500 Route 38 E
Maple Shade Township, NJ 08052
Carrabba's Italian Grill | Maple Shade, NJ · Retail Property For Sale

Carrabba' s Italian Grill is an authentic Italian restaurant focused on casual dining in a warm, festive atmosphere. The Carrabba' s Italian Grill menu includes a variety of Italian pasta, chicken, beef and seafood dishes, salads, and wood-fired pizza. As of September 2015, Carrabba' s had 247 locations nationwide (244 company-owned and 3 franchised) and TTM system wide sales in excess of $733 million. Bloomin' Brands, Inc. (NASDAQ: BLMN) is one of the world' s largest casual dining restaurant companies with approximately 1,500 restaurants throughout 48 states, Puerto Rico, Guam, and 22 countries. The company operates restaurants through a portfolio of leading, differentiated restaurant brands including Outback Steakhouse, Carrabba' s Italian Grill, Bonefish Grill, and Fleming' s Prime Steakhouse & Wine Bar. As of September 27, 2015, Bloomin' Brands reported TTM revenues of 4.44B and EBITDA of $428.36M. At closing, Carrabba' s will execute new 15-year NNN lease with four 5-year options to renew. The lease will include 1% annual rent increases throughout the term. The property is situated Route 38 which accounts for over 60,000 vehicles per day. This Carrabba' s is located just before the Route 38 exits to Route 41 S and Routes 41 and 73 North and is visible from the 4 lane highway. The property has 1 point of ingress and 1 point of egress on Route 38.