Description
The Red Robin property is a freestanding, approximately 5,618-square-foot restaurant on about 0.92 acres within The Streets of Brentwood. Colliers is marketing the single-tenant investment. Red Robin has operated here since 2009, with a five-year lease extension through 2029 identified in the offering.
The absolute NNN ground lease is reported to carry no landlord responsibilities and provides 10% rent increases every five years, including options. Buyers should verify the lease structure and obligations in the executed documents. The property fronts Sand Creek Road near State Route 4, with combined reported traffic exceeding approximately 86,558 vehicles daily. The surrounding roughly 358,700-square-foot retail and entertainment center includes Sprouts, AMC, Barnes & Noble and other national operators, with additional hotel, healthcare and retail development identified nearby.
Offering Summary
- Asking Price$2,981,000
- Price PSF$531
- Property TypeRetail
- Occupancy100%
- Built2009
- Total Acres~0.92 ac
Sale Details
- Cap Rate6.25%
- NOI$186,340
- In-Place Cap Rate6.25%
- In-Place NOI$186,340
Documents
Property Address
Property Details
- Property Type
Retail - Occupancy
100% - Year Built
2009 - Year Renovated
2009 - Lease Type
NNN, Absolute Net - Zoning
Commercial - APN
019-910-001 - Ownership Interest
Ground Lease - Gross Leasable Area
5,618 SF - Available GLA
5,618 SF - Acres
0.92
Deal Team




