Long Term Ground Lease – 15 year ground lease with 10% increases every 5 years | 4- (5) Five year options to renew
Brand New Construction – Delivered in Q2 2020
Source of Passive Income – Absolute Net Ground Lease with no Landlord Responsibilities
Strong Lease Guarantor – Bloomin’ Brands is one of the world’s largest casual dining companies with approximately 93,000 employees and 1,450+ restaurants worldwide
Brand Recognition – Outback Steakhouse has been operating since 1988 with over 1,000 locations in 46 states
Tenant Commitment to Site – Outback self-funded the high-quality, ground-up construction at this location
Strategic Location – Located in heart of major Raleigh retail corridor with national retailers including Walmart, Home Depot, Petsmart, and the Triangle Town Center Mall anchored by Macy’s and Belk
Robust Traffic Counts- Capital Blvd (50,500 VPD) and Spring Forest Road (19,000 VPD)
Dense Trade Area – 3 Mile Population of 86,734 | 5 Mile population of 205,151
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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
What is the asking price for 5200 Capital Boulevard in Raleigh?
The asking price for 5200 Capital Boulevard is $3,814,433
What is the building size of this Retail property in Raleigh, NC?
The size of the building/unit at 5200 Capital Boulevard in Raleigh is 6,525 square feet
How much land does the Raleigh, NC property at 5200 Capital Boulevard include?
5200 Capital Boulevard in Raleigh includes 1.630 acres of land
What kind of Retail is the propery at 5200 Capital Boulevard?
The property at 5200 Capital Boulevard Raleigh, NC 27616 is listed as a Free Standing Building Retail property
What is the population within 1 mile of 5200 Capital Boulevard in Raleigh?
The population within 1 mile of 5200 Capital Boulevard Raleigh, NC 27616 is 10,463 people.
Who do I contact for questions about 5200 Capital Boulevard?
You should contact the listing agent,
Sam Young, for any details regarding this commercial listing.
