Red Lobster 

119 Temple Lake Drive | Colonial Heights, Virginia 23834

Contact Brokers

Aaron Bergland

Investment Advisor
Aaron.Bergland@MarcusMillichap.com

(C) 813-841-1589
(O) 813-387-4730
FL #SL3426341

James Garner

Senior Investment Advisor
James.Garner@MarcusMillichap.com
(O) 813.387.4796
FL #SL327365

Jim Shiebler

Vice President Investments

Jim.Shiebler@MarcusMillichap.com
(O) 239.340.7811
FL #SL3347780

Highlights

  • Iconic Brand – Upward Trending and E-commerce Proof Concept

  • Long-term Lease with Over 19 Years Remaining

  • Corporately Guaranteed by Red Lobster Intermediate Holdings LLC

  • Excellent Visibility From Temple Avenue with 30,000 Cars per Day

  • Over 90,000 People Within 5 Miles

Description

Marcus & Millichap is pleased to present Red Lobster Colonial Heights, a truly rare investment opportunity for an investor to purchase a truly iconic brand and highly coveted nationally recognized Restaurant property in a highly sought after and desirable market. This unique investment opportunity is ideally positioned in the heart of restaurant row.

Location

Additionally, this dense infill, high barrier to entry location it is just ½ mile from I-95, the main North/South route of travel through Richmond, VA which sees over 106,000 Cars Per Day. This prime location has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.

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