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4416 Durham Chapel Hill Blvd
Durham, NC 27707

Red Lobster · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
7,084 SF
Building Class
B
Year Built
1977
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.00 AC
Zoning
C1 - Commercial
Parking
68 Spaces (2.7 Spaces per 1,000 SF Leased)
Frontage
78 FT on Durham Chapel Hill Blvd

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

About 4416 Durham Chapel Hill Blvd , Durham, NC 27707

Fantastic Investment Opportunity. The terms include: • Long term lease with ~16 years remaining • Absolute net lease structure with zero landlord responsibilities • Corporate guarantee with over 700+ locations • 100% Fee Simple Ownership • 2% annual escalations • Four, Five Year renewal options

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
139336
Land Assessment
$693,315
Improvements Assessment
$880,027
Total Assessment
$1,573,342
  • Listing ID: 15169876

  • Date on Market: 2/13/2019

  • Last Updated:

  • Address: 4416 Durham Chapel Hill Blvd, Durham, NC 27707

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