Red Lobster 4220 24th Ave

Investment Highlights

Executive Summary

Prime location!5,803 sf located in the heart of retail corridor positioned along 24th Ave (25,000+ VPD) with large pylon signage to increase visibility. Positioned as an outlot to Lowe?s and surrounded by major Big Box retailers including Target, Meijer, The Home Depot and Walmart. Large 1.53-acre parcel with abundant parking. Currently vacant, previously occupied by restaurant tenant. Also available for lease.

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Fast Food General Retail Freestanding Restaurant
• Building Size    5,803
• Building Class    B
• Year Built    2001
• Price    2,350,000
• Price Per SF    405
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.09
• Land Acres    1.53 AC

• Bus Line
• Pylon Sign
• Restaurant
• Security System
• Signage
• Air Conditioning