151 Saint Mark Ave
Selma, NC 27576
Longhorn · Commerce de détail Propriété À vendre

This offering presents a rare opportunity to acquire a leased fee interest in a newly constructed, corporate-guaranteed LongHorn Steakhouse under a NNN ground lease structure. Located in Selma, North Carolina, within the growing Raleigh-Cary MSA, this asset features a brand-new 10-year lease with four 5-year extension options and scheduled 10% rental increases every five years. With minimal landlord responsibilities, this property provides a reliable, low-maintenance investment with inflation-hedged returns.
The subject property is strategically positioned within Eastfield, a 435-acre mixed-use development at the intersection of Interstate 95 and U.S. Highway 70 East. This dynamic regional corridor reports over 63,400 vehicles daily and hosts over 1 million square feet of complementary retail space along with business parks, multifamily, senior living, and hotel developments. Nearby tenants include Target, Marshalls, BJ’s Wholesale, Starbucks, Chick-fil-A, and McDonald’s, collectively driving consistent customer traffic. Located in an Opportunity Zone, this investment also offers potential tax benefits.