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1553 N Dixie Hwy
Monroe, MI 48162

Absolute NNN Red Lobster - Monroe MI · Retail Property For Sale

Investment Highlights

  • Absolute NNN Lease – zero landlord responsibilities
  • Attractive 2% annual increases
  • Red Lobster is the largest seafood restaurant company in the world
  • Over 17 years remaining on lease
  • Corporate Guaranty (Red Lobster Intermediate Holdings LLC)
  • Located at the intersection of I-75 and Dixie Hwy with frontage on N Dixie Hwy

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,069 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.18 AC
Zoning
Commerical
Parking
65 Spaces (12.89 Spaces per 1,000 SF Leased)
Frontage
239 FT on Dixie Hwy

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage

PROPERTY TAXES

  • Listing ID: 27309836

  • Date on Market: 12/14/2022

  • Last Updated:

  • Address: 1553 N Dixie Hwy, Monroe, MI 48162