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Triple-Net Red Lobster Restaurant
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12180 Amargosa Road, Victorville, CA 92392

Fee simple absolute triple net Red Lobster property with a long-term lease featuring multiple extension options.

Property SizeContact for details
Days on Market134

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 Changed: Aug 8 Last Checked: Jul 21 at 3:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group Los Angeles

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.

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

Current Use

Red Lobster Restaurant

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Big Box & Wholesale Store Storage Facility Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,098
Businesses Nearby
753k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 30% Dining 27% Shops & Services 18% Groceries 13%
DICK'S Sporting Goods Apparel
78,601 visits/mo 0.1 miles
Macy's Apparel
70,455 visits/mo 0.2 miles
Vallarta Supermarket Groceries
67,702 visits/mo 0.5 miles
Barnes & Noble Shops & Services
61,673 visits/mo 0.1 miles
JCPenney Apparel
50,543 visits/mo 0.1 miles

Demographics for 92392, CA

62,294
Population
18,077
Households
3.4
Avg Household Size
32
Median Age
13%
College-Educated
79%
High-School Grad
37.3 sq mi
ZIP Area
1,670
Density / Sq Mi
$81,652
Median Household Income
$36,726
Median Earnings
$1,790
Median Rent
$365,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

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
More about this property
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