Conventional Restaurant

Greenville, NC Conventional Restaurants for Sale

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Fuquay Varina, NC Winterville, NC Bethel, NC Grimesland, NC Ayden, NC Stokes, NC Farmville, NC Washington, NC
Red Lobster Restaurant Property
Updated: Apr 8
Red Lobster Restaurant Property

3501 S Memorial Dr, Greenville, NC 27834

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8,355 sqft 1.87 AC lot
Red Lobster restaurant with approximately 8,355 rentable square feet
Estimated 1.87‑acre parcel
22.61‑year Triple Net (NNN) lease
Lease commenced 7/28/2014 with more than 10.75 years remaining
Scheduled 2.00% annual increases beginning 8/1/2027
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Freestanding Conventional Restaurant
Updated: Apr 10
Freestanding Conventional Restaurant

316 Greenville Blvd SW, Greenville, NC 27834

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Existing Hooters restaurant at 316 Greenville Blvd SW, Greenville, NC 27834
Adjacent to Walmart along Greenville Blvd. SW, a primary Greenville retail corridor
Across from the 91,000 square foot North Carolina Greenville Convention Center
Convention center hosts approximately 200 events each year
Hilton, Holiday Inn, and Hampton Inn combine for more than 400 rooms nearby
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Greenville, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Restaurant Building
Freestanding Restaurant Building

1115 John Small Avenue, Washington, NC 27889

$565,000
2,360 sqft 1.00 AC lot

B2-zoned property with highway access, three entry points, and a one-acre site.

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Updated Corner-Lot Restaurant
Updated Corner-Lot Restaurant

2146 Nc 102 E, Ayden, NC 28513

$650,000
2,222 sqft 1.59 AC lot

Restaurant property with included kitchen equipment and furnishings, updated building systems, and a corner-lot setting.

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Updated Restaurant with Kitchen Equipment
Updated Restaurant with Kitchen Equipment

2146 Nc 102 E, Ayden, NC 28513

$650,000
2,222 sqft 1.59 AC lot

Freestanding restaurant on a corner parcel with GC zoning, public water, and septic service.

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Two-Tenant Retail Building
Two-Tenant Retail Building

1689 West 5th Street & 612 Grimes Road, Washington, NC 27889

Contact for pricing
3,118 sqft

Fully leased to Dunkin’ and Jimmy John’s along West 5th Street near downtown Washington.

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Greenville, NC Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Greenville, NC on our real estate platform. These investment opportunities span a total of 8,355 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Drive through restaurants 4
Conventional restaurants 3
Coffee shops 1
Turn key restaurants 1

Demographics Overview

Population 111K
Population Growth (5Y) -4.1%
Median Household Income $54,566
College Educated 21.0%

Taxes & Financing

Tax Rate (average for all types) 1.11%
Property Tax per SF $13.72 per SF
Tax Rate vs County Average 0.05 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Pitt County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Greenville fall within the 25,000 to 50,000 square foot range.

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