Restaurant Property with Built-Out
1155 Timber Drive E 101, Garner, NC 27529
For Sale
New
$3,000,000
The two-unit property combines a restaurant-ready space with an occupied suite producing rental income.
Property Size3,400 SF
Price / SF$882.35
Days on Market3
Property Features for 1155 Timber Drive E 101
General Information
Standard status
Size
Zoning
Additional Details
Asking Price
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
0.78
3400
Building Details
Building Size
Year Built
Buildings
Stories
Tenancy
Listing Agency:
(984) 468-9226
Listed By:
Ashley McArthy
Source:
Raleighcaryrealty
Added: Nov 7
Changed: Nov 9
Last Checked: Nov 9 at 2:20PM
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 Ashley McArthy
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Investment Insights
Based on property information with market context.
Built in 2010, this 3,400-square-foot restaurant property contains two units. Unit 101 offers 2,765 square feet of second-generation restaurant space with kitchen infrastructure, including a walk-in freezer and refrigerator. Unit 102 is occupied by a tenant and provides rental income to the owner. The property is zoned CMX.
The building is on Timber Drive East in Garner, in front of a movie theater and near White Oak Shopping Center. Unit 101 is offered under an NNN lease with two five-year renewal options and 5% annual graduated increases.
The building is on Timber Drive East in Garner, in front of a movie theater and near White Oak Shopping Center. Unit 101 is offered under an NNN lease with two five-year renewal options and 5% annual graduated increases.
Key Highlights
- 3,400‑square‑foot restaurant property with two units
- Unit 101 has 2,765 square feet of second‑generation restaurant space
- Kitchen infrastructure includes a walk‑in freezer and refrigerator
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
421
Businesses Nearby
Balanced
Demand for This Use
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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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The two-unit property combines a restaurant-ready space with an occupied suite producing rental income.
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: 3,400‑square‑foot restaurant property with two units; Unit 101 has 2,765 square feet of second‑generation restaurant space; Kitchen infrastructure includes a walk‑in freezer and refrigerator
