680 Richland Grove Avenue, Wake Forest, NC 27587

• 2026 new construction

• Absolute net ground lease | No landlord responsibilities

• Desirable lease term | New 15-year term

• Corporate Parent | Tenant is operated by Bloomin’ Brands, Inc. | A publicly traded restaurant operator with approximately 1,450 locations nationwide across its established casual dining portfolio

• Strategic Location | Property is located directly across from Wegmans and adjacent to a new retail development | Benefiting from strong traffic drivers, daily-needs visitation, and ongoing commercial growth

• Great visibility from Dr. Calvin Jones Hwy | 31,000 VPD

• Located inside of dense retail corridor | 3.8M SF within a 2-mile radius

• Explosive population growth within 1-mile | 75.12% from ’10-‘25

• Attractive population density within a 5-mile radius | 119,425 residents

• Stable population growth over the next 5 years | 9.00% growth within a 1-mile radius

• Affluent surrounding area | $137,312 average household income within a 1-mile radius

• 6 miles from WakeMed North Hospital | 77 beds

• 10 minutes from Wake Forest High School | 2,075 students

• 25 minutes from Raleigh-Durham International Airport | 400 flights per day

• Located adjacent to The Lindley at Grove 98 Apartments | 232 residential units

• Nearby Destination Retailers: Walmart Supercenter, Target, Wegmans, Publix, Harris Teeter, Lowes Foods, Food Lion, ALDI, Lidl, Lowe’s, Sam’s Club, Staples, Sherwin-Williams, Texas Roadhouse, Chili’s, Panera Bread, Chick-fil-A, McDonald’s, Bojangles, Cook Out, CAVA, Five Guys, Dave’s Hot Chicken, and more

• 30 minutes from downtown Raleigh