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5707 Dillard Dr
Cary, NC 27518 Cary Crossroads/Apex

$4,295,454 USD

Restaurant For Sale  •  7,500 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 7,500 SF
  • Lot Size 2.06 AC
  • Building Class B
  • Year Built 2016
  • Cap Rate 5.78 %
  • Tenancy Single
  • Zoning GCCU
29 Transit Score
54 Walk Score

Highlights

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

Property Flyers

Cap Rate: 5.78 %

Major Tenants

Tenant SF Occupied Lease End Date
BJ's Restaurant & Brewhouse 10/17/2036

Amenities

  • Restaurant

Public Transportation

Commuter RailDriveWalkDistance
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
AirportDriveWalkDistance
Raleigh-Durham International 20 min - 12.0 mi
Peter Deltondo 949-419-3267 Deltondo Advisory Group
Peter Deltondo 949-419-3267 Deltondo Advisory Group