1420 S Main St - Restaurant FOR SALE
Adrian, MI 49221 |
1420 S Main St
Adrian, MI 49221
HIGHLIGHTS
- Absolute NNN Lease – zero landlord responsibilities
- Over 17 years remaining on lease
- Attractive 2% annual increases
- Corporate Guaranty (Red Lobster Intermediate Holdings LLC)
- Red Lobster is the largest seafood restaurant company in the world
- Located in the retail hub of Adrian with nearby tenants such as Walmart, Lowe's, Meijer, Hobby Lobby, Big Lots, etc.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Absolute NNN Red Lobster - Adrian MI
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
6170
STORIES
1
YEAR BUILT
1991
SPRINKLERS
-
PARKING SPACES
80
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
XA0-752-0010-03
