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8880 Springbrook Drive Northwest, Coon Rapids, MN , 55433
  • Size SF 6,268
  • Built/Renov1997
  • Price/SF$566
  • Lease Start09-30-2016
  • Rent/SF$36.80
  • Lease Type Abs NNN
  • Lot/AC1.83
  • Pop 5MI235,938

3,548,900

  • Cap Rate 6.50%
  • NOI $230,681
  • R. Term/Yrs 12.0
  • Guarantor Corp T + R
  • # Units 935
  • Dense retail corridor

  • Near major nationals

  • Highway close

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Outback Steakhouse has 12+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 1.8% annual rental escalations throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease (NASDAQ: BLMN)
  • Tenant Outback Steakhouse
  • Guarantor Corp T and Rated
  • #Units 935
  • Moody's/S&P Baa3/ BB-
  • Stock NASDAQ: BLMN

Outback Steakhouse is a chain of Australian-themed casual dining restaurants, serving American cuisine. Best known for grilled steaks, chicken, and seafood, Outback also offers a wide variety of crisp salads and freshly made soups and sides. The company was founded in March 1988 with its first location in Tampa, Florida. Outback Steakhouse was owned and operated by OSI Restaurant Partners until it was acquired by Bloomin' Brands. As of December 31, 2023, Bloomin’ Brands has 562 company-owned and 126 franchised Outback Steakhouse restaurants in the US, with an additional 155 company-owned and 92 franchised restaurants in Brazil and South Korea.

Bloomin' Brands, Inc. (NASDAQ: BLMN) is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. As of December 31, 2023, they own and operate 1,189 restaurants and franchise 291 restaurants across 47 states, Guam, and 13 counties. They have four founder-inspired concepts: Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill, and Fleming’s Prime Steakhouse & Wine Bar. As of 2023, the company has a market cap of $2.44B, reported a total revenue of $4.67B, and is headquartered in Tampa, FL.

...
4505 Sherwood Way, San Angelo, TX , 76904
  • Size SF 6,184
  • Built/Renov2000
  • Price/SF$704
  • Lease Start09-30-2016
  • Rent/SF$45.76
  • Lease Type Abs NNN
  • Lot/AC1.20
  • Pop 5MI82,427

4,353,300

  • Cap Rate 6.50%
  • NOI $282,965
  • R. Term/Yrs 12.0
  • Guarantor Corp T + R
  • # Units 935
  • Dense retail corridor

  • Near major nationals

  • Shopping Ctr out-parcel

  • Freeway close

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Outback Steakhouse has 11+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 1.8% annual rental escalations throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease (NASDAQ: BLMN)
  • Tenant Outback Steakhouse
  • Guarantor Corp T and Rated
  • #Units 935
  • Moody's/S&P Baa3/ BB-
  • Stock NASDAQ: BLMN

Outback Steakhouse is a chain of Australian-themed casual dining restaurants, serving American cuisine. Best known for grilled steaks, chicken, and seafood, Outback also offers a wide variety of crisp salads and freshly made soups and sides. The company was founded in March 1988 with its first location in Tampa, Florida. Outback Steakhouse was owned and operated by OSI Restaurant Partners until it was acquired by Bloomin' Brands. As of December 31, 2023, Bloomin’ Brands has 562 company-owned and 126 franchised Outback Steakhouse restaurants in the US, with an additional 155 company-owned and 92 franchised restaurants in Brazil and South Korea.

Bloomin' Brands, Inc. (NASDAQ: BLMN) is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. As of December 31, 2023, they own and operate 1,189 restaurants and franchise 291 restaurants across 47 states, Guam, and 13 counties. They have four founder-inspired concepts: Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill, and Fleming’s Prime Steakhouse & Wine Bar. As of 2023, the company has a market cap of $2.44B, reported a total revenue of $4.67B, and is headquartered in Tampa, FL.

...
311 Hampton Court, Onalaska, WI , 54650
  • Size SF 6,320
  • Built/Renov2000
  • Price/SF$365
  • Lease Start03-01-2017
  • Rent/SF$23.73
  • Lease Type Abs NNN
  • Lot/AC1.81
  • Pop 5MI52,142

2,306,800

  • Cap Rate 6.50%
  • NOI $149,943
  • R. Term/Yrs 12.5
  • Guarantor Corp T + R
  • # Units 935
  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Freeway visibility

  • Affluent suburb location

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Outback Steakhouse has 12+ years remaining on the current lease term with 3 (5-year) options to extend

  • The lease features 1.8% annual rental escalations throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease (NASDAQ: BLMN)
  • Tenant Outback Steakhouse
  • Guarantor Corp T and Rated
  • #Units 935
  • Moody's/S&P Baa3/ BB-
  • Stock NASDAQ: BLMN

Outback Steakhouse is a chain of Australian-themed casual dining restaurants, serving American cuisine. Best known for grilled steaks, chicken, and seafood, Outback also offers a wide variety of crisp salads and freshly made soups and sides. The company was founded in March 1988 with its first location in Tampa, Florida. Outback Steakhouse was owned and operated by OSI Restaurant Partners until it was acquired by Bloomin' Brands. As of December 31, 2023 Bloomin’ Brands has 562 company-owned and 126 franchised Outback Steakhouse restaurants in the US, with an additional 155 company owned and 92 franchised restaurants in Brazil and South Korea.

Bloomin' Brands, Inc. (NASDAQ: BLMN) is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. As of December 31, 2023, they own and operate 1,189 restaurants and franchise 291 restaurants across 47 states, Guam and 13 counties. They have four founder-inspired concepts: Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar. As of 2023, the company has a market cap of $2.44B, reported a total revenue of $4.67B and is headquartered in Tampa, FL.

...
2314 West Loop 250 North, Midland, TX , 79705
  • Size SF 6,192
  • Built/Renov1994
  • Price/SF$1,026
  • Lease Start09-30-2016
  • Rent/SF$64.11
  • Lease Type Abs NNN
  • Lot/AC1.45
  • Pop 5MI71,349

6,351,000

  • Cap Rate 6.25%
  • NOI $396,940
  • R. Term/Yrs 12.0
  • Guarantor Corp T + R
  • # Units 935
  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Freeway visibility

  • Affluent AHHI $100K 5 Mi

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • 29-year operating history at this location
  • Outback Steakhouse has 11+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 1.8% annual rental escalations throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease (NASDAQ: BLMN)
  • Tenant Outback Steakhouse
  • Guarantor Corp T and Rated
  • #Units 935
  • Moody's/S&P Baa3/ BB-
  • Stock NASDAQ: BLMN

Outback Steakhouse is a chain of Australian-themed casual dining restaurants, serving American cuisine. Best known for grilled steaks, chicken, and seafood, Outback also offers a wide variety of crisp salads and freshly made soups and sides. The company was founded in March 1988 with its first location in Tampa, Florida. Outback Steakhouse was owned and operated by OSI Restaurant Partners until it was acquired by Bloomin' Brands. As of December 31, 2023 Bloomin’ Brands has 562 company-owned and 126 franchised Outback Steakhouse restaurants in the US, with an additional 155 company owned and 92 franchised restaurants in Brazil and South Korea.

Bloomin' Brands, Inc. (NASDAQ: BLMN) is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. As of December 31, 2023, they own and operate 1,189 restaurants and franchise 291 restaurants across 47 states, Guam and 13 counties. They have four founder-inspired concepts: Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar. As of 2023, the company has a market cap of $2.44B, reported a total revenue of $4.67B and is headquartered in Tampa, FL.

 

...
Corner of Osceola Polk Line Road & Hertiage Pass, Davenport, FL , 34747
  • Size SF 4,964
  • Built/Renov2024
  • Price/SF$827
  • Lease Start10-01-2024
  • Rent/SF$39.28
  • Lease Type Abs NNN
  • Lot/AC1.11
  • Pop 5MI76,135

4,105,000

  • Cap Rate 4.75%
  • NOI $195,000
  • R. Term/Yrs 15.0
  • Guarantor Corp T + R
  • # Units 935
  • New construction

  • Signalized intersection

  • Near major nationals

  • Freeway close

  • Affluent AHHI $100K 5 Mi

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Brand-new 2024 construction
  • New 15-year ground lease with 4 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease (NASDAQ: BLMN)
  • Tenant Outback Steakhouse
  • Guarantor Corp T and Rated
  • #Units 935
  • Moody's/S&P Baa3/ BB-
  • Stock NASDAQ: BLMN

Outback Steakhouse is a chain of Australian-themed casual dining restaurants, serving American cuisine. Best known for grilled steaks, chicken, and seafood, Outback also offers a wide variety of crisp salads and freshly made soups and sides. The company was founded in March 1988 with its first location in Tampa, Florida. Outback Steakhouse was owned and operated by OSI Restaurant Partners until it was acquired by Bloomin' Brands. As of December 31, 2023 Bloomin’ Brands has 562 company-owned and 126 franchised Outback Steakhouse restaurants in the US, with an additional 155 company owned and 92 franchised restaurants in Brazil and South Korea.

Bloomin' Brands, Inc. (NASDAQ: BLMN) is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. As of December 31, 2023, they own and operate 1,189 restaurants and franchise 291 restaurants across 47 states, Guam and 13 counties. They have four founder-inspired concepts: Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar. As of 2023, the company has a market cap of $2.44B, reported a total revenue of $4.67B and is headquartered in Tampa, FL.

...
945 Factory Shops Boulevard, Gaffney, SC , 29341
  • Size SF 6,172
  • Built/Renov2003
  • Price/SF$612
  • Lease Start09-30-2016
  • Rent/SF$39.79
  • Lease Type Abs NNN
  • Lot/AC0.24
  • Pop 5MI25,764

3,778,200

  • Cap Rate 6.50%
  • NOI $245,584
  • R. Term/Yrs 12.0
  • Guarantor Corp T + R
  • # Units 935
  • In location for years

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Freeway visibility

  • Top 100 MSA

  • Long operation history

  • Absolute NNN

  • Annual rent increases

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • 20-year operating history at this location
  • Outback Steakhouse has 11+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 1.8% annual rental increases throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease (NASDAQ: BLMN)
  • Tenant Outback Steakhouse
  • Guarantor Corp T and Rated
  • #Units 935
  • Moody's/S&P Ba3/ BB-
  • Stock NASDAQ: BLMN

Outback Steakhouse is a chain of Australian-themed casual dining restaurants, serving American cuisine. Best known for grilled steaks, chicken, and seafood, Outback also offers a wide variety of crisp salads and freshly made soups and sides. The company was founded in March 1988 with its first location in Tampa, Florida. Outback Steakhouse was owned and operated by OSI Restaurant Partners until it was acquired by Bloomin' Brands. As of December 31, 2023 Bloomin’ Brands has 562 company-owned and 126 franchised Outback Steakhouse restaurants in the US, with an additional 155 company owned and 92 franchised restaurants in Brazil and South Korea.

Bloomin' Brands, Inc. (NASDAQ: BLMN) is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. As of December 31, 2023, they own and operate 1,189 restaurants and franchise 291 restaurants across 47 states, Guam and 13 counties. They have four founder-inspired concepts: Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar. As of 2023, the company has a market cap of $2.44B, reported a total revenue of $4.67B and is headquartered in Tampa, FL.

...
3121 Albert Lankford Drive, Lynchburg, VA , 24501
  • Size SF 6,559
  • Built/Renov1997
  • Price/SF$373
  • Lease Start03-01-2017
  • Rent/SF$24.27
  • Lease Type Abs NNN
  • Lot/AC3.08
  • Pop 5MI88,231

2,449,300

  • Cap Rate 6.50%
  • NOI $159,205
  • R. Term/Yrs 12.5
  • Guarantor Corp T + R
  • # Units 935
  • Build to suit

  • Near major nationals

  • Strategically located

  • Freeway close

  • Strong tenant synergy

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Outback Steakhouse has 12+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 1.8% annual rental escalations throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease (NASDAQ: BLMN)
  • Tenant Outback Steakhouse
  • Guarantor Corp T and Rated
  • #Units 935
  • Moody's/S&P Baa3/ BB-
  • Stock NASDAQ: BLMN

Outback Steakhouse is a chain of Australian-themed casual dining restaurants, serving American cuisine. Best known for grilled steaks, chicken, and seafood, Outback also offers a wide variety of crisp salads and freshly made soups and sides. The company was founded in March 1988 with its first location in Tampa, Florida. Outback Steakhouse was owned and operated by OSI Restaurant Partners until it was acquired by Bloomin' Brands. As of December 31, 2023 Bloomin’ Brands has 562 company-owned and 126 franchised Outback Steakhouse restaurants in the US, with an additional 155 company owned and 92 franchised restaurants in Brazil and South Korea.

Bloomin' Brands, Inc. (NASDAQ: BLMN) is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. As of December 31, 2023, they own and operate 1,189 restaurants and franchise 291 restaurants across 47 states, Guam and 13 counties. They have four founder-inspired concepts: Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar. As of 2023, the company has a market cap of $2.44B, reported a total revenue of $4.67B and is headquartered in Tampa, FL.

...
3110 East 36th Street, Joplin, MO , 64804
  • Size SF 6,205
  • Built/Renov2001
  • Price/SF$439
  • Lease Start03-01-2017
  • Rent/SF$27.88
  • Lease Type Abs NNN
  • Lot/AC1.52
  • Pop 5MI62,152

2,724,600

  • Cap Rate 6.35%
  • NOI $173,011
  • R. Term/Yrs 12.5
  • Guarantor Corp T + R
  • # Units 935
  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Shopping Ctr out-parcel

  • Strategically located

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Outback Steakhouse has 12+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 1.8% annual rental escalations throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease (NASDAQ: BLMN)
  • Tenant Outback Steakhouse
  • Guarantor Corp T and Rated
  • #Units 935
  • Moody's/S&P Baa3/ BB-
  • Stock NASDAQ: BLMN

Outback Steakhouse is a chain of Australian-themed casual dining restaurants, serving American cuisine. Best known for grilled steaks, chicken, and seafood, Outback also offers a wide variety of crisp salads and freshly made soups and sides. The company was founded in March 1988 with its first location in Tampa, Florida. Outback Steakhouse was owned and operated by OSI Restaurant Partners until it was acquired by Bloomin' Brands. As of December 31, 2023 Bloomin’ Brands has 562 company-owned and 126 franchised Outback Steakhouse restaurants in the US, with an additional 155 company owned and 92 franchised restaurants in Brazil and South Korea.

Bloomin' Brands, Inc. (NASDAQ: BLMN) is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. As of December 31, 2023, they own and operate 1,189 restaurants and franchise 291 restaurants across 47 states, Guam and 13 counties. They have four founder-inspired concepts: Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar. As of 2023, the company has a market cap of $2.44B, reported a total revenue of $4.67B and is headquartered in Tampa, FL.

...
2225 Highway 44 West, Inverness, FL , 34452
  • Size SF 6,174
  • Built/Renov2001
  • Price/SF$727
  • Lease Start03-01-2017
  • Rent/SF$43.61
  • Lease Type Abs NNN
  • Lot/AC3.33
  • Pop 5MI32,991

4,487,300

  • Cap Rate 6.00%
  • NOI $269,238
  • R. Term/Yrs 12.5
  • Guarantor Corp T + R
  • # Units 935
  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Highway location

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Outback Steakhouse has 12+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 1.8% annual rental escalations throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease (NASDAQ: BLMN)
  • Tenant Outback Steakhouse
  • Guarantor Corp T and Rated
  • #Units 935
  • Moody's/S&P Baa3/ BB-
  • Stock NASDAQ: BLMN

Outback Steakhouse is a chain of Australian-themed casual dining restaurants, serving American cuisine. Best known for grilled steaks, chicken, and seafood, Outback also offers a wide variety of crisp salads and freshly made soups and sides. The company was founded in March 1988 with its first location in Tampa, Florida. Outback Steakhouse was owned and operated by OSI Restaurant Partners until it was acquired by Bloomin' Brands. As of December 31, 2023 Bloomin’ Brands has 562 company-owned and 126 franchised Outback Steakhouse restaurants in the US, with an additional 155 company owned and 92 franchised restaurants in Brazil and South Korea.

Bloomin' Brands, Inc. (NASDAQ: BLMN) is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. As of December 31, 2023, they own and operate 1,189 restaurants and franchise 291 restaurants across 47 states, Guam and 13 counties. They have four founder-inspired concepts: Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar. As of 2023, the company has a market cap of $2.44B, reported a total revenue of $4.67B and is headquartered in Tampa, FL.

...
4142 Ridgemont Drive, Abilene, TX , 79606
  • Size SF 6,172
  • Built/Renov1999
  • Price/SF$568
  • Lease Start09-30-2016
  • Rent/SF$35.51
  • Lease Type Abs NNN
  • Lot/AC1.53
  • Pop 5MI101,710

3,506,900

  • Cap Rate 6.25%
  • NOI $219,179
  • R. Term/Yrs 12.0
  • Guarantor Corp T + R
  • # Units 935
  • Build to suit

  • Dense retail corridor

  • Shopping Ctr out-parcel

  • Strong demographics

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Outback Steakhouse has 11+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 1.8% annual rental escalations throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease (NASDAQ: BLMN)
  • Tenant Outback Steakhouse
  • Guarantor Corp T and Rated
  • #Units 935
  • Moody's/S&P Baa3/ BB-
  • Stock NASDAQ: BLMN

Outback Steakhouse is a chain of Australian-themed casual dining restaurants, serving American cuisine. Best known for grilled steaks, chicken, and seafood, Outback also offers a wide variety of crisp salads and freshly made soups and sides. The company was founded in March 1988 with its first location in Tampa, Florida. Outback Steakhouse was owned and operated by OSI Restaurant Partners until it was acquired by Bloomin' Brands. As of December 31, 2023 Bloomin’ Brands has 562 company-owned and 126 franchised Outback Steakhouse restaurants in the US, with an additional 155 company owned and 92 franchised restaurants in Brazil and South Korea.

Bloomin' Brands, Inc. (NASDAQ: BLMN) is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. As of December 31, 2023, they own and operate 1,189 restaurants and franchise 291 restaurants across 47 states, Guam and 13 counties. They have four founder-inspired concepts: Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar. As of 2023, the company has a market cap of $2.44B, reported a total revenue of $4.67B and is headquartered in Tampa, FL.

...
2060 Interstate 10 South, Beaumont, TX , 77707
  • Size SF 6,167
  • Built/Renov1994/2005
  • Price/SF$512
  • Lease Start03-01-2017
  • Rent/SF$30.72
  • Lease Type Abs NNN
  • Lot/AC1.64
  • Pop 5MI98,107

3,157,800

  • Cap Rate 6.00%
  • NOI $189,469
  • R. Term/Yrs 12.5
  • Guarantor Corp T + R
  • # Units 935
  • In location for years

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Freeway visibility

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Outback Steakhouse has 12+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 1.8% annual rental escalations throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease (NASDAQ: BLMN)
  • Tenant Outback Steakhouse
  • Guarantor Corp T and Rated
  • #Units 935
  • Moody's/S&P Baa3/ BB-
  • Stock NASDAQ: BLMN

Outback Steakhouse is a chain of Australian-themed casual dining restaurants, serving American cuisine. Best known for grilled steaks, chicken, and seafood, Outback also offers a wide variety of crisp salads and freshly made soups and sides. The company was founded in March 1988 with its first location in Tampa, Florida. Outback Steakhouse was owned and operated by OSI Restaurant Partners until it was acquired by Bloomin' Brands. As of December 31, 2023 Bloomin’ Brands has 562 company-owned and 126 franchised Outback Steakhouse restaurants in the US, with an additional 155 company owned and 92 franchised restaurants in Brazil and South Korea.

Bloomin' Brands, Inc. (NASDAQ: BLMN) is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. As of December 31, 2023, they own and operate 1,189 restaurants and franchise 291 restaurants across 47 states, Guam and 13 counties. They have four founder-inspired concepts: Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar. As of 2023, the company has a market cap of $2.44B, reported a total revenue of $4.67B and is headquartered in Tampa, FL.

...
245 State Route 312, St. Augustine, FL , 32086
  • Size SF 6,115
  • Built/Renov1994
  • Price/SF$776
  • Lease Start05-18-2016
  • Rent/SF$40.74
  • Lease Type Abs NNN
  • Lot/AC1.72
  • Pop 5MI74,028

4,745,000

  • Cap Rate 5.25%
  • NOI $249,132
  • R. Term/Yrs 6.8
  • Guarantor Corp T + R
  • # Units 935
  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Income tax free state

  • Long operation history

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Outback Steakhouse has 7+ years remaining on the current lease term with 4 (5-year) options to extend
  • The lease features 1% annual rental increases throughout the initial term and each option period
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Outback Steakhouse
  • Guarantor Corp T and Rated
  • #Units 935
  • Moody's/S&P Baa3/ BB-
  • Stock NASDAQ: BLMN

Outback Steakhouse is a chain of Australian-themed casual dining restaurants, serving American cuisine. Best known for grilled steaks, chicken, and seafood, Outback also offers a wide variety of crisp salads and freshly made soups and sides. The company was founded in March 1988 with its first location in Tampa, Florida. Outback Steakhouse was owned and operated by OSI Restaurant Partners until it was acquired by Bloomin' Brands. As of December 31, 2023 Bloomin’ Brands has 562 company-owned and 126 franchised Outback Steakhouse restaurants in the US, with an additional 155 company owned and 92 franchised restaurants in Brazil and South Korea. 

 

Bloomin' Brands, Inc. (NASDAQ: BLMN) is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. As of December 31, 2023, they own and operate 1,189 restaurants and franchise 291 restaurants across 47 states, Guam and 13 counties. They have four founder-inspired concepts: Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar.  As of 2023, the company has a market cap of $2.44B, reported a total revenue of $4.67B and is headquartered in Tampa, FL.

...
2805 Mannheim Road, Des Plaines, IL , 60018
  • Size SF 6,000
  • Built/Renov2023
  • Price/SF$600
  • Lease Start01-01-2024
  • Rent/SF$30.00
  • Lease Type Abs NNN
  • Lot/AC1.13
  • Pop 5MI324,633

3,600,000

  • Cap Rate 5.00%
  • NOI $180,000
  • R. Term/Yrs 14.3
  • Guarantor Corp T + R
  • # Units 935
  • New construction

  • Hard corner intersection

  • Near major nationals

  • Freeway visibility

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 10+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Brand new 2023 construction
  • Outback Steakhouse recently executed a brand new 15-year lease with 4 (5-year) options to extend
  • The lease features 10% rental increases every 5 years throughout the initial term and each option period
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease (NASDAQ: BLMN)
  • Tenant Outback Steakhouse
  • Guarantor Corp T and Rated
  • #Units 935
  • Moody's/S&P Baa3/ BB-
  • Stock NASDAQ: BLMN

Outback Steakhouse is a chain of Australian-themed casual dining restaurants, serving American cuisine. Best known for grilled steaks, chicken, and seafood, Outback also offers a wide variety of crisp salads and freshly made soups and sides. The company was founded in March 1988 with its first location in Tampa, Florida. Outback Steakhouse was owned and operated by OSI Restaurant Partners until it was acquired by Bloomin' Brands. As of December 31, 2023 Bloomin’ Brands has 562 company-owned and 126 franchised Outback Steakhouse restaurants in the US, with an additional 155 company owned and 92 franchised restaurants in Brazil and South Korea. 

 

Bloomin' Brands, Inc. (NASDAQ: BLMN) is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. As of December 31, 2023, they own and operate 1,189 restaurants and franchise 291 restaurants across 47 states, Guam and 13 counties. They have four founder-inspired concepts: Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar.  As of 2023, the company has a market cap of $2.44B, reported a total revenue of $4.67B and is headquartered in Tampa, FL.

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866 Eastgate North Drive, Cincinnati, OH , 45245
  • Size SF 4,936
  • Built/Renov2024
  • Price/SF$598
  • Lease Start02-01-2024
  • Rent/SF$32.41
  • Lease Type NN+
  • Lot/AC1.58
  • Pop 5MI103,705

2,950,000

  • Cap Rate 5.42%
  • NOI $160,000
  • R. Term/Yrs 15.1
  • Guarantor Corp T + R
  • # Units 935
  • New construction

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Highway location

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Brand new lease

  • Long 15+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Brand new construction | Scheduled opening February 2024
  • Outback Steakhouse recently signed a new 15-year ground lease with 4 (5-year) options to extend
  • The lease features 10% rental increases every 5 years throughout the initial term and option periods
  • Favorable NN+ lease | Landlord responsibilities are limited to CAM subject to tenant’s reimbursement
  • Corporate guaranteed lease (NASDAQ: BLMN)
  • Tenant Outback Steakhouse
  • Guarantor Corp T and Rated
  • #Units 935
  • Moody's/S&P Baa3/ BB-
  • Stock NASDAQ: BLMN

Outback Steakhouse is a chain of Australian-themed casual dining restaurants, serving American cuisine. Best known for grilled steaks, chicken, and seafood, Outback also offers a wide variety of crisp salads and freshly made soups and sides. The company was founded in March 1988 with its first location in Tampa, Florida. Outback Steakhouse was owned and operated by OSI Restaurant Partners until it was acquired by Bloomin' Brands. As of December 31, 2023 Bloomin’ Brands has 562 company-owned and 126 franchised Outback Steakhouse restaurants in the US, with an additional 155 company owned and 92 franchised restaurants in Brazil and South Korea. 

 

Bloomin' Brands, Inc. (NASDAQ: BLMN) is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. As of December 31, 2023, they own and operate 1,189 restaurants and franchise 291 restaurants across 47 states, Guam and 13 counties. They have four founder-inspired concepts: Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar.  As of 2023, the company has a market cap of $2.44B, reported a total revenue of $4.67B and is headquartered in Tampa, FL.

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16400 Northcross Drive, Huntersville, NC , 28078
  • Size SF 6,624
  • Built/Renov1997/2008
  • Price/SF$545
  • Lease Start09-15-2016
  • Rent/SF$32.69
  • Lease Type Abs NNN
  • Lot/AC2.44
  • Pop 5MI106,395

3,609,000

  • Cap Rate 6.00%
  • NOI $216,535
  • R. Term/Yrs 6.12
  • Guarantor Corp T + R
  • # Units 935
  • Near major nationals

  • Freeway close

  • Strong tenant synergy

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Absolute NNN

  • Annual rent increases

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Outback Steakhouse has 7+ years remaining on the current term with 4 (5-year) options to extend
  • The lease features 1% annual rental increases throughout the base term and all option periods
  • The rental rate is reset to FMV at the beginning of option 2 and increases by 1% annually through the balance of options 2, 3, and 4
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Outback Steakhouse
  • Guarantor Corp T and Rated
  • #Units 935
  • Moody's/S&P Baa3/ BB-
  • Stock NASDAQ: BLMN

Outback Steakhouse is a chain of Australian-themed casual dining restaurants, serving American cuisine. Best known for grilled steaks, chicken, and seafood, Outback also offers a wide variety of crisp salads and freshly made soups and sides. The company was founded in March 1988 with its first location in Tampa, Florida. Outback Steakhouse was owned and operated by OSI Restaurant Partners until it was acquired by Bloomin' Brands. As of December 31, 2023 Bloomin’ Brands has 562 company-owned and 126 franchised Outback Steakhouse restaurants in the US, with an additional 155 company owned and 92 franchised restaurants in Brazil and South Korea. 

 

Bloomin' Brands, Inc. (NASDAQ: BLMN) is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. As of December 31, 2023, they own and operate 1,189 restaurants and franchise 291 restaurants across 47 states, Guam and 13 counties. They have four founder-inspired concepts: Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar.  As of 2023, the company has a market cap of $2.44B, reported a total revenue of $4.67B and is headquartered in Tampa, FL.

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