Red Lobster — Sale in Colonie, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Colonie, NY 12205

Photos

Red Lobster — Sale in Colonie, NY, photo 1 of 3
Red Lobster — Sale in Colonie, NY, photo 2 of 3
Red Lobster — Sale in Colonie, NY, photo 3 of 3

Investment Figures

Cap rate
6.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

*Albany’s premier retail corridor – with a recently extended absolute net lease through 2043 and embedded contractual rent growth situated on a plot with above average acreage. *Robust New Ownership & Backing. The chain is now owned by Fortress Investment Group, a global powerhouse with over $48 billion in assets under management. *Defensive "Value" Segment. As a casual dining staple, Red Lobster occupies a defensive niche. While it faces competition, it remains the largest seafood-focused chain in the U.S. In inflationary environments, its "value-oriented" seafood positioning tends to capture diners trading down from higher-end steakhouses and independent seafood venues. *Red Lobster Net Lease (NNN) property is a classic "yield play" in the casual dining sector, especially as the brand stabilizes under new ownership. Investment Highlights: • Great location, walking distance from multiple Hotels including the Fairfield by Marriott Inn & Suites Albany Airport which is directly next door, as well as the Marriott Albany across the road. • Predictable Cash Flow. Built-in rent escalations 2% annually with 4 x 5-year renewal options. • Zero Landlord Responsibilities. The tenant is responsible for all taxes, insurance, and maintenance, including the roof and structure.

Market Context

This food service in Colonie, NY is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Colonie, NY — view the full market.

Contact

  • Henri Kessler
  • Eric Anton

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