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.
Exclusively Listed By
Broker of Record
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
