Bonefish Grill - NNN Lease — Lease in Durham, NC

  • Price: $2.5M
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Durham, NC 27713

Description

NNN Lease with No LL Responsibilities | Covered Land Play | Well-below Market Rents! This offering presents an opportunity to acquire a single-tenant NNN Lease Bonefish Grill located at 7820 NC-751 in Durham, NC. The property is strategically positioned at the signalized intersection of NC-751 and Renaissance Parkway, adjacent to The Streets at Southpoint—one of the region’s top-performing retail destinations. The 5,000 SF building sits on a 1.07-acre site and benefits from excellent visibility, strong traffic counts, and direct access to I-40. The lease is backed by Bonefish Grill, LLC, a subsidiary of Bloomin’ Brands, Inc. (NASDAQ: BLMN), and features approximately 2.08 years remaining (as of 1/1/2026), with 10% rent escalations every five years. The offering is priced at $2,541,000, representing a 5.0% capitalization rate.

Market Context

This retail in Durham, NC is listed for lease at $2,541,000. It has been on the market for 195 days. Compare it against other retail listings for lease in Durham, NC — view the full market.

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