16400 Northcross Dr | Huntersville, NC 28078
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- LoopNet Team
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
| Parcel Number | 005-361-03 | Improvements Assessment | $1,110,400 |
| Land Assessment | $2,076,100 | Total Assessment | $3,186,500 |
PROPERTY TAXES
Parcel Number
005-361-03
Land Assessment
$2,076,100
Improvements Assessment
$1,110,400
Total Assessment
$3,186,500
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