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PROPERTY ADDRESS
238 Gibson Dr., Roseville, CA 95678
PROPERTY INFORMATION
INVESTMENT HIGHLIGHTS
- Brand New 8,000 SF Restaurant w/ 1,773 SF Covered Patio Seating
- 20 Year Absolute NNN Lease | Zero Landlord Responsibilities
- 10% Rent Increase Every 5 Years
INVESTMENT SUMMARY
Fortis Net Lease is proud to present a new free standing Lazy Dog Restaurant & Bar at the intersection of Roseville Parkway and Gibson Drive in Roseville, CA. At the close of escrow, the tenant, Lazy Dog Corporate, will sign a brand new 20 year absolute NNN lease requiring zero landlord responsibilities. The lease also features 10% increases every 5 years to hedge against inflation. These rent escalations are also included in the two, five year options.
The subject property is located along a major retail corridor and is surrounded by many national tenants including: Nordstom, Apple, Old Navy, Best Buy, Sprouts Farmers Market, Home Depot, Costco, Staples, Toys R Us, Dave & Busters, Bed, Bath & Beyond, Marshalls, REI and more.