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Red Lobster

Branson, Missouri

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The NNN Pro Group is pleased to present the exclusive listing for the Red Lobster located at 3559 Shepherd Of The Hills Exp, Branson, MO 65616. The site will consist of roughly 6,714 rentable square feet of building space on an estimated 2.69-acre parcel of land. The Red Lobster is subject to an absolute triple-net (NNN) lease that commenced on 7/28/2014. The annual rent will be $301,659 in August 2024 and is scheduled to increase by 2% Annually throughout the base term and continuing through 4, 5-Year Renewal Options.

✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Over 20 Years Remaining on the Base Term
✓ Attractive Two Percent (2%) Annual Rental Increases
✓ Four (4), Five (5)-Year Tenant Renewal Options
✓ Red Lobster Corporate Guarantee (700+ Restaurants)

Key Details

Price:
$4,309,419
Cap Rate:
7.00%
Annual Rent:
$301,659
Address:
3559 Shepherd Of The Hills Exp, Branson, Missouri 65616
Property Type:
Retail
Lease Type:
Triple Net (NNN

Lease Commencement:
July 28, 2014
Lease Expiration:
July 31, 2044
Lease Term Remaining:
20.4 Years
Rental Increases:
2% Annually
Lot Size:
2.69 Acres
Building Size:
6,714 SF
Year Built:
2000
Tenant:
Red Lobster

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Matthew Anuszkiewicz

License: 10401294046

Robert Stein

License: 10401341647

Andrew Darby

Broker of record

Brian Brockman

Bang Realty-Missouri, Inc

License: 2017032771


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