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Red Robin | 13+yrs Remain Corp Abs NNN 202 Newnan Crossing Byp

6,499 SF Retail Building Newnan, GA 30263 $4,500,480 CAD ($692 CAD/SF) 6.25% Cap Rate

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Investment Highlights

13+ Years Remaining | Scheduled Rental Increases |Options To Extend | Well-Known & Established Tenant
Outparcel To Ashley Park Retail Center (6.1M+ Annual Visits) |National/Credit Tenants | Adjacent Target-Anchored Center
Strong Demographics In 5-Mile Trade Area | Atlanta MSA |Near Large-Scale Apartment Developments

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Excellent Visibility & Access | Dense Retail/QSR Corridor | Near Interstate 85 (67,600 VPD) | BullsBoro Dr (59,500 VPD)

Executive Summary

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, freestanding, Red Robin investment property located in Newnan, Georgia. The tenant has over 13 years remaining on its lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Founded in 1969, there are now more than 500 Red Robin restaurants across the United States and Canada, including those operating under franchise agreements.