Red Lobster Triple-Net Restaurant
For Sale
Contact for pricing
2077 Riverside Dr, Macon, GA 31204
Freestanding restaurant property with an absolute triple-net lease providing scheduled 2% annual rent increases.
Property Size9,638 SF
Lot Size1.48 Acres
Days on Market132
Property Features for 2077 Riverside Dr
General Information
Standard status
Active
Size
9,638 SF
Lot size
1.48 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 8:58PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
This Red Lobster property is offered as a triple-net (NNN) investment. The site includes an approximately 9,638 rentable-square-foot building on an estimated 1.48-acre parcel and is covered by a 25-year absolute triple-net lease that commenced December 17, 2015.
The current annual rent is scheduled to increase by 2% annually throughout the base term and in each of the four, five-year renewal options.
The offering is structured around the leased restaurant building and underlying land as the NNN investment basis.
The current annual rent is scheduled to increase by 2% annually throughout the base term and in each of the four, five-year renewal options.
The offering is structured around the leased restaurant building and underlying land as the NNN investment basis.
Key Highlights
- Red Lobster freestanding restaurant at 1725 Rainbow Drive, Gadsden, AL
- Approximately 9,638 rentable SF building on an estimated 1.48‑acre parcel
- 25‑year absolute triple‑net (NNN) lease commenced December 17, 2015
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
242
Businesses Nearby
18k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Dining 32%
Home Improvements & Furnishings 4%
Shell
Shops & Services
7,475 visits/mo
0.1 miles
Red Lobster
Dining
5,859 visits/mo
0.0 miles
Riverside Ford
Shops & Services
3,947 visits/mo
0.0 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
792 visits/mo
0.1 miles
Demographics for 31204, GA
30,512
Population
15,578
Households
2
Avg Household Size
38
Median Age
22%
College-Educated
84%
High-School Grad
14.6 sq mi
ZIP Area
2,090
Density / Sq Mi
$38,478
Median Household Income
$32,586
Median Earnings
$917
Median Rent
$123,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding restaurant property with an absolute triple-net lease providing scheduled 2% annual rent increases.
Where is this nnn property located?
The property is located at 2077 Riverside Dr Macon, GA.
What are key features of this property?
This property features: Red Lobster freestanding restaurant at 1725 Rainbow Drive, Gadsden, AL; Approximately 9,638 rentable SF building on an estimated 1.48‑acre parcel; 25‑year absolute triple‑net (NNN) lease commenced December 17, 2015
