Red Robin 1375 W Elliot Rd

Investment Highlights

EXCELLENT PROPERTY VISIBILITY: Subject property features direct frontage on Elliot Rd, sees over 56,000 VPD, and is less than a mile from I-10 HIGH DAYTIME EMPLOYMENT: Over 170,000 employees work within a 2 mile radius of the property, large employers include Swire Coco-Cola, Honeywell & more PRIMARY RETAIL INFILL CORRIDOR: The site is a Costco outparcel and is by national retailers including Walmart, The Dump, Ikea, Life Time & more DENSE RESIDENTIAL AREA: Property sits just minutes away from over 216,000 residents with an impressive house hold income of more than $98,000

Executive Summary

Costco Outparcel. 30+ year operating history

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    7,200
• Building Class    B
• Year Built/Renovated    1991/2004
• Price    3,708,000
• Price Per SF    515
• Cap Rate    6
• NOI    222,480
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.13
• Land Acres    1.26 AC