This Retail Property is Off-Market.

521 Huffman Mill Road
Burlington, NC 27215 ·

6,650 SF · Retail For Sale



O'Charley's Restaurant

Price N/A Cap Rate 8.48%
Building Size 6,650 SF Occupancy 100%
Property Type Retail Tenancy Single
Property Sub-type Restaurant Year Built 1999
Property Use Type Net Lease Investment with 10+ years left on lease Lot Size 1.81 AC
Listing ID: 17406902 Date Created: 11/08/2011 Last Updated: 01/24/2013


There are approximately 11.5 years remaining on this absolute triple net O'Charley's corporate lease with annual rental increases. The rent increases by 70% of CPI (U.S. City Average, all Urban Consumers on the 1982-1984 = 100 index) not to exceed 1.75% in years 6-15, then 50% of the CPI which shall not exceed 1.25% during years 16-20 and during option periods. This lease is absolute triple net providing for no landlord responsibilities.

O' Charley' s is a 230+/- location restaurant chain headquartered in Nashville, TN. O'Charley's also operates other casual dining restaurants in the United States under the brand of Ninety Nine and Stoney River Legendary Steaks. They currently have a credit rating of 'B-' from Standard & Poors.

The subject property is a 6,650+/- square foot O'Charley's Restaurant located on 1.81+/- acres in Burlington, NC as an outparcel to KMart along Huffman Mill Road, a major retail corridor in the Burlington area. Located about 1/2 mile off of Interstate-40/85, the property is within the immediate vicinity of other retailers such as Walmart, Chick-Fil-A, McDonald's, JC Penney, Dillards, Kohl's, Dick's, KFC, and the Holly Hill Shopping Mall. The average daily traffic count on Huffman Mill Road was reported as 31,000 in 2003.


  • 11.5+/- Years Remaining on Initial Lease Term
  • Absolute NNN Lease - No Landlord Responsibilities
  • Publicly Traded Tenant - 'B-' S&P Rating
  • Corporately Guaranteed Lease
  • Annual Rental Increases
  • Nearby Retailers - Walmart, Dick's, Dillards, Kohl's, JC Penney


521 Huffman Mill Road, Burlington, NC 27215 (Alamance County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Burlington Market Trends - Asking price index trends, sale price trends, asking rent trends

Robert Pfeiffer's Other Listings

  • 1653 Cloud Springs Road
    1653 Cloud Springs Road

    Rossville, GA 30741

    For Sale · $937,000

    16,000 SF Building

    Free Standing Bldg

  • 369 S Church St
    369 S Church St

    Homerville, GA 31634

    For Sale · $1,314,000

    17,369 SF Building

    Free Standing Bldg

  • 17 US Highway 19E
    17 US Highway 19E

    Elk Park, NC 28622

    For Sale · $1,616,000

    10,566 SF Building

    Free Standing Bldg

  • 534 River Highway
    534 River Highway

    Mooresville, NC 28117

    For Sale · $2,550,000

    3,545 SF Building

    Free Standing Bldg

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)