Turnkey Restaurant with
For Sale
$3,000,000
1155 Timber Drive E 101, Garner, NC 27529
Two-unit restaurant property with a turnkey second-generation space plus an occupied unit for immediate cash flow.
Property Size3,400 SF
Price / SF$882.35
Days on Market71
Property Features for 1155 Timber Drive E 101
General Information
Standard status
Active
Size
3,400 SF
Zoning
CMX
Lease Term
Other
Taxes and HOA fees
Annual Taxes
$13,418
Building Details
Building Size
3,400 SF
Year Built
2010
Stories
1
Listing Agency:
D-3 REALTY GROUP
(919) 621-1569
Listed By:
Leon Wright · License #359924
(919) 621-1569
Source:
Evrealestate
Added: Jun 14
Changed: Aug 23
Last Checked: Aug 23 at 7:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of D-3 REALTY GROUP
Investment Insights
Based on property information with market context.
This property offers two separate restaurant units within a single commercial building, positioned for immediate rental income. Unit 101 is a turnkey second-generation restaurant space with a fully built-out kitchen infrastructure that includes a walk-in freezer and refrigerator. Unit 102 is occupied, providing stable cash flow for a purchaser.
The building is located in front of the movie theater on Timber Drive East, near the White Oak Shopping Center. Access directions are available from I-40 East via the US-70 West exit, then to White Oak Rd and Timber Drive East.
Unit 101 is offered under an NNN lease structure with two 5-year renewal options and a 5% graduated annual increase. The owner is open to considering flexible structures for qualified buyers, and seller financing is available. Complete floor plans, structural dimensions, and Unit 102 lease details are available upon request for serious purchase inquiries.
The building is located in front of the movie theater on Timber Drive East, near the White Oak Shopping Center. Access directions are available from I-40 East via the US-70 West exit, then to White Oak Rd and Timber Drive East.
Unit 101 is offered under an NNN lease structure with two 5-year renewal options and a 5% graduated annual increase. The owner is open to considering flexible structures for qualified buyers, and seller financing is available. Complete floor plans, structural dimensions, and Unit 102 lease details are available upon request for serious purchase inquiries.
Key Highlights
- Two‑unit restaurant property at 1155 Timber Drive E, Garner, NC, built in 2010
- Unit 101 is a turnkey 2nd‑generation restaurant space with built‑out kitchen infrastructure, including walk‑in freezer and refrigerator
- Unit 102 is occupied, providing immediate cash flow to a purchaser
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
421
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 27529, NC
54,250
Population
22,089
Households
2.5
Avg Household Size
39
Median Age
41%
College-Educated
93%
High-School Grad
57.7 sq mi
ZIP Area
940
Density / Sq Mi
$86,426
Median Household Income
$47,686
Median Earnings
$1,379
Median Rent
$325,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Two-unit restaurant property with a turnkey second-generation space plus an occupied unit for immediate cash flow.
Where is this conventional restaurant located?
The property is located at 1155 Timber Drive E 101 Garner, NC.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Two‑unit restaurant property at 1155 Timber Drive E, Garner, NC, built in 2010; Unit 101 is a turnkey 2nd‑generation restaurant space with built‑out kitchen infrastructure, including walk‑in freezer and refrigerator; Unit 102 is occupied, providing immediate cash flow to a purchaser
