Second Gen Restaurant | Statesville, NC

This former Red Lobster site offers a rare opportunity to lease a freestanding, second generation restaurant in a well-established retail corridor. Located as an outparcel to a Walmart Supercenter anchored shopping center, the property benefits from strong co-tenancy, high visibility, and convenient access. The existing building and site configuration are ideally suited for a variety of restaurant concepts, enabling users to leverage existing infrastructure and a location already recognized for dining. Surrounded by a strong lineup of national retailers and situated near Interstate 77, the site draws consistent traffic and serves as a reliable destination within the Statesville market. Opportunities of this size and quality are increasingly limited, particularly within established, big-box–anchored retail centers.

• ±5,025 SF freestanding building
• 0.93 acres
• 61 parking spaces
• Large pylon sign fronting I-40
• Outparcel to Walmart anchored center
• 2025 Tax Bill: $14,564.91 ($2.90 psf)