For Sale
$3,689,000
3601 Raleigh Road Pkwy Wilson, NC 27896
- Added:
- Dec 11, 2024
- Days on market:
- 131
Highlights
- New 15-year absolute NNN ground lease with four 5-year renewal options and 10% rent increases every 5 years.
- No landlord responsibilities.
- Outback Steakhouse, a subsidiary of Bloomin' Brands ($4.4B+ revenue), operates over 1,300 locations globally.
- Located in Wilson, NC, a manufacturing hub with over 90 manufacturers and significant recent capital investment.
- High-traffic location at a lighted intersection (23.5k & 27.5k VPD) with excellent ingress/egress and proximity to major employers (including Bridgestone).
- Dominant retail node with over 1.2 MSF of retail space within a one-mile radius and a ~0.6% vacancy rate, across from a Target-anchored power center.
Property Details for 3601 Raleigh Road Pkwy
- Property type
- Retail properties, Restaurants
- Square Feet
- 5,000 SF
- Class
- A
- Year Built/Renovated
- 2024/2024
- Lot Size (sq. ft)
- 80,150 SF
Location Insight
- City
- Wilson
- County
- Wilson
- State
- North Carolina
- Latitude
- 35.74476397
- Longitude
- -77.9660937
3601 Raleigh Road Pkwy, Wilson, North Carolina
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FAQs
- Where is the retail property located?
- The property is located at 3601 Raleigh Road Pkwy Wilson, NC.
- What is the asking price?
- The asking price for this property is $3,689,000.
- What are key features of this property?
- This property features: New 15-year absolute NNN ground lease with four 5-year renewal options and 10% rent increases every 5 years.; No landlord responsibilities.; Outback Steakhouse, a subsidiary of Bloomin' Brands ($4.4B+ revenue), operates over 1,300 locations globally.
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