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65 Son-Lan Pky
Garner, NC 27529

$2,250,000 USD

Restaurant For Sale  •  4,698 SF

Property Details

• Property Type Restaurant
• Total Building Size 4,698 SF
• Lot Size 1.99 AC
• Building Class B
• Year Built 2005
• Cap Rate 6.73 %
• Tenancy Single
• Zoning I-2

40 Walk Score

Highlights

Prime Location within the Raleigh MSA: Garner benefits from its strategic proximity to Raleigh, a core market within the Research Triangle

Built-In Rent Growth: The lease features fixed 2% annual rent increases, providing consistent income growth and enhancing long-term cash flow

Strong Unit Performance: The property demonstrates strong in-place sales with a rent-to-sales ratio of 7.34%

Absolute NNN Lease: The asset is secured by an absolute NNN lease with a corporate guarantee from Ruby Tuesday Operations LLC

High Visibility Location: Positioned along a major retail corridor with traffic counts exceeding 64,000 vehicles per day on Interstate 40

Expansive Site: Situated on a large 1.88-acre parcel, the property offers strong underlying real estate fundamentals, efficient site layout

Cap Rate:

6.73 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Ruby Tuesday		6/14/2028

Amenities

• Freeway Visibility
• Pylon Sign
• Signage

Public Transportation

Airport	Drive	Walk	Distance
Raleigh-Durham International	39 min	-	29.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	130
Type:	Surface
Included in Rent:	Yes