1852 US Highway 421
Wilkesboro, NC 28697
Olive Garden · Retail Property For Sale

The Olive Garden property is strategically located in a regionally dominant retail corridor. The property is located along North Carolina Highway 421 (28,000 VPD) with excellent frontage and is easily accessible. North Carolina Highway 421 is the primary east-west thoroughfare which connects Wilkesboro to Winston-Salem and the Raleigh-Durham MSA. The Olive Garden is ideally positioned near other retailers including Lowe’s, ALDI, Kohl’s, Walmart Supercenter, AT&T and Wells Fargo. There will be five years remaining on the corporately guaranteed Olive Garden lease upon close of escrow. The lease will feature 1.5% annual rental escalations and require no landlord responsibilities. Additionally, there will be seven 5-year renewal option periods. The 10,128 SF Olive Garden property features a low rent per square of $15.14. *As of December 2018