Red Lobster
Merrillville, Indiana
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NNN Pro Group is pleased to present the Red Lobster located at 1450 E 82nd Ave in Merrillville Indiana. The site consists of roughly 7,942 rentable square feet of building space on an estimated 2.09-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, Absolute Triple Net (NNN) Lease | Over 15 Years Remaining
✓ Southlake Mall Located Across Mississippi St | One of Indiana’s Largest Shopping Malls With Over 160 Specialty Shops
✓ 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
✓ Ranked in the 85th Percentile Nationally on Placer.ai*
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