Red Lobster Triple-Net
2968 E Texas St Bossier City, LA 71111
2968 E Texas St, Bossier City, LA, 71111
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For Sale
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Absolute triple-net leased Red Lobster with roughly 8,500 rentable square feet on an estimated 1.98-acre site.
Property Size8,500 SF
Lot Size1.98 Acres
Days on Market102
Property Features for 2968 E Texas St
General Information
- Standard status
- Active
- Size
- 8,500 SF
- Lot size
- 1.98 Acres
- Property subtype
- Retail
Listing agency
SURMOUNT
(332) 345-4222
Listed by
Glen Kunofsky · License #NY 49KU1129178
Source
Crexi
Added: Apr 12 Updated: Jul 22 at 5:29AM Checked: Jul 22 at 5:29AM
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 offering features a Red Lobster restaurant property subject to an absolute triple-net (NNN) lease with a remaining term of 26.5 years, which commenced July 28, 2014. The building includes roughly 8,500 rentable square feet, situated on an estimated 1.98-acre parcel of land.
The lease includes scheduled rent increases of 2.00% annually throughout the base term and each of the four (4) five-year renewal options.
The asset is presented as a single-tenant, NNN investment with ongoing lease payments governed by the lease terms described above.
The lease includes scheduled rent increases of 2.00% annually throughout the base term and each of the four (4) five-year renewal options.
The asset is presented as a single-tenant, NNN investment with ongoing lease payments governed by the lease terms described above.
Key Highlights
- Absolute triple‑net (NNN) leased Red Lobster at 2968 East Texas Avenue in Bossier City, LA
- Roughly 8,500 rentable SF building on an estimated 1.98‑acre parcel
- 26.5‑year absolute NNN lease commenced July 28, 2014
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Absolute triple-net leased Red Lobster with roughly 8,500 rentable square feet on an estimated 1.98-acre site.
Where is this nnn property located?
The property is located at 2968 E Texas St Bossier City, LA.
What are key features of this property?
This property features: Absolute triple‑net (NNN) leased Red Lobster at 2968 East Texas Avenue in Bossier City, LA; Roughly 8,500 rentable SF building on an estimated 1.98‑acre parcel; 26.5‑year absolute NNN lease commenced July 28, 2014
