This is a prime opportunity to acquire a long-term, absolute NNN leased Red Robin property located in Davenport, Florida. The property is corporately guaranteed by Red Robin and operates under a lease with zero landlord obligations. The lease agreement features 10% rental increases every five years, ensuring a strong and stable income stream over the long term. Additionally, the lease includes four, five-year options to renew.

The property benefits from its strategic location on Laura Lane, just off Interstate 4, enhancing visibility and providing excellent access to a high-traffic area. Surrounded by major retailers such as Panera, Walgreens, Wendy's, Dunkin', and Publix, this location is poised for long-term growth and stability in rental income.

The building consists of 4,622 SF of retail space, offering ample room for operations. Offered at a price of $2,012,338, with a cap rate of 6.50% based on a Net Operating Income (NOI) of $130,803, this property presents an attractive long-term investment opportunity in a high-demand retail location.