Red Lobster NNN Property For Sale — MI
Westland, MI, MI
This Red Lobster property offers an attractive investment opportunity with a strong corporate guarantee and an absolute NNN lease structure. Strategically located in Westland, MI, this asset provides predictable cash flow and minimal landlord responsibilities, characteristic of net lease investments. The property boasts a competitive cap rate and long-term lease, making it ideal for investors seeking stable income and capital appreciation in a prime commercial real estate location. This offering is well-suited for 1031 exchange buyers, institutional investors, or individual investors looking for a passive income stream backed by a creditworthy tenant with a proven business model.
- Address: Westland, MI, MI
- Asking price $4.20M
- 6.80% cap rate
- NOI $284,163
- 13.6 years remaining
- NNN lease
- Guarantor: Corporate
Asset type: Retail