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4 Properties
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Bob Horvath
(781) 776-4003
Todd Tremblay
In location for years
Dense retail corridor
Near major nationals
Shopping Ctr out-parcel
Freeway close
Top 100 MSA
Strong demographics
Absolute NNN
Annual rent increases
Corporate Guarantee
Red Lobster is a leading casual dining seafood chain known for its iconic Cheddar Bay Biscuits and extensive seafood menu offerings, including shrimp, lobster, crab, and fresh fish. With over 500 locations across the United States as of 2024, Red Lobster remains a popular destination for seafood lovers. The chain is focused on maintaining quality and sustainability, sourcing its seafood from certified suppliers. Despite facing financial challenges, Red Lobster continues to appeal to investors due to its brand recognition, expansive footprint, and ongoing efforts to streamline operations through restructuring. This strategy aims to optimize its footprint and improve profitability, positioning the chain for future growth opportunities. The corporate headquarters of Red Lobster is located in Orlando, Florida.
Ronnie Issenberg
(786) 566-1446
Gabriel Britti
(518) 269-0496
Build to suit
High traffic 50M+ VPD
Highway location
Income tax free state
Long 10+ yr lease
Red Lobster is the largest seafood restaurant concept in the world and is an iconic full-service brand with broad demographic appeal. The company was founded in 1968 and today operates 700+ restaurants throughout the U.S. and Canada and has 40+ franchised restaurants in international markets. In 2020, a group led by Thai Union Group (TUG) acquired Red Lobster from Golden Gate Capital. The new ownership group now includes TUG, current Red Lobster management, and a newly formed investment group, Seafood Alliance, which is led by two prominent global restaurant operators. They are headquartered in Orlando, FL. Thai Union Group Public Company Limited (OTCMKTS: TUFBY), together with its subsidiaries, manufactures and sells frozen, chilled, and canned seafood in Thailand and internationally. Sales during 2022 reached an all-time high of $155.6B, a 10.3% year-on-year increase.
Patrick Luther
(480) 221-4221
Matthew Mousavi
(714) 404-8849
Oversized lot
Major thoroughfare
Strategically located
Highway close
Brand new lease
Dense 100M+ pop 5 mi
Major MSA
Address: 929 Alton Road, Suite 500Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]