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12235 Saint Charles Rock Road, Bridgeton, MO , 63044
  • Size SF 8,534
  • Built/Renov1973/2012
  • Price/SF$566
  • Lease Start07-28-2014
  • Rent/SF$45.27
  • Lease Type Abs NNN
  • Lot/AC1.67
  • Pop 5MI142,756

4,829,702

  • Cap Rate 8.00%
  • NOI $386,376
  • R. Term/Yrs 9.7
  • Guarantor Corporate
  • # Units 547
  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Shopping Ctr out-parcel

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Red Lobster has 9+ years remaining on the current lease term with 4 (5-year) options to extend
  • The lease features 2% annual rental increases throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Red Lobster
  • Guarantor Corporate
  • #Units 547
  • Stock Private

Red Lobster is a leading casual dining seafood chain known for its iconic Cheddar Bay Biscuits and extensive seafood menu offerings, including shrimp, lobster, crab, and fresh fish. With over 500 locations across the United States as of 2024, Red Lobster remains a popular destination for seafood lovers. The chain is focused on maintaining quality and sustainability, sourcing its seafood from certified suppliers. Despite facing financial challenges, Red Lobster continues to appeal to investors due to its brand recognition, expansive footprint, and ongoing efforts to streamline operations through restructuring. This strategy aims to optimize its footprint and improve profitability, positioning the chain for future growth opportunities. The corporate headquarters of Red Lobster is located in Orlando, Florida.

...
26320 US Highway 19 North, Clearwater, FL , 33761
  • Size SF 7,270
  • Built/Renov1995
  • Price/SF$564
  • Lease Start12-17-2015
  • Rent/SF$35.26
  • Lease Type Abs NNN
  • Lot/AC1.28
  • Pop 5MI234,749

4,101,008

  • Cap Rate 6.25%
  • NOI $256,313
  • R. Term/Yrs 14.7
  • Guarantor Corporate
  • # Units 700
  • Build to suit

  • High traffic 50M+ VPD

  • Highway location

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • Corporate Guarantee

  • ...
  • Red Lobster has 15+ years remaining on the current lease term with 4 (5-year) options to extend
  • The lease features 2% annual rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Red Lobster
  • Guarantor Corporate
  • #Units 700
  • Stock Private

Red Lobster is the largest seafood restaurant concept in the world and is an iconic full-service brand with broad demographic appeal. The company was founded in 1968 and today operates 700+ restaurants throughout the U.S. and Canada and has 40+ franchised restaurants in international markets. In 2020, a group led by Thai Union Group (TUG) acquired Red Lobster from Golden Gate Capital. The new ownership group now includes TUG, current Red Lobster management, and a newly formed investment group, Seafood Alliance, which is led by two prominent global restaurant operators. They are headquartered in Orlando, FL.

Thai Union Group Public Company Limited (OTCMKTS: TUFBY), together with its subsidiaries, manufactures and sells frozen, chilled, and canned seafood in Thailand and internationally. Sales during 2022 reached an all-time high of $155.6B, a 10.3% year-on-year increase.

...
12235 St Charles Rock Rd, Bridgeton, MO , 63044
  • Size SF 8,534
  • Built/Renov1973/2012
  • Price/SF$600
  • Lease Start07-31-2019
  • Rent/SF$44.38
  • Lease Type Abs NNN
  • Lot/AC1.67
  • Pop 5MI143,041

5,124,551

  • Cap Rate 7.39%
  • NOI $378,780
  • R. Term/Yrs 9.7
  • Guarantor Corporate
  • # Units 700
  • Dense retail corridor

  • Near major nationals

  • Shopping Ctr out-parcel

  • Hospital close

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Red Lobster has 10 years remaining on the current lease term with 4 (5-year) options to extend
  • Lease features 2% annual rental increases throughout the initial term and each option period
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Red Lobster
  • Guarantor Corporate
  • #Units 700
  • Stock Private

Red Lobster is the largest seafood restaurant concept in the world and is an iconic full-service brand with broad demographic appeal. The company was founded in 1968 and today operates 700+ restaurants throughout the U.S. and Canada and has 40+ franchised restaurants in international markets. In 2020, a group led by Thai Union Group (TUG) acquired Red Lobster from Golden Gate Capital. The new ownership group now includes TUG, current Red Lobster management, and a newly formed investment group, Seafood Alliance, which is led by two prominent global restaurant operators. They are headquartered in Orlando, FL.

Thai Union Group Public Company Limited (OTCMKTS: TUFBY), together with its subsidiaries, manufactures and sells frozen, chilled, and canned seafood in Thailand and internationally. Sales during 2022 reached an all-time high of $155.6B, a 10.3% year-on-year increase.

...
407 West Eisenhower Drive, Hanover, PA , 17331
  • Size SF 5,120
  • Built/Renov1997/2012
  • Price/SF$780
  • Lease Start08-01-2018
  • Rent/SF$54.61
  • Lease Type Abs NNN
  • Lot/AC1.00
  • Pop 5MI65,958

3,994,000

  • Cap Rate 7.00%
  • NOI $279,587
  • R. Term/Yrs 19.7
  • Guarantor Corporate
  • # Units 700
  • Signalized intersection

  • Dense retail corridor

  • Near major nationals

  • Shopping Ctr out-parcel

  • Strategically located

  • Affluent suburb location

  • Long 20+ yr lease

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Red Lobster has 20+ years remaining on the current lease term with 3 (5-year) options to extend
  • Lease features 2% annual rent increases throughout the initial term and in each option period
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Red Lobster
  • Guarantor Corporate
  • #Units 700
  • Stock Private

Red Lobster is the largest seafood restaurant concept in the world and is an iconic full-service brand with broad demographic appeal. The company was founded in 1968 and today operates 700+ restaurants throughout the U.S. and Canada and has 40+ franchised restaurants in international markets. In 2020, a group led by Thai Union Group (TUG) acquired Red Lobster from Golden Gate Capital. The new ownership group now includes TUG, current Red Lobster management, and a newly formed investment group, Seafood Alliance, which is led by two prominent global restaurant operators. They are headquartered in Orlando, FL.

Thai Union Group Public Company Limited (OTCMKTS: TUFBY), together with its subsidiaries, manufactures and sells frozen, chilled, and canned seafood in Thailand and internationally. Sales during 2022 reached an all-time high of $155.6B, a 10.3% year-on-year increase.

...
3564 Springdale Road, Cincinnati, OH , 45251
  • Size SF 7,641
  • Built/Renov1975
  • Price/SF$591
  • Lease Start09-01-2023
  • Rent/SF$39.92
  • Lease Type Abs NNN
  • Lot/AC2.03
  • Pop 5MI156,071

4,519,000

  • Cap Rate 6.75%
  • NOI $305,009
  • R. Term/Yrs 20.2
  • Guarantor Corporate
  • # Units 700
  • Oversized lot

  • Major thoroughfare

  • Strategically located

  • Highway close

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Red Lobster recently signed a brand new 21.5-year lease with 4 (5-year) options to extend
  • Lease features 2% annual rental increases throughout the initial term and during each option
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guarantee by Thai Union Group PCL
  • Tenant Red Lobster
  • Guarantor Corporate
  • #Units 700
  • Stock Private

Red Lobster is the largest seafood restaurant concept in the world and is an iconic full-service brand with broad demographic appeal. The company was founded in 1968 and today operates 700+ restaurants throughout the U.S. and Canada and has 40+ franchised restaurants in international markets. In 2020, a group led by Thai Union Group (TUG) acquired Red Lobster from Golden Gate Capital. The new ownership group now includes TUG, current Red Lobster management, and a newly formed investment group, Seafood Alliance, which is led by two prominent global restaurant operators. They are headquartered in Orlando, FL. Thai Union Group Public Company Limited (OTCMKTS: TUFBY), together with its subsidiaries, manufactures and sells frozen, chilled, and canned seafood in Thailand and internationally. Sales during 2022 reached an all-time high of $155.6B, a 10.3% year-on-year increase.

...
5015 Kietzke Lane, Reno, NV , 89509
  • Size SF 7,303
  • Built/Renov2007
  • Price/SF$773
  • Lease Start10-28-2015
  • Rent/SF$48.29
  • Lease Type Abs NNN
  • Lot/AC1.29
  • Pop 5MI186,125

5,642,000

  • Cap Rate 6.25%
  • NOI $352,632
  • R. Term/Yrs 19.10
  • Guarantor Corporate
  • # Units 700
  • In location for years

  • High traffic 50M+ VPD

  • Freeway close

  • Dense 100M+ pop 5 mi

  • Strong demographics

  • Major MSA

  • Income tax free state

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Long-term lease with over 21 years remaining due to a recent 5-year extension with 4 (5-year) options to extend
  • The lease features an annual rental increase of 1% through August 2027 at which point it increases to 2% for the remainder of the term
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate signature by Red Lobster Hospitality LLC
  • Tenant Red Lobster
  • Guarantor Corporate
  • #Units 700
  • Stock Private

Red Lobster is the largest seafood restaurant concept in the world and is an iconic full-service brand with broad demographic appeal. The company was founded in 1968 and today operates 700+ restaurants throughout the U.S. and Canada and has 40+ franchised restaurants in international markets. In 2020, a group led by Thai Union Group (TUG) acquired Red Lobster from Golden Gate Capital. The new ownership group now includes TUG, current Red Lobster management, and a newly formed investment group, Seafood Alliance, which is led by two prominent global restaurant operators. They are headquartered in Orlando, FL.
Thai Union Group Public Company Limited (OTCMKTS: TUFBY), together with its subsidiaries, manufactures and sells frozen, chilled, and canned seafood in Thailand and internationally. Sales during 2022 reached an all-time high of $155.6B, a 10.3% year-on-year increase.

...
2920 West Division Street, St. Cloud, MN , 56301
  • Size SF 8,561
  • Built/Renov1990/2010
  • Price/SF
    $687
    $734
  • Lease Start07-28-2014
  • Rent/SF$47.73
  • Lease Type Abs NNN
  • Lot/AC1.17
  • Pop 5MI104,687
5,879,352
6,286,385
  • Cap Rate
    6.95%
     
    6.50%
  • NOI $408,615
  • R. Term/Yrs 19.7
  • Guarantor Corporate
  • # Units 700
  • Hard corner intersection

  • Dense retail corridor

  • Strategically located

  • Freeway close

  • Dense 100M+ pop 5 mi

  • Strong demographics

  • Long 20+ yr lease

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Red Lobster has a 30+ operating history at this location
  • The tenant has 21 years remaining on its current lease with 3 (5-year) options to extend
  • Lease features 2% annual rental increases every throughout the initial term and at each option period
  • Absolute NNN with zero landlord responsibilities
  • Corporate guarantee by Thai Union Group PCL
  • Tenant Red Lobster
  • Guarantor Corporate
  • #Units 700
  • Stock Private

Red Lobster is the largest seafood restaurant concept in the world and is an iconic full-service brand with broad demographic appeal. The company was founded in 1968 and today operates 700+ restaurants throughout the U.S. and Canada and has 40+ franchised restaurants in international markets. In 2020, a group led by Thai Union Group (TUG) acquired Red Lobster from Golden Gate Capital. The new ownership group now includes TUG, current Red Lobster management, and a newly formed investment group, Seafood Alliance, which is led by two prominent global restaurant operators. They are headquartered in Orlando, FL.

Thai Union Group Public Company Limited (OTCMKTS: TUFBY), together with its subsidiaries, manufactures and sells frozen, chilled, and canned seafood in Thailand and internationally. Sales during 2022 reached an all-time high of $155.6B, a 10.3% year-on-year increase.

...
2340 Tiffin Avenue, Findlay, OH , 45840
  • Size SF 6,015
  • Built/Renov1991
  • Price/SF
    $479
    $519
  • Lease Start08-01-2019
  • Rent/SF$31.15
  • Lease Type Abs NNN
  • Lot/AC1.57
  • Pop 5MI49,730
2,882,997
3,123,246
  • Cap Rate
    6.50%
     
    6.00%
  • NOI $187,394
  • R. Term/Yrs 14.7
  • Guarantor Corporate
  • # Units 670
  • In location for years

  • Major thoroughfare

  • Dense retail corridor

  • WalMart out-parcel

  • Highway location

  • Affluent suburb location

  • Long 15+ yr lease

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Red Lobster has a 32+ year operating history at this location
  • The tenant has over 16 years remaining on its current lease with 4 (5-year) options to extend
  • The lease provides for a rental increase of 2% annually throughout the initial term and option periods
  • Absolute NNN with zero responsibilities
  • Corporate guarantee by Thai Union Group PCL
  • Tenant Red Lobster
  • Guarantor Corporate
  • #Units 670
  • Stock Private

Red Lobster is the largest seafood restaurant concept in the world and is an iconic full-service brand with broad demographic appeal. The company was founded in 1968 and today operates 700+ restaurants throughout the U.S. and Canada and has 40+ franchised restaurants in international markets. In 2020, a group led by Thai Union Group (TUG) acquired Red Lobster from Golden Gate Capital. The new ownership group now includes TUG, current Red Lobster management, and a newly formed investment group, Seafood Alliance, which is led by two prominent global restaurant operators. Currently Red Lobster employs over 55,000 and peak revenue reported in 2021 was approximately $2.6B. They are headquartered in Orlando, FL.

Thai Union Group Public Company Limited (OTCMKTS: TUFBY), together with its subsidiaries, manufactures and sells frozen, chilled, and canned seafood in Thailand and internationally. Sales during Q4 of 2021 reached an all-time high of $38.5B, a 15.1% year-on-year increase.

...
102 East Hall of Fame Avenue, Stillwater, OK , 74075
  • Size SF 7,800
  • Built/Renov1995
  • Price/SF
    $321
    $359
  • Lease Start08-01-2019
  • Rent/SF$22.44
  • Lease Type Abs NNN
  • Lot/AC0.58
  • Pop 5MI53,089
2,500,000
2,800,000
  • Cap Rate
    7.00%
     
    6.25%
  • NOI $175,000
  • R. Term/Yrs 14.7
  • Guarantor Corporate
  • # Units 700
  • Signalized intersection

  • Hard corner intersection

  • In location for years

  • Major thoroughfare

  • Dense retail corridor

  • Top 100 MSA

  • Long 15+ yr lease

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Red Lobster has a 28+ year operating history at this location
  • The tenant has over 16 years remaining on its current lease with 4 (5-year) options to extend
  • Tenant has 2% rent escalations on an annual basis throughout the initial term and option periods
  • Absolute NNN lease presents zero landlord responsibilities
  • Corporate guarantee by Thai Union Group PCL
  • Tenant Red Lobster
  • Guarantor Corporate
  • #Units 700
  • Stock Private

Red Lobster is the largest seafood restaurant concept in the world and is an iconic full-service brand with broad demographic appeal. The company was founded in 1968 and today operates 700+ restaurants throughout the U.S. and Canada and has 40+ franchised restaurants in international markets. In 2020, a group led by Thai Union Group (TUG) acquired Red Lobster from Golden Gate Capital. The new ownership group now includes TUG, current Red Lobster management, and a newly formed investment group, Seafood Alliance, which is led by two prominent global restaurant operators. They are headquartered in Orlando, FL.

Thai Union Group Public Company Limited (OTCMKTS: TUFBY), together with its subsidiaries, manufactures and sells frozen, chilled, and canned seafood in Thailand and internationally. Sales during 2022 reached an all-time high of $155.6B, a 10.3% year-on-year increase.

...

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