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This Retail Property is no longer advertised on LoopNet.ca.

16400 Northcross Dr
Huntersville, NC 28078

Outback Steakhouse · Retail Property For Sale

Investment Highlights

  • The lease is corporately guaranteed by OSI Restaurants, LLC (Bloomin' Brands)
  • The Subject Property is situated on a massive 2.44-acre parcel and has 8+ years remaining on an absolute-net lease
  • This Outback lease features 1% annual rental increases throughout the base term and each of the four, 5-year options to renew
  • Huntersville, NC is a dense and affluent submarket within the Charlotte Metropolitan Area with more than 106,000 residents

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
6,624 SF
Building Class
C
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.43 AC
Zoning
B1CD
Parking
106 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
498 ft on Northcross Dr

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
005-361-03
Land Assessment
$2,991,452
Improvements Assessment
$1,599,975
Total Assessment
$4,591,428
  • Listing ID: 29289413

  • Date on Market: 2023-08-16

  • Last Updated:

  • Address: 16400 Northcross Dr, Huntersville, NC 28078

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