2ND GENERATION RESTAURANT SPACE

2nd generation restaurant space

+/- 5,025 SF 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)

This former Red Lobster presents a rare opportunity to secure a freestanding, second-generation restaurant in a proven retail location. Positioned as an outparcel to a Super Walmart anchored shopping center, the property offers strong co-tenancy, excellent visibility, and straightforward access. The existing building and site layout are well suited for a range of restaurant concepts, allowing users to capitalize on prior restaurant infrastructure and an established dining location. The property is surrounded by a deep mix of national retailers and benefits from immediate proximity to I-77, making it a consistent and reliable draw within the Statesville market. Opportunities of this scale and configuration are increasingly limited, particularly within stabilized, big-box–anchored centers.