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Wendy's 108 N Berkeley Blvd 3,228 SF Retail Building Goldsboro, NC 27534 $1,248,780 ($386.86/SF) 6.20% Cap Rate
Investment Highlights
- Positioned along N Berkeley Blvd, one of Goldsboro’s primary retail corridors, with strong visibility and consistent daily traffic
- Operated by a nationally recognized Wendy’s franchisee with 230+ locations, demonstrating operational strength and long-term brand commitment
- 4 Years Remaining on an Absolute NNN lease with no landlord responsibilities, providing investors with a truly passive ownership structure
- The current base rent is well below market averages for Drive Thru concepts on this corridor
Executive Summary
Kyle Matthews
Matthews Real Estate Investment Services, Inc
License # C38369, 288917 (NC)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Matthews Real Estate Investment Services, Inc
License # C38369, 288917 (NC)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,228 SF
Building Class
B
Year Built
1977
Price
$1,248,780
Price Per SF
$386.86
Cap Rate
6.20%
NOI
$77,440
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.00 AC
Zoning
GB
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Wendy's began in 1969 when Dave Thomas opened the first Wendy's Old Fashioned Hamburgers restaurant in Columbus, Ohio. The company operates a quick-service restaurant system built around company-operated and franchised locations, with a presence across the United States and international markets. Wendy's menu centers on made-to-order square hamburgers with fresh beef, along with chicken sandwiches and nuggets, Baconator items, Frosty desserts, and other core menu offerings. The company pursues ongoing menu development and expansion across the global restaurant system, reflecting a business focused on burgers, chicken, desserts, and franchise operations.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Nearby Major Retailers
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
