The Kase Group is pleased to present the opportunity to purchase well
established Red Robin location in Abilene, Texas with a new 15 year absolute
NNN lease. The recently extended lease calls for zero landlord obligations
and is corporately guaranteed by Red Robin. There are 10% increases every 5
years throughout the initial term and options, and four 5-year renewal
options. The building sits outparcel to the Shops at Abilene, a dominant
regional power center anchored by Ross, PetSmart, Old Navy and TJ Maxx.
The asset benefits from nearby traffic counts of 21,838 VPD along Catclaw
Dr, 24,270 VPD along Southwest Dr and nearby U.S. Route 83, which carries
over 59,000 VPD. The location is 6 miles from Dyess Air Force Base and 10
miles from Downtown Abilene. Surrounding tenants include The Home Depot,
Walmart Super Center, Burlington, Dollar Tree, Five Below, Wendy's, Mattress
Firm, The UPS Store, Dollar General, Chick-fil-A, Denny's and more.