Red Lobster

NNN Pro is pleased to present the exclusive listing for a Red Lobster located at 3002 Saint Michael Drive, Texarkana, Texas 75503. The site consists of roughly 7422 rentable square feet of building space on an estimated 1.79-acre parcel of land. This Red Lobster is subject to a 25-year Triple Net (NNN) lease, which commenced 8/1/2014. The current annual rent is $211,908 and has scheduled increases of 2.00% Annually.