Seri Bryant

Associate

818.212.2655

"

The quality of your thinking determines the quality of your life. "

Danny Abergel

Senior Associate

CA BRE: 01797904

818.212.2715

"

Beware of the little expenses. A small leak can sink a great ship."

Rebekah Zweiban

Senior Research Analyst

818.212.2731

"

Two things define you. Your patience when you have nothing, and your attitude when you have everything."

Ezra Orr

Senior Director, Digital Development

818.212.2730

"

The only person you should try to be better than is the person you were yesterday."

Jesica Ocheltree

Operations Manager

818.212.2730

"

Happiness is a choice, not a result. "

Kathy Magallanes

Certified Agent Support Specialist

"

Success is not in what you have, but who you are."

Red Lobster

8909 US Highway 19, Port Richey, FL 34668

Price:
$3,167,409
CAP Rate:
6.10%
NOI:
$193,212
Net Rentable Area:
8,125 SF
Lot Size:
1.84 Acres
Year Built:
1994 / 2010
Status:
Available

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

Property Details

  • Long term corporate guaranteed true NNN lease
  • No landlord responsibilities
  • 2% annual rent bumps to commence in less than 24 months hedges against inflation
  • Tenant is owned by Private Equity Firm Golden Gate Capital with over $14(bil) in asset management
  • Location was renovated in 2010, showing Tenant’s commitment to the location

RECENT LISTINGS