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Red Robin | Outparcel to Home Depot 72797 Dinah Shore Dr 6,600 SF Retail Building Rancho Mirage, CA 92270 $3,176,760 CAD ($481.33 CAD/SF) 4.35% Cap Rate
Investment Highlights
- 2 Years Remaining | Corporate Signed Ground Lease |Below Market Rent
- Outparcel to Home Depot Anchored Center | I-10 (107,000 VPD) | Across From Monterey Shore Plaza (Costco Wholesale Anchored)
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
Executive Summary
• Red Robin corporate signed lease
• Features approximately 10% rental increases at the beginning of each option period, growing NOI and hedging against inflation
• Features below market ground rent
Property Facts
Amenities
- Corner Lot
- Freeway Visibility
- Restaurant
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Red Robin Gourmet Burgers, Inc. is a casual dining restaurant chain founded in 1969 that operates through its wholly-owned subsidiary, Red Robin International, Inc., and under the trade name, Red Robin Gourmet Burgers and Brews. Red Robin Gourmet Burgers, Inc. believes nothing brings people together like burgers and fun around their table, and no one makes moments of connection over crave-able food more memorable than Red Robin. They serve a variety of burgers and mainstream favorites to Guests of all ages in a casual, playful atmosphere. In addition to their many burger offerings, Red Robin serves a wide array of salads, appetizers, entrees, desserts, signature beverages and Donatos® pizza at select locations. It's now easy to enjoy Red Robin anywhere with online ordering available for to-go, delivery and catering. There are Red Robin restaurants across the United States and Canada, including those operating under franchise agreements.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 685-070-007 | Improvements Assessment | $1,872,711 CAD |
| Land Assessment | $3,366,284 CAD | Total Assessment | $5,238,995 CAD |
Property Taxes
Presented by
Red Robin | Outparcel to Home Depot | 72797 Dinah Shore Dr
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