Skip to main content

Restaurant

Red Lobster

333 S Towne East Mall Dr, Wichita, KS 67207

Listing Price: $4,462,000

Cap Rate
6.00%
Tenant Name
Red Lobster
Years Remaining On Lease
17.3
Gross SF
9,437
Guarantor
Corporate Guarantee
Rentable SF
9,437
Price/Gross SF
$472.82
Lease Type
Absolute Net
Rent Per Square Feet
$28.37

Investment Overview

Absolute Net Leased Red Lobster In In-Fill Wichita Kansas Location With 18-Years Remaining on Corporately Guaranteed Lease. 2 Percent Annual Increases Provide A Strong Hedge Against Inflation.

Investment Highlights

  • 18-Years Remaining on Absolute Net Lease
  • Zero Landlord Responsibilities
  • 2 Percent Annual Increases | Strong Inflation Hedge
  • Corporate Guaranty With More Than 700 Locations

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Listing Price: $4,462,000

Cap Rate
6.00%
Tenant Name
Red Lobster
Years Remaining On Lease
17.3
Gross SF
9,437
Guarantor
Corporate Guarantee
Rentable SF
9,437
Price/Gross SF
$472.82
Lease Type
Absolute Net
Rent Per Square Feet
$28.37

Investment Highlights

  • 18-Years Remaining on Absolute Net Lease
  • Zero Landlord Responsibilities
  • 2 Percent Annual Increases | Strong Inflation Hedge
  • Corporate Guaranty With More Than 700 Locations

Investment Overview

Absolute Net Leased Red Lobster In In-Fill Wichita Kansas Location With 18-Years Remaining on Corporately Guaranteed Lease. 2 Percent Annual Increases Provide A Strong Hedge Against Inflation.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

MM Texture Background
MM Textured Background Lower