Drive-Through Restaurant
For Sale
Contact for pricing
413 W Main St, Havelock, NC 28532
Former Wendy’s location with a spacious interior, well-designed layout, and drive-thru access for on-the-go customers.
Property Size2,694 SF
Price / SF$252.04
Days on Market1108
Property Features for 413 W Main St
General Information
Standard status
Active
Size
2,694 SF
Property subtype
RETAIL
Listing Agency:
SVN Efird Commercial Real Esta
(252) 560-9472
Listed By:
Edwin Edwards
(252) 560-9472
Source:
Moodyscre
Added: Jul 21, 2023
Changed: Jul 31
Last Checked: Aug 1 at 8:33AM
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 SVN Efird Commercial Real Esta
Investment Insights
Based on property information with market context.
This former Wendy’s restaurant location includes 2,694 square feet of interior space, a spacious layout, and a drive-thru. The existing configuration can accommodate various business concepts while retaining features designed for on-the-go customer service.
Located at 413 W Main St in Havelock, NC, the property benefits from an AADT of 27000 vehicles per day. The site offers an existing restaurant framework for operators evaluating a drive-through-oriented business location.
Located at 413 W Main St in Havelock, NC, the property benefits from an AADT of 27000 vehicles per day. The site offers an existing restaurant framework for operators evaluating a drive-through-oriented business location.
Key Highlights
- Former Wendy’s restaurant location with 2,694 square feet of interior space
- Drive‑thru included for on‑the‑go customer service
- AADT of 27000 vehicles per day on W Main St
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 | $48.5k | $18.00 |
| − Vacancy | −$2.0k | −$0.76 |
| EGI | $46.5k | $17.24 |
| − OpEx | −$11.6k | −$4.31 |
| NOI | $34.8k | $12.93 |
2,694 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$497.7K
$435.5K – $580.7K
NOI $34,842 @ 7.0% cap · market cap 5.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$888.2K
$777.2K – $1.04M
NOI $62,174 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
33k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 65%
Shops & Services 29%
Electronics 6%
Burger King
Dining
9,317 visits/mo
0.4 miles
KFC
Dining
4,970 visits/mo
0.4 miles
Dairy Queen
Dining
3,401 visits/mo
0.2 miles
AutoZone
Shops & Services
2,790 visits/mo
0.2 miles
Family Dollar
Shops & Services
2,449 visits/mo
0.3 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Former Wendy’s location with a spacious interior, well-designed layout, and drive-thru access for on-the-go customers.
Where is this drive through restaurant located?
The property is located at 413 W Main St Havelock, NC.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Former Wendy’s restaurant location with 2,694 square feet of interior space; Drive‑thru included for on‑the‑go customer service; AADT of 27000 vehicles per day on W Main St
