Red Lobster NNN
For Sale
Contact for pricing
Pending
6550 Tara Blvd, Jonesboro, GA 30236
Restaurant property leased under a long-term triple-net structure with renewal options and scheduled rent increases.
Property SizeContact for details
Days on Market144
Property Features for 6550 Tara Blvd
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 10
Changed: Aug 29
Last Checked: Aug 29 at 4:47PM
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.
The property is an 11,270-square-foot Red Lobster restaurant positioned on approximately 2.00 acres at 6550 Tara Boulevard in Jonesboro, Georgia. The asset is occupied under a 25-year triple-net lease, with roughly 21 years remaining on the current term.
Contractual rent increases are set at two percent annually, including the renewal periods. The lease provides four tenant renewal options, each lasting five years. The property combines an established restaurant use with a long-duration lease structure and a defined extension schedule.
Contractual rent increases are set at two percent annually, including the renewal periods. The lease provides four tenant renewal options, each lasting five years. The property combines an established restaurant use with a long-duration lease structure and a defined extension schedule.
Key Highlights
- 11,270‑square‑foot Red Lobster restaurant on approximately 2.00 acres
- 25‑year triple‑net lease with roughly 21 years remaining
- Two percent annual rent increases, including renewal periods
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
815
Businesses Nearby
192k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 70%
Shops & Services 22%
Office Supplies 5%
Electronics 1%
McDonald's
Dining
21,511 visits/mo
0.3 miles
Starbucks
Dining
19,686 visits/mo
0.1 miles
Dunkin' Donuts
Dining
17,083 visits/mo
0.2 miles
Burger King
Dining
14,875 visits/mo
0.3 miles
Dollar Tree
Shops & Services
13,577 visits/mo
0.2 miles
Demographics for 30236, GA
50,446
Population
19,230
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
84%
High-School Grad
32.4 sq mi
ZIP Area
1,557
Density / Sq Mi
$68,867
Median Household Income
$36,501
Median Earnings
$1,233
Median Rent
$219,700
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 - Restaurant property leased under a long-term triple-net structure with renewal options and scheduled rent increases.
Where is this nnn property located?
The property is located at 6550 Tara Blvd Jonesboro, GA.
What are key features of this property?
This property features: 11,270‑square‑foot Red Lobster restaurant on approximately 2.00 acres; 25‑year triple‑net lease with roughly 21 years remaining; Two percent annual rent increases, including renewal periods
