← Back to search
Full address and location view are included with full property data. Get Full Property Data

Outback Steakhouse Absolute NNN

Redding, CA · QSR / Restaurant

Asking price
$2,577,255
Cap rate
5.50%
NOI
$141,749

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeAbsolute NNN
Term remaining7.2 yrs
Expiration09/2033
Rent bumps10% every 5 Years
Options—
Ground leaseYes
Credit profileFranchisee
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF6,163
Price / SF$418
Year built1998
Lot size1.14 ac
TypeQSR/Fast Food, Restaurant, Storefront
Days on market19

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Get full property data

Registered buyers see the full address, location map, and property highlights, and can request a due diligence review.

Optional. On time-sensitive listings a call reaches you faster than email. We will not use it for automated calls or texts.

Asking-market observation aggregated from public listing sources, last observed Oct 2, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.