Malan and Marcello
Red Robin

Red Robin

2385 Sand Creek Road

Brentwood, CA 94513

$2,981,000
Asking Price
$186,340
NOI
6.25%
Cap Rate
5,618 SF
Gross Leasable Area
0.92 acres
Lot Size
2009
Year Built

Description

The Red Robin property is a freestanding, approximately 5,618-square-foot restaurant on about 0.92 acres within The Streets of Brentwood. Colliers is marketing the single-tenant investment. Red Robin has operated here since 2009, with a five-year lease extension through 2029 identified in the offering.

The absolute NNN ground lease is reported to carry no landlord responsibilities and provides 10% rent increases every five years, including options. Buyers should verify the lease structure and obligations in the executed documents. The property fronts Sand Creek Road near State Route 4, with combined reported traffic exceeding approximately 86,558 vehicles daily. The surrounding roughly 358,700-square-foot retail and entertainment center includes Sprouts, AMC, Barnes & Noble and other national operators, with additional hotel, healthcare and retail development identified nearby.

Offering Summary

Property TypeRetail
Asking Price$2,981,000
Price PSF$531
Size0 SF
Available0 SF
Occupancy100%
Built2009
Total Acres~0.92 ac

Sale Details

Cap Rate6.25%
NOI$186,340
In-Place Cap Rate6.25%
In-Place NOI$186,340

Documents

Property Address

Property Details

Property TypeRetail
Gross Leasable Area (SF)5,618 SF
Available GLA (SF)5,618 SF
Occupancy100%
Lease TypeNNN, Absolute Net
Year Built2009
Year Renovated2009
Acres0.92 acres
ZoningCommercial
APN019-910-001
Ownership InterestGround Lease
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Deal Team

Adam Malan

Adam Malan

Vice Chair
NV RE Lic. 0063542
Deana Marcello

Deana Marcello

Executive Vice President
NV RE Lic. 174174