Brisky Net Lease is pleased to announce the sale of a triple net lease Red Lobster. This ideal NNN investment is located in the thriving Twin Cities MSA.
Brisky Net Lease was the only broker involved in this off-market sale. The property featured a long-term, international tenant and a triple net lease with annual rent bumps. This investment sale created an ideal opportunity for a 1031 exchange buyer.
For more information on our off-market opportunities, please contact us at info@brisky.wordkeeper.net
From RedLobster.com:
Red Lobster is the world’s largest and most-loved seafood restaurant company, headquartered in Orlando, Fla. With a proud heritage and an even brighter future, Red Lobster is focused on serving the highest quality, freshly prepared seafood that is traceable, sustainable and responsibly-sourced. In 2021, Red Lobster was named to Forbes magazine’s list of America’s Best Large Employers and Newsweek magazine’s list of America’s Best Loyalty Programs. What was once a single, family-owned restaurant in Lakeland, Florida, now has over 700 locations around the world.