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Drive-Thru Restaurant with Corporate Lease
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426 U.S Hwy 70 W, Havelock, NC 28532

New construction 2,500 SF drive-thru restaurant under construction on Hwy 70 with a corporate Starbucks ground lease.

Property Size2,500 SF
Days on Market120

Property Features for 426 U.S Hwy 70 W

General Information

Standard status Active
Size 2,500 SF
Property subtype Retail

Site & Location

Traffic Count 30,000 vehicles/day
Highway Access Yes
Listing Agency: Oswald Cooke & Associates
Listed By: Benjy Cooke · License #SC 39847
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 12:53PM

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 Oswald Cooke & Associates

Investment Insights

Based on property information with market context.

Oswald Cooke & Associates is pleased to offer a new construction corporate Starbucks drive-thru restaurant for sale. The building is 2,500 SF and is currently under construction, with anticipated delivery to the tenant on February 3, 2023. The lease includes a 10-year base term with no kick-out clause and (6) 5-year renewal options.

The property is located on Hwy 70 in Havelock, NC, with reported traffic of 30,000 VPD. The site is approximately 3 miles from Marine Corps Air Station Cherry Point (55,000 employees). Nearby retailers include Walmart, CVS, Cook Out, McDonald’s, Wendy’s, Jersey Mikes, and Dunkin’ Donuts, among others.

Key Highlights

  • New construction 2,500 SF corporate Starbucks drive‑thru restaurant on Hwy 70
  • Site located on Hwy 70 with 30,000 VPD traffic count reported
  • Ground lease includes a 10‑year base term with no kick‑out clause

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Spa & Massage Center Pharmacy Daycare Center

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

30,000 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

307
Businesses Nearby
18k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 51% Shops & Services 46% Hotels & Casinos 3%
Taco Bell Dining
9,440 visits/mo 0.2 miles
Speedway Shops & Services
7,008 visits/mo 0.1 miles
Carquest Auto Parts Shops & Services
990 visits/mo 0.5 miles
Budget Inn Hotels & Casinos
572 visits/mo 0.5 miles
Enterprise Rent-A-Car Shops & Services
459 visits/mo 0.1 miles

Demographics for 28532, NC

20,340
Population
8,677
Households
2.3
Avg Household Size
33
Median Age
19%
College-Educated
93%
High-School Grad
165.4 sq mi
ZIP Area
123
Density / Sq Mi
$65,772
Median Household Income
$38,839
Median Earnings
$1,270
Median Rent
$193,200
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - New construction 2,500 SF drive-thru restaurant under construction on Hwy 70 with a corporate Starbucks ground lease.
Where is this drive through restaurant located?
The property is located at 426 U.S Hwy 70 W Havelock, NC.
What are key features of this property?
This property features: New construction 2,500 SF corporate Starbucks drive‑thru restaurant on Hwy 70; Site located on Hwy 70 with 30,000 VPD traffic count reported; Ground lease includes a 10‑year base term with no kick‑out clause
(843) 343-1351 Call to check price and availability
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