187 Watauga Village Dr - Restaurant FOR SALE
Boone, NC 28607 |
$3,434,000 USD
704-379-1985
187 Watauga Village Dr
Boone, NC 28607
HIGHLIGHTS
- New 2026 construction
- Absolute net ground lease | Zero landlord responsibilities
- Desirable lease term | New 10-year term
- Corporate Lease | Rare Hospitality International, Inc. | 629 locations
- Located in the center of Boone’s retail corridor | Generates 17.2M visitors annually
- Outparcel to high performing Walmart Supercenter that ranks in the 96th percentile in NC
FOR SALE DETAILS
PRICE
$3,434,000 USD
PRICE/SF
$615 USD /SF
CAP RATE
4.95%
% LEASED
-
TENANCY
Single
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
LongHorn Steakhouse Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2026
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.46 AC
LAND SF
20,038 SF
ZONING
Commercial
APN/PARCEL ID
2910-51-8203-000
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704-379-1985
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704-379-1985
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