Red Lobster

Investment Overview

1410 Interstate Dr offers a well-positioned 4,088 SF retail opportunity designed to appeal to investors seeking a visible, easily accessible commercial asset. The property features a functional footprint suited to a variety of retail uses, with strong exterior presence and prominent frontage along a major commercial corridor. Its compact size supports efficient occupancy and management, while the site’s interstate visibility enhances branding potential. This is an attractive acquisition for an investor looking for a versatile retail property with long-term leasing appeal and value-add potential in a proven commercial setting.

Investment Highlights

• Absolute NNN Lease. Tenant responsible for taxes, CAM, insurance, roof and structure — zero landlord responsibilities.
• Outstanding Fundamental Real Estate. Located in a Tax Free State within a Rapidly Growing Market.
• 12+ Years Remaining. Lease runs through 7/31/2039 with four (4) 5-year renewal options.
• Nationally Recognized Tenant. Red Lobster Restaurants, LLC operating a 4,077 SF freestanding seafood restaurant.
• 1.0-Acre Site. Built in 1995, zoned CG, with ample on-site parking.
• National Co-Tenancy. Neighbors include Publix, Chick-fil-A, Olive Garden, Outback, Texas Roadhouse, Chipotle, and Raising Cane's.
• Built-In Rent Growth. 3.00% annual increases beginning after 6/30/2029. Average Cap Rate over the base Term results in a 6.471% Cap Rate.