"Goodbye, Ruby Tuesday"
 "Who could hang a name on you?..." Ok, getting serious: Capital Pacific recently closed on a free-standing Ruby Tuesday, with a 20-year absolute NNN ground-lease signed by Ruby Tuesday, Inc. The 4,600 square foot building, on 1.40 acres of land, is located in the exploding retail market of Clarksville, IN. Just a few notable neighbors include: Wal-Mart Supercenter, Lowe's Home Improvement, Sam's Club, Staples, Bed Bath & Beyond, and Bass Pro Shops: over 500,000 square feet of new retail has opened in this area recently. Capital Pacific also listed a Chick-Fil-A ground lease adjacent to this property, which is currently under contract. |