Restaurant
Red Lobster
170 Wolf Rd, Colonie, NY 12205
Listing Price: $8,000,000
Investment Overview
Defensive "Value" Segment. As a casual dining staple, Red Lobster occupies a defensive niche. While it faces competition, it remains the largest seafood-focused chain in the U.S. In inflationary environments, its "value-oriented" seafood positioning tends to capture diners trading down from higher-end steakhouses and independent seafood venues.
Predictable Cash Flow. Lease expires July 31, 2039 with built-in rent escalations 2% annually with 4 x 5-year renewal options.
Red Lobster
Investment Highlights
- Robust New Ownership & Backing. The chain is now owned by Fortress Investment Group, a global powerhouse with over $48 billion in assets under management.
- Red Lobster Net Lease (NNN) property is a classic "yield play" in the casual dining sector, especially as the brand stabilizes under new ownership.
- Zero Landlord Responsibilities. The tenant is responsible for all taxes, insurance, and maintenance, including the roof and structure.
Exclusively Listed By
Listing Price: $8,000,000
Investment Highlights
- Robust New Ownership & Backing. The chain is now owned by Fortress Investment Group, a global powerhouse with over $48 billion in assets under management.
- Red Lobster Net Lease (NNN) property is a classic "yield play" in the casual dining sector, especially as the brand stabilizes under new ownership.
- Zero Landlord Responsibilities. The tenant is responsible for all taxes, insurance, and maintenance, including the roof and structure.
Investment Overview
Defensive "Value" Segment. As a casual dining staple, Red Lobster occupies a defensive niche. While it faces competition, it remains the largest seafood-focused chain in the U.S. In inflationary environments, its "value-oriented" seafood positioning tends to capture diners trading down from higher-end steakhouses and independent seafood venues. Predictable Cash Flow. Lease expires July 31, 2039 with built-in rent escalations 2% annually with 4 x 5-year renewal options.
Exclusively Listed By
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