Red Lobster
Property ID #: 18926
Tenant Name: Red Lobster
Street Address:
City: Woodbridge
State: VA
Zip: 22192
COMPANY DESCRIPTION
Red Lobster is the largest seafood restaurant concept in the world and is an iconic full-service brand with broad demographic appeal and significant advertising budget. The Company was founded in 1968 and currently operates 704 restaurants throughout the United States and Canada and has 43 franchised restaurants in international markets. Red Lobster is led by an experienced management team with a history of success leading the brand (average 27+ years’ experience across executive team). The company generates $2.5 billion in revenue and is the 5th largest casual dining concept in North America.
Website: www.redlobster.com
Sector: Casual Dining
FINANCIAL PROFILE
Price: $6,912,208
NOI:
Cap Rate: 5.75
Price PSF: N/A
Rent PSF: N/A
Credit Rating (S&P): NR
LEASE ABSTRACT
Lease Type: NNN
Years Remaining: 18
Initial Term Increases:
Initial Term Lease Begin: 0000-00-00
Initial Term Lease Expiration: 0000-00-00
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PROPERTY OVERVIEW
Type of Ownership:
Year Built: 0000
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Gross Leasable Area (GLA):
Building Size (SFT) : 7024
Lot AC :
DEMOGRAPHICS
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