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Wendy's 147 Nc Highway 801 N 3,872 SF Retail Building Advance, NC 27006 $2,250,000 ($581.10/SF)
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.
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
Founded in 1969 by Dave Thomas in Columbus, Ohio, Wendy's began as a single hamburger restaurant and grew into a franchise-based quick-service chain. The company serves a menu centered on square hamburgers made with fresh beef, along with chicken sandwiches, salads, chili, baked potatoes, breakfast items, and the Frosty dessert. Wendy's operates through company-owned and franchised restaurants and uses a system that extends across a broad international footprint. The business remains focused on restaurant operations, menu development, and franchising as part of The Wendy's Company.
| 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
Property Taxes
| Parcel Number | D8-080-B0-002 | Improvements Assessment | $899,120 |
| Land Assessment | $337,150 | Total Assessment | $1,236,270 |
Property Taxes
Parcel Number
D8-080-B0-002
Land Assessment
$337,150
Improvements Assessment
$899,120
Total Assessment
$1,236,270
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Wendy's | 147 Nc Highway 801 N