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1400 Howe Ave Sacramento, CA 95825

For Sale
Contact for pricing

NNN leased Red Lobster with annual rent increases.

Property size:
9,200 SF
Lot size:
1.68 Acres

Property Features for 1400 Howe Ave

General Information

Size
9,200 SF
Lot size
1.68 Acres

Source: Colliers | Sacramento Agent Mark Engemann

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Sacramento Restaurant NNN Investment Opportunity

This offering features a Red Lobster restaurant for sale, situated at 1400 Howe Avenue in Sacramento, California. The property includes approximately 9,200 square feet of rentable building space on an estimated 1.64-acre parcel of land. The Red Lobster is operating under a 20-year absolute triple-net (NNN) lease, which began on October 28th, 2015. The current annual rent is $505,112, with scheduled increases of 2% annually throughout the base term and in each of the four, 5-year renewal options.
Insight Report Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Sacramento
County
Sacramento
State
California
Longitude
-121.4145165
Latitude
38.5911414

FAQs

What type of property is this?
Conventional restaurant - NNN leased Red Lobster with annual rent increases.
Where is this conventional restaurant located?
The property is located at 1400 Howe Ave Sacramento, CA.
What are key features of this property?
This property features: - Absolute Triple-Net (NNN) Lease: A hands-off investment.; - Long-Term Lease: Stable income with a 20-year lease commenced in 2015.; - Annual Rent Increases: Rent increases by 2% annually.
More about this property
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