Red Lobster

Red Lobster

RED LOBSTER
Fayette County, PA

PRICE $2,480,000
GLA 6,592 SF
PROPERTY TYPE Retail
CAP RATE 5.0%
LEASE TYPE NNN
LEASE EXPIRATION May 2027
YEAR BUILT n/a
DEMOGRAPHICS
Total Population
1 – mi. – 5,192
3 – mi. – 26,698
5 – mi. – 39,241
More info in the flyer

INVESTMENT HIGHLIGHTS

  • Tenant has ten years remaining on lease
  • Average daily traffic counts in excess of 53,000.
  • Red Lobster commenced their lease back in 1991
  • Health ratio of 3.1%
  • The company has operations in Canada, Malaysia, Saudi Arabia, the United Arab Emirates, Qatar, Mexico, and Japan

City:Fayette County
State:PA
Square Feet:6,592 SF
Price:$2,480,000
Cap Rate:5.0%

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