Tenant: Outback Steakhouse
Premises: 5608 SF
Renewal Options: 2 x 5
Lease Expiration: 12/31/2020
Lease Type: NNN
Rental Increases: 10% Every 5 Years
Outback Steakhouse is an Australian themed steakhouse restaurant. Although beef and steak items make up a good portion of the menu, the concept offers a variety of chicken, ribs, seafood, and pasta dishes. The Company’s strategy is to differentiate its restaurants by emphasizing consistently high-quality food and service, generous portions at moderate prices and a casual atmosphere suggestive of the Australian Outback.
Bloomin’ Brands, Inc., headquartered in Tampa, Florida was founded in 1988 by those who believe in hospitality, sharing, quality, being courageous and having fun! Bloomin’ Brands, Inc., is a company of restaurants that owns and operates Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar. Today, Bloomin’ Brands is one of the world’s largest casual dining companies with approximately 95,000 Team Members and more than 1,500 restaurants throughout 48 states, Puerto Rico, Guam and 21 countries.