Description
Colliers is pleased to exclusively offer for sale a single tenant net-leased Red Robin Gourmet Burgers & Brews located within The Streets of Brentwood – a premier ±358,700 SF open-air retail and entertainment destination located in a high growth trade area in the San Francisco MSA. The property consists of an ±5,618 SF freestanding building positioned on a ±0.92 AC parcel.
Red Robin has been operating at this location since 2009 and recently extended their lease for 5-years through 2029. The asset benefits from an Absolute NNN Ground Lease with zero landlord responsibilities and 10%...
Documents
Sale Details
- Cap Rate6.25%
- NOI$186,340
- In-Place Cap Rate6.25%
- In-Place NOI$186,340
Documents
Property Address
Property Details
- Property TypeRetail
- Occupancy100%
- Year Built2009
- Year Renovated2009
- Lease TypeNNN... NNN, Absolute Net
- ZoningCommercial
- APN019-910-001
- Ownership InterestGround Lease
- Gross Leasable Area5,618 SF
- Available GLA5,618 SF
- Acres0.92
Property Details
















Deal Team


Description
Colliers is pleased to exclusively offer for sale a single tenant net-leased Red Robin Gourmet Burgers & Brews located within The Streets of Brentwood – a premier ±358,700 SF open-air retail and entertainment destination located in a high growth trade area in the San Francisco MSA. The property consists of an ±5,618 SF freestanding building positioned on a ±0.92 AC parcel.
Red Robin has been operating at this location since 2009 and recently extended their lease for 5-years through 2029. The asset benefits from an Absolute NNN Ground Lease with zero landlord responsibilities and 10%...
Documents
Sale Details
- Cap Rate6.25%
- NOI$186,340
- In-Place Cap Rate6.25%
- In-Place NOI$186,340
Documents
Property Address
Property Details
- Property TypeRetail
- Occupancy100%
- Year Built2009
- Year Renovated2009
- Lease TypeNNN... NNN, Absolute Net
- ZoningCommercial
- APN019-910-001
- Ownership InterestGround Lease
- Gross Leasable Area5,618 SF
- Available GLA5,618 SF
- Acres0.92
Property Details
Deal Team


