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Outback Steakhouse Restaurant
For Sale
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16400 Northcross Dr, Huntersville, NC 28078

Restaurant property offered for sale in Huntersville, North Carolina.

Property Size6,624 SF
Days on Market144

Property Features for 16400 Northcross Dr

General Information

Standard status Active
Size 6,624 SF
Property subtype Retail

Additional Details

Cap Rate 6%
Listing Agency: CBRE - Philadelphia Suburban
Listed By: Matthew Gorman · License #PA RS287470
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 4:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Philadelphia Suburban

Investment Insights

Based on property information with market context.

Outback Steakhouse restaurant property at 16400 Northcross Dr in Huntersville, North Carolina. The property contains 6,624 SF and is presented with a 6.00% CAP rate. The asset is offered for sale.

Key Highlights

  • 6,624 SF restaurant property
  • 6.00% CAP rate
  • Outback Steakhouse property

Property Analytics

Current Use

Outback Steakhouse Restaurant

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Auto Repair Shop Storage Facility Electrical Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,719
Businesses Nearby
328k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 47% Shops & Services 37% Groceries 11% Electronics 3%
Chick-fil-A Dining
42,235 visits/mo 0.4 miles
Whole Foods Market Groceries
34,613 visits/mo 0.4 miles
Exxon Shops & Services
25,728 visits/mo 0.4 miles
McDonald's Dining
24,513 visits/mo 0.4 miles
Circle K Shops & Services
23,232 visits/mo 0.4 miles

Demographics for 28078, NC

67,863
Population
27,659
Households
2.5
Avg Household Size
37
Median Age
56%
College-Educated
97%
High-School Grad
63.7 sq mi
ZIP Area
1,065
Density / Sq Mi
$120,503
Median Household Income
$67,055
Median Earnings
$1,722
Median Rent
$441,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property offered for sale in Huntersville, North Carolina.
Where is this conventional restaurant located?
The property is located at 16400 Northcross Dr Huntersville, NC.
What are key features of this property?
This property features: 6,624 SF restaurant property; 6.00% CAP rate; Outback Steakhouse property
(484) 567-2340 Call to check price and availability
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