The Kase Group is pleased to present the opportunity to purchase a well established Red Robin location in Rogers, Arkansas with a new 15 year absolute NNN lease. The recently extended lease calls for zero landlord obligations and is corporately guaranteed by Red Robin. There are 10% increases every 5 years throughout the initial term and options, and four 5-year renewal options.
The site benefits from its strategic location along W Walnut St (28,000 VPD) and near the Interstate 49 corridor (100,000+ VPD), which locals call “restaurant row” due to the concentration of popular dining and shopping options in the area.
The building sits adjacent to the Scottsdale Center, a 318,404 square foot strip mall featuring key tenants including Belk, Ross Dress for Less, Dollar Tree, Staples, Petco, and Barnes & Noble. Other nearby tenants include Big Lots, Marshalls & HomeGoods, Bealls, Chick-fil-A, Office Depot, Sonic Drive-In, AT&T Store, IHOP, Outback Steakhouse, Firestone Complete Auto Care, and more.