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2156 S Sterling St
Morganton, NC 28655
Longhorn Steakhouse - #1 Ranked NC Location · Retail Property For Sale

Investment Highlights

  • Top-ranked Longhorn location: #1 Store in North Carolina (of 26), #12 in the USA (of 527) according to visit data provided by Placer.ai
  • Located in major commercial corridor with high-impact, 2+acre signalized corner site off I-40 & South Sterling Street - 66,000 VPD
  • Morganton is a top Smoky Mountains tourism destination and is experiencing significant hotel, medical and educational development
  • Brand-new construction paid for entirely by tenant, attractive residual value
  • 10-year absolute triple net (NNN) ground lease

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,000 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.05 AC
Zoning
HID - High-Intensity District
Parking
83 Spaces (16.6 Spaces per 1,000 SF Leased)
Frontage
200’ on S Sterling St

Amenities

  • Corner Lot
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Security System
  • Signalized Intersection
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
16676
Land Assessment
$792,230
Improvements Assessment
$2,092,782
Total Assessment
$2,885,012
  • Listing ID: 23545499

  • Date on Market: 6/29/2021

  • Last Updated:

  • Address: 2156 S Sterling St, Morganton, NC 28655

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