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Investment Details
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RED LOBSTER
St. Cloud |
Minnesota
Highlights
• Corporate guaranteed triple net lease with 21 years remaining. • 2% annual increases with three 5-year renewal options. • Located in a dense retail shopping hub on Division Street with traffic counts of 34,000 VPD. • St. Cloud area is home to 3 universities. • Less than a mile from Crossroads Center, an 890,000 square-foot enclosed mall. • Red Lobster is the sixth largest casual dining concept in North America.
|
RED LOBSTER
St. Cloud |
Minnesota
|
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Highlights
• Corporate guaranteed triple net lease with 21 years remaining. • 2% annual increases with three 5-year renewal options. • Located in a dense retail shopping hub on Division Street with traffic counts of 34,000 VPD. • St. Cloud area is home to 3 universities. • Less than a mile from Crossroads Center, an 890,000 square-foot enclosed mall. • Red Lobster is the sixth largest casual dining concept in North America.
Investment Details
|