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Restaurant

Red Lobster | Recently Extended Lease

11601 N Dale Mabry Hwy, Tampa, FL 33618

Listing Price: $8,216,705

Cap Rate
5.40%
Tenant Name
Red Lobster
Years Remaining On Lease
21.9
Guarantor
Corporate Guarantee
Rentable SF
8,025
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$55.29

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Red Lobster located at 11601 North Dale Mabry Highway in Tampa, Florida. The site consists of roughly 8,025 rentable square feet of building space on estimated 1.62-acre parcel of land. This Red Lobster is subject to an absolute triple-net (NNN) lease, which recently extended to December 31st, 2044.

Investment Highlights

  • SiteLocatedDirectly On Dale Mabry Blvd in Tampa | Tax Free State
  • Tremendous Traffic Counts | Over 69,000 Vehicles Per Day & 1.60 Acre Parcel
  • Long-Term, Triple Net (NNN) Lease With Approximately 22.5 Years Remaining

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Restaurant

Red Lobster | Recently Extended Lease

Listing Price: $8,216,705

Cap Rate
5.40%
Tenant Name
Red Lobster
Years Remaining On Lease
21.9
Guarantor
Corporate Guarantee
Rentable SF
8,025
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$55.29

Investment Highlights

  • SiteLocatedDirectly On Dale Mabry Blvd in Tampa | Tax Free State
  • Tremendous Traffic Counts | Over 69,000 Vehicles Per Day & 1.60 Acre Parcel
  • Long-Term, Triple Net (NNN) Lease With Approximately 22.5 Years Remaining

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Red Lobster located at 11601 North Dale Mabry Highway in Tampa, Florida. The site consists of roughly 8,025 rentable square feet of building space on estimated 1.62-acre parcel of land. This Red Lobster is subject to an absolute triple-net (NNN) lease, which recently extended to December 31st, 2044.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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