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Investment Highlights

  • Former national-brand restaurant site with existing kitchen and dining configurations.
  • Positioned on a 0.86-acre parcel offering generous parking capacity and maneuverability.
  • Highly visible frontage on North Highway 801 with traffic volumes averaging 22,000 vehicles daily.
  • Close proximity to major business districts and established residential clusters.

Executive Summary

This freestanding restaurant property offers a unique opportunity for buyers seeking a turnkey building in a visible, high-traffic corridor. Situated on North Highway 801 in Advance, North Carolina, the asset encompasses a generous 0.86-acre parcel with ample parking and efficient access. Previously occupied by a national fast food brand, the structure is well-suited for continued restaurant use or conversion to alternative retail or service concepts.
The surrounding demographics reflect consistent consumer strength within reachable trade areas, with traffic counts of more than 22,000 vehicles per day. Positioned within a growing local market, the site benefits from proximity to dense residential communities and regional thoroughfares. This offering provides investors with an adaptable property featuring existing dining infrastructure and signage visibility.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,872 SF
Building Class
C
Year Built
2002
Price
$2,250,000
Price Per SF
$581.10
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.86 AC
Zoning
CM - Commercial Mixed-Use
Parking
36 Spaces (9.29 Spaces per 1,000 SF Leased)
Frontage
175’ on N NC Hwy 801

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Drive Thru

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

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 Type Lease End
Accommodation and Food Services - $9.99 Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 3,872 SF
  • Restaurant
  • -
  • Now
Space Size Space Use Position Available
1st Floor 3,872 SF Restaurant - Now

1st Floor

Size
3,872 SF
Space Use
Restaurant
Position
-
Available
Now
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Food Lion
Truist
First Horizon Bank
Zaxby's
Caribou Coffee
Lowes Foods

Property Taxes

Property Taxes

Parcel Number
D8-080-B0-002
Land Assessment
$337,150
Improvements Assessment
$899,120
Total Assessment
$1,236,270
  • Listing ID: 41042968

  • Date on Market: 6/24/2026

  • Last Updated:

  • Address: 147 Nc Highway 801 N, Advance, NC 27006

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