Red Lobster
Richmond, Virginia
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NNN Pro Group is pleased to present the Red Lobster located at 8009 West Broad Street in Richmond, VA. The site consists of roughly 8,417 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.
✓ Long-Term, 25-Year 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 577,700 Within a Ten-Mile Radius
✓ Prime Location | Several Anchor Tenants | Lowe’s, Kroger, Costco, Sams Club, Publix
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