1425 13th St
Columbus, GA 31901
Long Term NNN Red Lobster · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease – zero landlord responsibilities
- Over 16 years remaining on lease
- Corporate Guaranty (Red Lobster Intermediate Holdings LLC)
- Extremely low rent at $11.35/SF which is well below market
- Attractive 2% annual increases
- Red Lobster is the largest seafood restaurant company in the world
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,751 SF
Building Class
C
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.27 AC
PROPERTY TAXES
| Parcel Number | 026-006-002 | Improvements Assessment | $240,184 |
| Land Assessment | $152,216 | Total Assessment | $392,400 |
