CARRABBA’S ITALIAN GRILL

NEC Interstate 40 & Highway 15, Durham, NC

Price $1,800,000
Size 7,500 SF
Price per SF $240
Cap Rate 5.5 (A)
Occupancy 100%
Year Built 2005

(A) = Cap rate based on actual income at stated occupancy

I had a relationship with a buyer in a 1031 exchange that specifically wanted a newer restaurant on a ground lease to look for his own exchange property.

Location