Your email has been sent.
Corporate BJ’s Restaurant 5707 Dillard Dr 7,500 SF Retail Building Cary, NC 27518 $5,996,110 CAD ($799.48 CAD/SF) 5.78% Cap Rate
INVESTMENT HIGHLIGHTS
- ABSOLUTE-NET GROUND LEASE | ZERO LANDLORD OBLIGATIONS
- RECENT CONSTRUCTION | MODERN 7,500 SF RESTAURANT FOOTPRINT
- PREMIER MSA LOCATION | RALEIGH-CARY METRO STATISTICAL AREA
- CONTRACTUAL RENT GROWTH | 5% EVERY 5 YEARS
- GROUND LEASE STRUCTURE MITIGATES OBSOLESCENCE RISK
- AFFLUENT & DENSE TRADE MARKET
PROPERTY FACTS
AMENITIES
- Restaurant
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
- -
- -
- Triple Net
- Oct 2036
BJ’s Restaurants, Inc. (“BJ’s”) is a national brand with brewhouse roots and a menu where craft matters. BJ’s broad menu has something for everyone: slow-roasted entrees, BJ’s EnLIGHTened Entrees®, signature deep dish pizza, and the often imitated, but never replicated world-famous Pizookie® dessert. BJ’s has been a pioneer in the craft brewing world since 1996 and takes pride in serving BJ’s award-winning proprietary handcrafted beers, brewed at its brewing operations in five states and by independent third-party craft brewers. The BJ’s experience offers high-quality ingredients, bold flavors, moderate prices, sincere service, and a cool, contemporary atmosphere. Founded in 1978, BJ’s owns and operates restaurants throughout the United States.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Accommodation and Food Services | - | - | Triple Net | Oct 2036 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0772.07-69-0945-000 | Improvements Assessment | $2,168,465 CAD |
| Land Assessment | $4,392,241 CAD | Total Assessment | $6,560,706 CAD |
PROPERTY TAXES
Presented by
Corporate BJ’s Restaurant | 5707 Dillard Dr
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.