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Ruth’s Chris Steak House

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Ruth’s Chris Steak House

74740 California 111

Palm Desert, CA 92260

Price:
$8,650,000
Cap Rate:
5.25%
NOI:
$446,633
Rentable SQFT:
8,544
Year Built:
2001
Lot Size:
1.603 Acres
Lease Type:
NNN
Type of Ownership:
Fee-Simple
Status:
Available

Investment Highlights

  • Ruth’s Hospitality Group, Inc. operates the largest chain of upscale steak-house restaurants in the United States based on number of restaurants
  • Today, there are over 136 Ruth’s Chris Steak House restaurants, including twelve international locations in Mexico, Hong Kong, Taiwan, Tokyo, Aruba and Canada
  • The Ruth’s Hospitality Group, Inc. portfolio of restaurants includes Mitchell’s Fish Market, Mitchell’s Steakhouse and Cameron’s Steakhouse Brands, which were acquired by the Company in February 2008

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Mark Thiel

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858-373-3206

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