New Outback Steakhouse
For Sale
Contact for pricing
3601 Raleigh Rd Pkwy W, Wilson, NC 27896
Brand-new restaurant operated under a long-term absolute NNN ground lease.
Property SizeContact for details
Days on Market143
Property Features for 3601 Raleigh Rd Pkwy W
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Traffic Count
50,000 vehicles/day
Listing Agency:
JLL Chicago | Americas Headquarters
Listed By:
Alex Sharrin · License #IL 475.170243
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 3:34AM
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 JLL Chicago | Americas Headquarters
Investment Insights
Based on property information with market context.
This brand-new Outback Steakhouse restaurant is subject to a 15-year absolute NNN ground lease with 10.0% rent increases every 5 years. The lease includes four, five-year renewal options and assigns zero landlord responsibilities. The property is located at 3601 Raleigh Road Parkway West in Wilson, North Carolina.
The restaurant occupies an outparcel at Heritage Crossing, a 311,000+ square foot shopping center. It sits near the intersection of Raleigh Road Parkway and Airport Blvd, with visibility to nearly 50,000 vehicles per day. Wilson is positioned 40 miles east of Raleigh and serves as the county seat of Wilson County.
The restaurant occupies an outparcel at Heritage Crossing, a 311,000+ square foot shopping center. It sits near the intersection of Raleigh Road Parkway and Airport Blvd, with visibility to nearly 50,000 vehicles per day. Wilson is positioned 40 miles east of Raleigh and serves as the county seat of Wilson County.
Key Highlights
- Brand‑new Outback Steakhouse restaurant at 3601 Raleigh Road Parkway West
- 15‑year absolute NNN ground lease with 10.0% rent increases every 5 years
- Four, five‑year renewal options and zero landlord responsibilities
Property Analytics
Property Profile
Current Use
Lease Details
50,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
458k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 29%
Dining 20%
Superstores 16%
Shops & Services 13%
Target
Superstores
73,405 visits/mo
0.4 miles
Marshalls
Apparel
41,161 visits/mo
0.3 miles
Harris Teeter
Groceries
39,150 visits/mo
0.4 miles
Belk
Apparel
35,887 visits/mo
0.2 miles
Ross Dress for Less
Apparel
26,133 visits/mo
0.3 miles
Demographics for 27896, NC
20,683
Population
8,496
Households
2.4
Avg Household Size
42
Median Age
34%
College-Educated
91%
High-School Grad
35.2 sq mi
ZIP Area
588
Density / Sq Mi
$67,893
Median Household Income
$44,339
Median Earnings
$1,093
Median Rent
$213,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Brand-new restaurant operated under a long-term absolute NNN ground lease.
Where is this conventional restaurant located?
The property is located at 3601 Raleigh Rd Pkwy W Wilson, NC.
What are key features of this property?
This property features: Brand‑new Outback Steakhouse restaurant at 3601 Raleigh Road Parkway West; 15‑year absolute NNN ground lease with 10.0% rent increases every 5 years; Four, five‑year renewal options and zero landlord responsibilities
