Red Lobster
Johntown, Pennsylvania
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NNN Pro is pleased to present the exclusive listing for a Red Lobster located
at 525 Galleria Drive, Johnston, PA 15904. The site consists of roughly 8,432
rentable square feet of building space on an estimated 2.57-acre parcel of
land. This Red Lobster is subject to a 25-year Triple Net (NNN) lease, which
commenced 7/28/2014. The current annual rent is $298,202 and has
scheduled increases of 2.00% Annually.
Investment Highlights:
- Long Term Triple Net (NNN) Lease | Over 15 Years Remaining
- Two Percent (2.00%) Rental Increases Annually | Strong Hedge Against Inflation
- World’s Largest Seafood Restaurant | Serving Customers in 11 Countries