Other Retail
Ruth’s Chris Steak House
Other Retail Offerings
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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