Red Lobster

• Irreplaceable Position on Visalia’s Premier Retail Corridor – Located on South Mooney Boulevard, Visalia’s primary retail corridor with over 25,500 vehicles per day, the property benefits from exceptional visibility and access. The 2.12-acre parcel and 8,187-square-foot restaurant building offer valuable flexibility for future redevelopment, reconfiguration, or alternative uses.
• Regional Economic Hub with Strong Growth – As the largest city in Tulare County, Visalia serves a trade area of more than 630,000 residents. The city has experienced strong population growth in recent years, while the surrounding five-mile trade area boasts average household incomes exceeding $113,035, supporting strong consumer spending.
• Heart of Visalia’s Dominant Retail Trade Area – The property is positioned within Visalia’s premier retail corridor, surrounded by major national retailers including Macy’s, JCPenney, Target, Costco, Lowe’s, Best Buy, Walmart, Kohl’s, Ross, and Dick’s Sporting Goods. This concentration of retail creates a powerful regional shopping destination that drives consistent traffic.
• Industrial Expansion Supporting Long-Term Demand – Significant industrial development continues to fuel economic growth in Visalia, including a new 1.27 million-square-foot warehouse and CapRock’s 5 million-square-foot Central Point industrial project. These developments are expected to create thousands of jobs and support long-term consumer demand.
• Absolute NNN Lease – Red Lobster operates under an Absolute NNN lease and is responsible for all property expenses, including taxes, insurance, maintenance, roof, and structure, providing investors with a truly passive ownership opportunity.