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
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% |