LongHorn Steakhouse NNN Ground
For Sale
Contact for pricing
975 Blowing Rock Blvd, Lenoir, NC 28645
NNN ground lease with a nationally recognized casual-dining operator.
Property Size4,979 SF
Price / SF$627.64
Days on Market107
Property Features for 975 Blowing Rock Blvd
General Information
Standard status
Active
Size
4,979 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$175,000
Building Details
Year Built
2008
Tenancy
Single
Listing Agency:
JLL Chicago | Americas Headquarters
Listed By:
Alex Sharrin · License #IL 475.170243
Source:
Crexi
Added: May 14
Changed: Aug 27
Last Checked: Aug 26 at 9:34AM
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.
The LongHorn Steakhouse property, located at 975 Blowing Rock Blvd, Lenoir, NC 28645, is available for acquisition. The property operates under an absolute NNN ground lease, offering zero landlord responsibilities and approximately 14.6 years of remaining lease term. This represents an opportunity to acquire a passive income stream from a nationally recognized casual-dining operator with high value intrinsic real estate. The property size is 4979 square feet.
Key Highlights
- Absolute NNN ground lease with zero landlord responsibilities.
- Approximately 14.6 years of lease term remaining.
- Passive income stream opportunity.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
307
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28645, NC
46,004
Population
21,558
Households
2.1
Avg Household Size
45
Median Age
17%
College-Educated
82%
High-School Grad
329.1 sq mi
ZIP Area
140
Density / Sq Mi
$50,529
Median Household Income
$34,526
Median Earnings
$726
Median Rent
$157,800
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 - NNN ground lease with a nationally recognized casual-dining operator.
Where is this conventional restaurant located?
The property is located at 975 Blowing Rock Blvd Lenoir, NC.
What is the asking price?
The asking price for this property is $3,125,000.
What are key features of this property?
This property features: Absolute NNN ground lease with zero landlord responsibilities.; Approximately 14.6 years of lease term remaining.; Passive income stream opportunity.
