Restaurant
Red Lobster, Albany , NY
170 Wolf Rd, Albany, NY 12205
Listing Price: $8,300,000
Investment Overview
Red Lobster is the largest seafood restaurant concept in the world and is an iconic full-service brand with broad demographic appeal and a significant advertising budget (2nd-largest in casual dining) The Company was founded in 1968 and currently operates 662 restaurants throughout the United States and Canada, and has more than 40 franchised restaurants in international markets The company generates $2.6B in revenue and is one of the largest casual dining concepts in North America
Exclusively Listed By
Financing By
Listing Price: $8,300,000
Investment Highlights
- Long-Term, 25.5-Year Absolute Triple-Net (NNN) Lease with Approximately 16.5 Years Remaining on the Base Term
- Corporate Tenant | Corporate Guaranty
- Attractive Rental Increases of Two Percent (2.00%) Annually
Investment Overview
Red Lobster is the largest seafood restaurant concept in the world and is an iconic full-service brand with broad demographic appeal and a significant advertising budget (2nd-largest in casual dining) The Company was founded in 1968 and currently operates 662 restaurants throughout the United States and Canada, and has more than 40 franchised restaurants in international markets The company generates $2.6B in revenue and is one of the largest casual dining concepts in North America
Exclusively Listed By
Financing By
