803 S University Dr, Plantation, FL 33324
Marcus & Millichap is pleased to present the exclusive offering for a Red Lobster located at 803 S University Drive in Plantation, FL. The site consists of roughly 7,978 rentable square feet of building space on an estimated 1.91-acre parcel of land. This Red Lobster is subject to a long-term, absolute triple-net (NNN) lease, which commenced July 28, 2014. The current annual rent is $451,909 and is scheduled to increase by 2.00% annually throughout the remainder of the base term and in each of the four (4), five (5)-year tenant renewal options.
License(s): FL: BK3154667
Florida
Marcus & Millichap is pleased to present the exclusive offering for a Red Lobster located at 803 S University Drive in Plantation, FL. The site consists of roughly 7,978 rentable square feet of building space on an estimated 1.91-acre parcel of land. This Red Lobster is subject to a long-term, absolute triple-net (NNN) lease, which commenced July 28, 2014. The current annual rent is $451,909 and is scheduled to increase by 2.00% annually throughout the remainder of the base term and in each of the four (4), five (5)-year tenant renewal options.
License(s): FL: BK3154667
Florida