Former Applebees Restaurant Hillsborough Street

Former Applebees Restaurant Hillsborough Street

3625 Hillsborough Street | Raleigh, NC 27607

CityPlat is pleased to present a free-standing Restaurant, the former Applebee’s at 3625 Hillsborough Street in Raleigh NC. At the corner of Hillsborough and Gorman Streets between Meredith College and NC State University, this high-profile property is a one-of-a kind opportunity for a variety of restaurant uses.

This 0.95 ac includes 195 feet of frontage on Hillsborough Street (23,240 VPD N/S) and 155 feet of frontage on Gorman Street (38,662 VPD E/W), ensuring constant visibility at one of the busiest intersectons in Raleigh. The property is surrounded by supportng retail, thousands of new and under constructon student housing units and is located within walking distance of NC State University and Meredith College and 2 miles from I-40 Exit 3

Key Offering Highlights

  • 4,942 rentable square feet
  • 0.95 Ac
  • NNN Lease
  • Large kitchen with all the appliances to serve 400+ meals a day
  • Large dining and 200+ occupancy capacity
  • Open floor plan for dining area
  • Fully furnished
  • Large walk-in coolers, beer cooler and freezer
  • Ample parking (rare find on Hillsborough St. for a restaurant)
  • Ready for business day 1
  • For Lease | $14,500/mo