1425 13th St | Columbus, GA 31901
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- LoopNet Team
1425 13th St
Columbus, GA 31901
Long Term NNN Red Lobster · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease – zero landlord responsibilities
- Over 16 years remaining on lease
- Corporate Guaranty (Red Lobster Intermediate Holdings LLC)
- Extremely low rent at $11.35/SF which is well below market
- Attractive 2% annual increases
- Red Lobster is the largest seafood restaurant company in the world
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,751 SF
Building Class
C
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.27 AC
Frontage
288’ on 13th St
PROPERTY TAXES
| Parcel Number | 026-006-002 | Improvements Assessment | $240,184 |
| Land Assessment | $152,216 | Total Assessment | $392,400 |
PROPERTY TAXES
Parcel Number
026-006-002
Land Assessment
$152,216
Improvements Assessment
$240,184
Total Assessment
$392,400
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