Red Robin New 15 Year Absolute NNN Lease | Rogers , AR

Highlights:

• New 15 year absolute NNN lease
• Zero landlord obligations
• Corporate guarantee
• Well located along highly trafficked corridor (35,000 VPD)
• Nearby Interstate 40 (100,000+ VPD)
• Adjacent to Scottsdale Center - 318,404 SF strip mall
• Neighboring tenants include Big Lots, Marshalls & HomeGoods, Bealls, Chick-fil-A, Office Depot, Sonic Drive-In, AT&T Store, IHOP, Outback Steakhouse, Firestone Complete Auto Care & more

Description:

The Kase Group is pleased to present the opportunity to purchase well established Red Robin location in Rogers, Arkansas with a new 15 year absolute NNN lease. The recently extended lease calls for zero landlord obligations and is corporately guaranteed by Red Robin. There are 10% increases every 5 years throughout the initial term and options, and four 5- year renewal options. The site benefits from its strategic location along W Walnut St (28,000 VPD) and nearby the Interstate 49 corridor (100,000+ VPD), which locals call "restaurant row" due to the popularity of dining and shopping options in the area. The building sits adjacent to the Scottsdale Center, a 318,404 square feet strip mall featuring key tenants that include Belk, Ross Dress for Less, Dollar Tree, Staples, Petco, Dollar Tree and Barnes & Noble. Other neighboring tenants include Big Lots, Marshalls & HomeGoods, Bealls, Chick-fil-A, Office Depot, Sonic Drive-In, AT&T Store, IHOP, Outback Steakhouse, Firestone Complete Auto Care & more.

Location Description
Rogers is a city in Benton County, Arkansas, United States. Located in the Ozarks, it is part of the Northwest Arkansas region, one of the fastest growing metro areas in the country. Rogers was the location of the first Walmart store, whose corporate headquarters is located in neighboring Bentonville.

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