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Restaurant

Red Lobster

1345 Dana Dr, Redding, CA 96003

Listing Price: $3,400,000

Cap Rate
6.63%
Tenant Name
Red Lobster
Years Remaining On Lease
10.6
Guarantor
Corporate Guarantee
Rentable SF
6,869
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$32.83

Investment Overview

Nearby National Tenants: Walmart, Winco Foods, Target, Hobby Lobby, Olive Garden, In-N-Out, Subway, Cinemark, Chipotle, Sprouts, Chick-fil-A, PetSmart, Macy’s, Starbucks

Investment Highlights

  • Long-term NNN Lease with ± 11 years remaining
  • Worlds Largest Seafood Restaurant | Serving 11 Countries
  • Corporate Guarantee | 704 locations in the United States and Canada

Exclusively Listed By

  • Dustin R. Alvino

    Senior Vice President Investments

    (702) 215-7120

    Email Dustin

    License(s): NV: BS.0143692, NJ: 2294556

    Las Vegas

Broker of Record

  • Adam Christofferson

    Senior Vice President/Division Manager

    (818) 212-2750

    License(s) CA: 01240999,00530854,01204293

    California

Restaurant

Red Lobster

Listing Price: $3,400,000

Cap Rate
6.63%
Tenant Name
Red Lobster
Years Remaining On Lease
10.6
Guarantor
Corporate Guarantee
Rentable SF
6,869
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$32.83

Investment Highlights

  • Long-term NNN Lease with ± 11 years remaining
  • Worlds Largest Seafood Restaurant | Serving 11 Countries
  • Corporate Guarantee | 704 locations in the United States and Canada

Investment Overview

Nearby National Tenants: Walmart, Winco Foods, Target, Hobby Lobby, Olive Garden, In-N-Out, Subway, Cinemark, Chipotle, Sprouts, Chick-fil-A, PetSmart, Macy’s, Starbucks

Exclusively Listed By

  • Dustin R. Alvino

    Senior Vice President Investments

    (702) 215-7120

    Email Dustin

    License(s): NV: BS.0143692, NJ: 2294556

    Las Vegas

Broker of Record

  • Adam Christofferson

    Senior Vice President/Division Manager

    (818) 212-2750

    License(s): CA: 01240999,00530854,01204293

    California

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