Sports Bar with Heated
For Sale
$3,750,000
1420 E Broad Street, Fuquay Varina, NC 27526
A renovated restaurant venue includes a professional kitchen, event dining rooms, and furnishings and equipment conveyed with the sale.
Property Size11,879 SF
Lot Size1.82 Acres
Price / SF$315.68
Days on Market250
Property Features for 1420 E Broad Street
General Information
Standard status
Active
Size
11,879 SF
Lot size
1.82 Acres
Property subtype
Commercial
Zoning
CC
Restaurant
Patio
Yes
Equipment Included
Yes
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Furnished
Yes
Asking Price
$3,750,000
Amenities
private dining rooms
Building Details
Building Size
11,879 SF
Year Built
2004
Year Renovated
2020
Buildings
1
Stories
1
Listing Agency:
Century 21 Triangle Group
(919) 552-4517
Listed By:
Marguerite Greene · License #283390
(919) 219-9312
Source:
Dwellraleigh
Added: Feb 19
Changed: Oct 26
Last Checked: Oct 26 at 3:35AM
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 Century 21 Triangle Group
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Investment Insights
Based on property information with market context.
This 11,879-square-foot bar and restaurant occupies 1.82 acres and was renovated in 2020. The standalone building has a professional kitchen, private dining rooms, a 27-TV sports bar, and a heated patio. Furniture, fixtures, and equipment are included in the sale. The property was built in 2004 and is zoned CC.
Situated on E. Broad Street (Hwy 401) in downtown Fuquay-Varina, the site is described as a corner property. Downtown development programming and the NC Main Street initiative support local business activity in the area. Gold Leaf Crossing, a Target-anchored development, is identified nearby and is scheduled to open in 2026.
Situated on E. Broad Street (Hwy 401) in downtown Fuquay-Varina, the site is described as a corner property. Downtown development programming and the NC Main Street initiative support local business activity in the area. Gold Leaf Crossing, a Target-anchored development, is identified nearby and is scheduled to open in 2026.
Key Highlights
- 1.82‑acre standalone bar and restaurant property
- 11,879 square feet; renovated in 2020
- Professional kitchen, private dining rooms, and 27‑TV sports bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$237,423
Cap Rate
6.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,748,460
$4.7M
Cap Rate 7%
$3,391,757
$3.4M
Cap Rate 9%
$2,638,033
$2.6M
Market Conditions
NOI Build-Up for 11,879 SF
Gross rent
$335.0K $28.20/SF
− Vacancy
−$18.4K −$1.55/SF
EGI
$316.6K $26.65/SF
− OpEx
−$79.1K −$6.66/SF
NOI
$237.4K $19.99/SF
Area
Wake County, NC
Vacancy
5.50%
Lease Rate
$28.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,748,460
Cap Rate 7%
$3,391,757
Cap Rate 9%
$2,638,033
Alternative Uses
Best Use
Specialty Retail
$3.39M
$2.97M – $3.96M
NOI $237,423 @ 7.0% cap · market cap 6.33%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
900
Businesses Nearby
570k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Superstores 17%
Shops & Services 14%
Groceries 12%
Walmart
Superstores
95,228 visits/mo
0.4 miles
T.J. Maxx
Apparel
43,432 visits/mo
0.2 miles
Harris Teeter
Groceries
42,883 visits/mo
0.2 miles
Chick-fil-A
Dining
41,239 visits/mo
0.3 miles
McDonald's
Dining
28,386 visits/mo
0.1 miles
Demographics for 27526, NC
56,089
Population
22,612
Households
2.5
Avg Household Size
39
Median Age
46%
College-Educated
95%
High-School Grad
98.2 sq mi
ZIP Area
571
Density / Sq Mi
$105,055
Median Household Income
$54,786
Median Earnings
$1,591
Median Rent
$372,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Cellar 55 — 1351 E Broad St, Fuquay-Varina, NC 27526
- Cellar 55 Tasting Room — 1351 e broad st, fuquay-varina, nc 27526
- WINGIN'IT Bar And Grille — 1625 N Main St #109, Fuquay-Varina, NC 27526
- TCB - The Corner Biergarten & Bottle Shop — 1625 N Main St #133, Fuquay-Varina, NC 27526
Frequently Asked Questions
What type of property is this?
Bar & Pub - A renovated restaurant venue includes a professional kitchen, event dining rooms, and furnishings and equipment conveyed with the sale.
Where is this bar & pub located?
The property is located at 1420 E Broad Street Fuquay Varina, NC.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 1.82‑acre standalone bar and restaurant property; 11,879 square feet; renovated in 2020; Professional kitchen, private dining rooms, and 27‑TV sports bar
