Restaurants /NC /Wake County /Cary /5707 Dillard Dr
Restaurants /NC /Wake County /Cary /5707 Dillard Dr

5707 Dillard Dr - Restaurant FOR SALE


Cary, NC 27518 | 
$4,295,454 USD
949-419-3267
5707 Dillard Dr, Cary, NC for Sale
$4,295,454 USD
Restaurant - FOR SALE
1/7
null | 5.5% Cap Rate
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5707 Dillard Dr
Cary, NC 27518

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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

FOR SALE DETAILS

PRICE

$4,295,454 USD

PRICE/SF

$588 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Corporate BJ’s Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.06 AC

LAND SF

89,734 SF

ZONING

GCCU

APN/PARCEL ID

0772.07-69-0945-000

ASK ABOUT THIS PROPERTY

Peter DeltondoDeltondo Advisory GroupMore Info
949-419-3267

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Peter DeltondoDeltondo Advisory GroupMore Info
949-419-3267

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

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