Lowest Cap Rate
5.75%
Lowest Cap Rate over past 24 months
Average Cap Rate
Low Transaction Volume
Contact for Details
Contact for Details
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
0.00%
Average Cap Rate over previous quarter
Overview
Red Robin is an American chain of casual dining locations, based out of Seattle, Washington. There are over 570 locations, 90 of those being franchise locations. Red Robin was founded in 1969 and has grown into an iconic American dining spot. In general, Red Robin offers a 15 to 20-year lease with varying escalations. The standard prototype location is usually around 5,000 - 6,000 square feet, seating up to 200 patrons. Recently Red Robin has been offering a new prototype location designed for end cap locations and malls with a square footage of 1,800-2,500 square feet for 50 customers.
Property & Lease
Sales Price Range$2,000,000 - $2,500,000
NOI Range$125,000 - $150,000
Building SF5,000 - 6,000
Lease Term15 - 20 Years
EscalationsVaries
Stock SymbolNASDAQ:RRGB
Credit Rating
S&PN/A
Moody'sN/A
Cap Rate By Region
Average regional cap rates calculated over past 24 months, irrespective of term length
6.21
4.18
5.90
N/A
N/A
5.64
*Regional cap rates calculated from sales data available over the past 24 months, irrespective of remaining term.
Financial Fundamentals
- Overview
- Cap Rate By Region
- Financial Fundamentals
- Stock Analysis
Recent Sales Comps
Spokane Valley , WA6.52%
Bellingham, WA5.75%
Altoona , PA6.66%
Top Consumer Traffic
Redlands, CA563,100
Northridge, CA461,800
Pensacola, FL451,700
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data
