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Restaurant For Sale • 7,103 SF
| 15+ Year Absolute NNN Lease – Stable Cash Flow Asset–Zero Landlord Responsibilities – Four (5-Year) Options To Renew |
| Corporate Guaranty (Red Lobster Intermediate Holdings LLC - 540+ Units) |
| 2% Annual Rent Increases Starting August 1, 2029 Throughout the Initial Term and Option Periods, Providing a Strong Hedge Against Inflation |
| High Volume Traffic Location & Visibility From Gilmore Ave With Over 33,266 VPD+ |
| Adjacent to On/Off Ramps to Interstate 275 - Visible to over 120,000 VPD+ | Ideal Visibility and Easy Access from Major Interstate |
| Red Lobster Is Now Under New Ownership By Fortress Investment Group Which Has Closed Over 150 Poor Performing Locations |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Cincinnati/Northern Kentucky International | 54 min | - | 34.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 80 |
| Type: | Surface |
| Included in Rent: | Yes |
