• Zero Landlord responsibilities. Tenant is responsible for all property expenses including taxes, insurance, CAM, and roof & structure.
STRONG NATIONAL TENANT
• This location’s lease is backed by Red Lobster Inc. Red Lobster has 750 locations across the world and employs over 55,000 people. Red Lobster’s parent company, Golden Cate Capital, has over $15B in assets under management.
LONG TERM OCCUPANCY/NEW LEASE RENEWALS
• Red Lobster has been successfully operating at this location since 1989 and recently signed a new lease renewal, demonstrating their commitment to the site.
• Subject property is a pad to the Hamilton Mall and is surrounded by national retailers including Walmart, Target, Hobby Lobby, Macy’s, H&M, Kohl’s, Burlington, BJ’s, ULTA, Dick’s, etc.