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Drive-Through Restaurant with Corner Access
For Lease
$7,502/Mo

1237 N Road Street, Elizabeth City, NC 27909

A fully equipped food-service building offers dining space, commercial kitchen equipment, and access from both adjoining roads.

Space Size3,380 SF
Lot Size1.24 Acres
Days on Market24

Property Features for 1237 N Road Street

General Information

Standard status Active
Size 3,380 SF
Net Rentable 3,380 SF
Total Parking Spaces 36
Lot size 1.24 Acres
Zoning GB
Lease Term 1 Year +

Space & Availability

Available Space 3,380 SF
Contiguous Space 3,380 SF
Space Use Drive-Through Restaurant

Lease Terms

Lease Rate $90,030 /YR
Monthly Rent $7,502
Rent per SF/Year $26.64

Site & Location

Corner Location Yes
Drive-Thru Yes
Road Access Yes
Utilities to Site Yes

Restaurant

Commercial Hood Yes
Second-Generation Restaurant Yes
Walk-In Cooler/Freezer Yes

Taxes and HOA fees

Annual Taxes $13,043

Building Details

Building Size 3,380 SF
Year Built 2006
Tenancy Single
Listing Agency: DUFFUS REALTY INC.
Listed By: Liles Stott · License #87052OFFICEC1844
Source: Duffusrealty
Added: Oct 1 Changed: Oct 24 Last Checked: Oct 23 at 5:31PM

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 DUFFUS REALTY INC.

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Investment Insights

Based on property information with market context.

Built in 2006, this 3,380-square-foot restaurant occupies a 1.24-acre corner parcel at North Road Street and Jennings Drive in Elizabeth City. The building includes a large dining room beneath a vaulted wood-lined ceiling and a commercial kitchen with 4-, 5-, and 7-foot hoods, fryer, warming table, refrigeration, ice-making equipment, and an ice cream machine. A drive-through, enclosed double dumpster corral, natural gas connection, and 36 parking spaces are also on site. Zoning is GB.

Curb cuts on both North Road Street and Jennings Drive provide access to the corner property. The site is across from College of the Albemarle, which has 3,000 students. Mature oak trees and shrubs are part of the landscaping.

Key Highlights

  • 3,380‑square‑foot restaurant building on a 1.24‑acre parcel
  • Built in 2006; GB zoning
  • Drive‑through and curb cuts on North Road Street and Jennings Drive

Property Analytics

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Current Use

Captain D's Restaurant

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Hair Salon Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Yes
Commercial hood
NNN (Triple Net)
Lease Type
$4.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

509
Businesses Nearby

Demographics for 27909, NC

40,606
Population
17,591
Households
2.3
Avg Household Size
40
Median Age
27%
College-Educated
90%
High-School Grad
226.9 sq mi
ZIP Area
179
Density / Sq Mi
$64,039
Median Household Income
$40,399
Median Earnings
$1,146
Median Rent
$223,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Drive through restaurant - A fully equipped food-service building offers dining space, commercial kitchen equipment, and access from both adjoining roads.
Where is this drive through restaurant located?
The property is located at 1237 N Road Street Elizabeth City, NC.
What is the lease rate?
The lease rate is $7,502/Mo.
What are key features of this property?
This property features: 3,380‑square‑foot restaurant building on a 1.24‑acre parcel; Built in 2006; GB zoning; Drive‑through and curb cuts on North Road Street and Jennings Drive
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