Triple-Net Red Lobster
12180 Amargosa Road Victorville, CA 92392
12180 Amargosa Road, Victorville, CA, 92392
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For Sale
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Fee simple absolute triple net Red Lobster property with a long-term lease featuring multiple extension options.
Days on Market102
Property Features for 12180 Amargosa Road
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
Sands Investment Group Los Angeles
Listed by
Adam Scherr · License #CA 01925644
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 3:07PM Checked: Jul 21 at 3:07PM
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Investment Insights
Based on property information with market context.
Sands Investment Group is pleased to offer the fee simple interest (land and building) in an absolute triple net (NNN) Red Lobster restaurant property. The property is corporately leased to Red Lobster Restaurants, LLC, with 16+ years remaining in the initial lease term and four 5-year options to extend. The lease includes 2% annual rental increases during the initial term and option periods.
The restaurant is located off I-15, which the remarks state sees over 100,000 vehicles per day, and directly on Amargosa Road, which the remarks state sees over 20,000 vehicles per day. The site is also described as an outparcel to the Mall of Victor Valley, a 663,995 SF regional mall anchored by Dick's Sporting Goods, Macy's, JCPenny, and Cinemark Movie Theaters, with nearby national tenants including Walmart Supercenter, Lowe's Home Improvement, and Kohl's.
The offer includes the land and building under an absolute NNN lease structure with the stated schedule of annual rental increases.
The restaurant is located off I-15, which the remarks state sees over 100,000 vehicles per day, and directly on Amargosa Road, which the remarks state sees over 20,000 vehicles per day. The site is also described as an outparcel to the Mall of Victor Valley, a 663,995 SF regional mall anchored by Dick's Sporting Goods, Macy's, JCPenny, and Cinemark Movie Theaters, with nearby national tenants including Walmart Supercenter, Lowe's Home Improvement, and Kohl's.
The offer includes the land and building under an absolute NNN lease structure with the stated schedule of annual rental increases.
Key Highlights
- Fee simple absolute triple net (NNN) Red Lobster property in Victorville, CA
- Red Lobster Restaurants, LLC lease includes 16+ years remaining in the initial term plus four 5‑year extension options
- Lease has 2% annual rental increases during the initial term and option periods
Property Analytics
Location Intelligence
Current Use by Public Records
Red Lobster
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Fee simple absolute triple net Red Lobster property with a long-term lease featuring multiple extension options.
Where is this nnn property located?
The property is located at 12180 Amargosa Road Victorville, CA.
What are key features of this property?
This property features: Fee simple absolute triple net (NNN) Red Lobster property in Victorville, CA; Red Lobster Restaurants, LLC lease includes 16+ years remaining in the initial term plus four 5‑year extension options; Lease has 2% annual rental increases during the initial term and option periods
