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Ruby Tuesday NNN Property
For Sale
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7611 Thorndike Rd, Greensboro, NC 27409

Restaurant asset subject to an absolute triple-net lease with annual rent increases.

Property Size6,634 SF
Days on Market143

Property Features for 7611 Thorndike Rd

General Information

Standard status Active
Size 6,634 SF
Property subtype Retail
Listing Agency: Northmarq
Listed By: Amar Goli · License #01883944
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 9:11PM

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 Northmarq

Investment Insights

Based on property information with market context.

The offering comprises a 6,634-square-foot Ruby Tuesday restaurant asset at 7611 Thorndike Rd in Greensboro, North Carolina. The property is structured as an absolute triple-net lease investment, with the tenant responsible for the applicable property expenses under the lease arrangement.

Annual rent increases are incorporated into the lease terms. The asset is identified as an NNN property and is being offered for sale to qualified investors.

Key Highlights

  • 6,634 SF Ruby Tuesday restaurant asset
  • Absolute triple‑net lease structure
  • Annual rent increases included in the lease

Property Analytics

Current Use

MrBeast Burger Restaurant WOW BAO Restaurant Ruby Tuesday Restaurant

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Catering Service Butcher Cafe & Coffee Shop

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

361
Businesses Nearby
97k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 67% Hotels & Casinos 21% Shops & Services 12%
McDonald's Dining
31,166 visits/mo 0.3 miles
Bojangles' Famous Chicken 'n Biscuits Dining
13,809 visits/mo 0.1 miles
Wendy's Dining
10,122 visits/mo 0.1 miles
Exxon Shops & Services
8,732 visits/mo 0.2 miles
Ruby Tuesday Dining
6,945 visits/mo 0.1 miles

Demographics for 27409, NC

17,378
Population
9,616
Households
1.8
Avg Household Size
36
Median Age
38%
College-Educated
96%
High-School Grad
19.9 sq mi
ZIP Area
873
Density / Sq Mi
$57,862
Median Household Income
$40,298
Median Earnings
$1,173
Median Rent
$189,200
Median Home Value

Market

Vacancy Rate% for Retail in Greensboro, NC

6% 2020
6.5% 2021
4.6% 2022
4.7% 2023
4.6% 2024
4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Restaurant asset subject to an absolute triple-net lease with annual rent increases.
Where is this nnn property located?
The property is located at 7611 Thorndike Rd Greensboro, NC.
What are key features of this property?
This property features: 6,634 SF Ruby Tuesday restaurant asset; Absolute triple‑net lease structure; Annual rent increases included in the lease
(980) 895-3178 Call to check price and availability
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