Red Lobster
Columbus, Georgia
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NNN Pro is pleased to present the exclusive listing for a Red Lobster located
at 1425 13th Street, Columbus, GA 31901. The site consists of roughly 7,751
rentable square feet of building space on an estimated 1.27-acre parcel of
land. This Red Lobster is subject to a 25-year Triple Net (NNN) lease, which
commenced 12/23/2014. The current annual rent is $170,548 and has
scheduled increases of 2.00% Annually.
About the Investment:
Strong Rental Increases
2.00% Annually In Base Term and Options
Long Term NNN Lease
Original 25 Year Lease With Approximately 15.4 Years Remaining
Strong Demographics
Over 165,100 Individuals Residing Within a Five-Mile Radius