Restaurant For Sale • 7,500 SF
| ABSOLUTE-NET GROUND LEASE | ZERO LANDLORD OBLIGATIONS |
| CONTRACTUAL RENT GROWTH | 5% EVERY 5 YEARS |
| RECENT CONSTRUCTION | MODERN 7,500 SF RESTAURANT FOOTPRINT |
| GROUND LEASE STRUCTURE MITIGATES OBSOLESCENCE RISK |
| PREMIER MSA LOCATION | RALEIGH-CARY METRO STATISTICAL AREA |
| AFFLUENT & DENSE TRADE MARKET |
| Cap Rate: | 5.78 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| BJ's Restaurant & Brewhouse | 10/17/2036 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Cary Station (Piedmont - North Carolina by Train (NC Train)) | 9 min | - | 3.8 mi |
| Raleigh Union Station (Piedmont - North Carolina by Train (NC Train)) | 12 min | - | 7.0 mi |
| Airport | Drive | Walk | Distance |
| Raleigh-Durham International | 20 min | - | 12.0 mi |