Turnkey Restaurant in Prime
For Sale
$2,200,000
Pending
2470 Gum Branch Road, Jacksonville, NC 28546
Like-new drive-thru restaurant in high-growth Jacksonville, NC area.
Property Size5,863 SF
Lot Size1.69 Acres
Days on Market573
Property Features for 2470 Gum Branch Road
General Information
Standard status
Pending
Size
5,863 SF
Lot size
1.69 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
2020
Listing Agency:
Ray Properties, INC
(910) 388-6620
Listed By:
Matt C Ray · License #266827
(910) 388-6620
Source:
Exitrealty
Added: Jan 9, 2025
Changed: Jul 6
Last Checked: Aug 5 at 4:06AM
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 Ray Properties, INC
Investment Insights
Based on property information with market context.
This 5,863 sq. ft. quick service restaurant, completed in 2021, is located in Jacksonville, NC. The property is positioned just seconds from Western Blvd, fronting Gum Branch Rd, offering high visibility and exposure to daily traffic. Situated on a 1.7-acre lot, the property features a dedicated drive-thru lane optimized for efficient service. Cross-access facilitates easy ingress and egress, complemented by ample parking. The location benefits from prime traffic counts and is situated in a rapidly developing neighborhood. Over 1,500 new homes are planned within a 3-mile radius, ensuring long-term growth and an expanding customer base. This turnkey setup is suited for both franchisees and independent operators looking to launch a new QSR concept.
Key Highlights
- Prime Location: High‑visibility on Gum Branch Rd, seconds from Western Blvd, ensuring maximum exposure.
- High‑Growth Area: Situated in a rapidly developing neighborhood with 1,500+ new homes planned within a 3‑mile radius.
- Turnkey QSR: Built in 2020/2021, this 5,863 sq. ft. restaurant is ready for immediate operation.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $105.5k | $18.00 |
| − Vacancy | −$5.3k | −$0.90 |
| EGI | $100.3k | $17.10 |
| − OpEx | −$25.1k | −$4.27 |
| NOI | $75.2k | $12.83 |
5,863 SF · lease $18.00/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.07M
$939.9K – $1.25M
NOI $75,193 @ 7.0% cap · market cap 3.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.49M
NOI $89,155 @ 7.0% cap · market cap 4.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
636
Businesses Nearby
31k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 55%
Dining 34%
Shops & Services 11%
Food Lion Grocery Store
Groceries
16,885 visits/mo
0.2 miles
Smithfield's Chicken 'N Bar-B-Q
Dining
10,376 visits/mo
0.1 miles
NTB - National Tire & Battery
Shops & Services
1,440 visits/mo
0.2 miles
Mavis Discount Tire
Shops & Services
1,176 visits/mo
0.2 miles
Storage Rentals of America
Shops & Services
787 visits/mo
0.4 miles
Demographics for 28546, NC
48,547
Population
21,387
Households
2.3
Avg Household Size
30
Median Age
25%
College-Educated
95%
High-School Grad
103.9 sq mi
ZIP Area
467
Density / Sq Mi
$60,552
Median Household Income
$39,487
Median Earnings
$1,174
Median Rent
$212,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Like-new drive-thru restaurant in high-growth Jacksonville, NC area.
Where is this drive through restaurant located?
The property is located at 2470 Gum Branch Road Jacksonville, NC.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Prime Location: High‑visibility on Gum Branch Rd, seconds from Western Blvd, ensuring maximum exposure.; High‑Growth Area: Situated in a rapidly developing neighborhood with 1,500+ new homes planned within a 3‑mile radius.; Turnkey QSR: Built in 2020/2021, this 5,863 sq. ft. restaurant is ready for immediate operation.
