Scratch Kitchen is an American restaurant brand based in Irving, Texas. Now wholly owned by Darden Restaurants, Inc., Cheddar’s operates 171 company-owned and franchise locations in 28 U.S. states. Cheddar’s serves a variety of made-from-scratch dishes, from homemade onion rings and chicken pot pies to house-smoked baby back ribs. In 2016, Restaurant Business ranked Cheddar’s No. 3 on its list of the “20 Top Full-Service Chains in Sales and Satisfaction.” That same year, Cheddar’s was named a “Favorite Casual Dining Restaurant” in a Market Force Study.