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5 Properties
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Steve Schrenk
610-608-2621
Marc Mandel
Signalized intersection
Dense retail corridor
Near major nationals
Shopping Ctr out-parcel
Strategically located
Affluent suburb location
Long 20+ yr lease
Absolute NNN
Annual rent increases
Corporate Guarantee
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
Highway close
Top 100 MSA
Strong demographics
Brand new lease
In location for years
High traffic 50M+ VPD
Freeway close
Dense 100M+ pop 5 mi
Major MSA
Income tax free state
Highway location
Affluent AHHI $100K 5 Mi
Long 15+ yr lease
Limited competition
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.
Eric Carlton
949-903-3399
Jereme Snyder
949-724-5552
Big Box center
Long operation history
Over 500 units backed
Address: 929 Alton Road, Suite 500Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]