Freestanding Red Lobster NNN
391 W Army Trail Rd Bloomingdale, IL 60108
391 W Army Trail Rd, Bloomingdale, IL, 60108
Contact for pricing
For Sale
Contact for pricing
Pending
Freestanding Red Lobster on an oversized parcel with on-site parking, offered as an absolute NNN fee-simple investment.
Lot Size2.83 Acres
Days on Market102
Property Features for 391 W Army Trail Rd
General Information
- Standard status
- Pending
- Lot size
- 2.83 Acres
- Property subtype
- Retail
Listing agency
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed by
Patrick R. Luther, CCIM · License #CA License No. 01912215
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 1:16AM Checked: Jul 21 at 12:20PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
SRS National Net Lease Group presents a fee simple acquisition opportunity in an absolute NNN leased, corporate-signed, freestanding Red Lobster restaurant property in Bloomingdale, Illinois. The tenant is Red Lobster Hospitality, LLC, with approximately 17 years remaining on the lease and four (5-year) extension options. The lease includes 2% annual rental increases throughout the initial term and option periods, and the property is structured as absolute NNN with zero landlord responsibilities.
The asset sits on W. Army Trail Rd., a major retail thoroughfare, and is reported to average 45,800 vehicles passing daily. It is also less than 2 miles from the on/off ramps to U.S. Highway 20, reported at 42,200 VPD. The property is located less than a half mile south of Stratford Square Mall and less than a mile west of Bloomingdale Court, with additional retail nearby including Stratford Crossing Shopping Center.
The offering includes an oversized 2.83-acre parcel and over 180 on-site parking stalls supporting restaurant operations.
The asset sits on W. Army Trail Rd., a major retail thoroughfare, and is reported to average 45,800 vehicles passing daily. It is also less than 2 miles from the on/off ramps to U.S. Highway 20, reported at 42,200 VPD. The property is located less than a half mile south of Stratford Square Mall and less than a mile west of Bloomingdale Court, with additional retail nearby including Stratford Crossing Shopping Center.
The offering includes an oversized 2.83-acre parcel and over 180 on-site parking stalls supporting restaurant operations.
Key Highlights
- Fee‑simple acquisition of a freestanding Red Lobster investment property on an absolute NNN lease structure
- Red Lobster Hospitality, LLC corporate‑signed lease with approximately 17 years remaining plus 4 (5‑year) options
- Lease includes 2% annual rental increases during the initial term and option periods
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Freestanding Red Lobster on an oversized parcel with on-site parking, offered as an absolute NNN fee-simple investment.
Where is this conventional restaurant located?
The property is located at 391 W Army Trail Rd Bloomingdale, IL.
What are key features of this property?
This property features: Fee‑simple acquisition of a freestanding Red Lobster investment property on an absolute NNN lease structure; Red Lobster Hospitality, LLC corporate‑signed lease with approximately 17 years remaining plus 4 (5‑year) options; Lease includes 2% annual rental increases during the initial term and option periods
