Red Lobster 3360 Camp Creek Pky

3360 Camp Creek Pky , Atlanta, Georgia, 30344 | 7,872 sq.f | $ 8,735,000

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About This Restaurant

Investment Highlights

Long-Term, Absolute Triple Net (NNN) Lease | Over 15 Years Remaining World?s Largest Seafood Restaurant | Serving Customers in 11 Countries Outparcel to Camp Creek Marketplace | Large Shopping Center with Several Anchor Tenants

Executive Summary

NNN Pro Group is pleased to present the Red Lobster located at 3360 Camp Creek Parkway in Atlanta, GA. The site consists of roughly 7,872 rentable square feet of building space on an estimated 1.89-acre parcel of land. This property is subject to an absolute triple net (NNN), which expires on July 31, 2039. The rent is scheduled to increase by 2% annually every and in each of the option periods.

Property Details

  • Sale Type    Investment NNN
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    7,872
  • Building Class    B
  • Year Built    2005
  • Price    8,735,000
  • Price Per SF    1,110
  • Cap Rate    7
  • NOI    611,404
  • Percent Leased    100
  • Building Height    1 Story
  • Building FAR    0.10
  • Land Acres    1.89 AC

Nearby Amenities & Transportation

Retail Regions Bank
Retail Chase
Retail Olive Garden
Retail Panda Express
Retail Red Lobster
Retail WNB Factory
Retail Longhorn Steakhouse
Retail LA Fitness
Retail Five Guys
Retail Chili's

Property Taxes

Parcel Number 14-0255-LL-043-4 Improvements Assessment $576,296
Land Assessment $506,344 Total Assessment $1,082,640
Date Created: 2024-07-16 04:13:35 Last Updated: 2024-07-16 04:13:35
Address: 3360 Camp Creek Pky , Atlanta, Georgia, 30344