
Ryan McArdle
License: GA 317459
ryan.mcardle@thepalomargroup.com
Office: 706-407-4443
Cell: 706-631-8897
This property has sold.
Details: Retail
Asking Price: $3,158,000
Square Feet: 4,965 SF
Asking Cap Rate: 4.75%
NOI: $150,000
10450 E Independence Blvd, Matthews, NC 28105
THE ASSET
Absolute Ground Lease
Zero Landlord Responsibilities
Corporate Lease with Bloomin’ Brands
Publicly Traded Company
NASDAQ: BLMN
Bonefish Grill Has Over 200 Locations Nationwide
Initial Term Until 9/30/2032
Relocation Store From Within The Trade Area
10% Rent Escalations Every 5 Years Of Initial Term
4, 5 Year Options
10% Rent Escalations In Every Renewal
PROPERTY FUNDAMENTALS
License: GA 317459
ryan.mcardle@thepalomargroup.com
Office: 706-407-4443
Cell: 706-631-8897
This property has sold.