6231 Sunrise Blvd, Citrus Heights, CA 95610
Red Lobster is offered subject to a long-term absolute triple-net lease with scheduled 2% annual rent increases.
Property Features for 6231 Sunrise Blvd
General Information
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Based on property information with market context.
This property is subject to a long-term absolute triple-net (NNN) lease that commenced October 28, 2015. The current annual rent is $473,156, and rent is scheduled to increase by 2% annually throughout the base term and in each of the four, five-year renewal options.
The asset is structured as an absolute NNN investment, with the lease terms governing ongoing obligations per the seller-provided lease information.
Key Highlights
- Red Lobster at 6231 Sunrise Boulevard in Citrus Heights, CA
- 8,658 rentable SF on an estimated 0.92‑acre parcel
- Long‑term absolute triple‑net (NNN) lease commenced October 28, 2015
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