Property profile

1726 Glidewell Dr Burlington, NC 27215

OFF-MARKET
Retail properties & Spaces
5,927 SF
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Property summary

AI-generated overview

This exceptional 5,927 square foot restaurant space is situated on a 1.84-acre lot in Burlington, North Carolina. Currently vacant, this single-tenant property offers significant potential for a variety of food service concepts. The building boasts 127 parking spaces, ensuring ample customer convenience. Its strategic location as an outparcel to Alamance Crossing, a major retail center encompassing 855,000 square feet and over 70 retailers, guarantees high foot traffic and brand visibility. Alamance Crossing's established presence provides a strong anchor for this property, attracting a diverse customer base. The site benefits from excellent visibility to University Drive, a major thoroughfare with over 34,000 vehicles passing daily, maximizing exposure to potential customers. This prime location, combined with the substantial building size and ample parking, presents a rare opportunity for a discerning restaurateur seeking a high-traffic, easily accessible location in a thriving retail environment. The property's size and configuration offer flexibility for customization to suit a wide range of restaurant concepts. This is an ideal opportunity to establish a successful restaurant business in a well-established and highly visible retail center. The property is located in Alamance County.

Property profile

Verified
Property type Retail properties & Spaces
Total area 5,927 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1726 Glidewell Dr Burlington, NC 27215
Burlington metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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