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Highmark Properties Purchases Burlington Olive Garden for $4.5M

Net Leased Retail Asset Trades Hands
By Worth Walker
July 8, 2015 | 6:31 P.M.

Highmark Properties LLC bought the freestanding retail building at 1770 Glidewell Dr. in Burlington, NC from Darden Restaurants, Inc. for $4.46 million, or about $600 per square foot. Built in 2007, the 7,441-square-foot restaurant is an outparcel in the Alamance Crossing Shopping Center, which totals 1.02 million square feet on 514 acres in the West Burlington / Airport submarket of Alamance County.

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