Red Lobster
Parma, Ohio
Image gallery
Map View
Street View
NNN Pro Group is pleased to present the Red Lobster located at 7607 Day Drive in Parma, Ohio. The site consists of roughly 7,491 rentable square feet of building space on an estimated 1.67-acre parcel of land. This property is subject to an absolute triple net (NNN), which expires on July 31, 2039. The rent is scheduled to increase by 2% annually every and in each of the option periods.
About the Investment
✓ Long-Term, Absolute Triple Net (NNN) Lease | Over 15 Years Remaining
✓ World’s Largest Seafood Restaurant | Serving Customers in 11 Countries
✓ Corporate Guaranty | Over 640 locations in North America
✓ Strong Inflation Hedge | Attractive 2.0% Annual Increases
✓ Ideal Demographics | Population Exceeds 770,900 Within a Ten-Mile Radius
✓ The Shoppes at Parma Located Down the Road | Several Anchor Tenants
Talk to the pros
Similar Properties
Dollar General
150 South 1st Street, Parma, Ohio, 72565
Dollar General Market
800 East Main Street, Parma, Ohio, 72638
Dollar General
12051 Hwy 62 East, Parma, Ohio, 72544
Sonic
2470 Shorter Ave, Parma, Ohio, 30165