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Renovated Sports Bar and Pub

1420 E Broad Street, Fuquay Varina, NC 27526

For Sale
$3,750,000
Pending

Commercial Sale, Fuquay Varina, NC

Property Size11,879 SF
Lot Size1.82 Acres
Days on Market264

Property Features for 1420 E Broad Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning CC
Rooms Basement
Standard status Pending
APN 066704619110000 0316195
Size 11,879 SF
Lot size 1.82 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Outparcel F Fuquay Crossing Bm2004-00620
Tax Annual Amount 28302
Legal Description Outparcel F Fuquay Crossing Bm2004-00620

Utilities

Cooling system Electric

Building Details

Year built 2004
Floors in Building 1
Building materials Brick Veneer, Engineered Wood, HardiPlank Type
Listing Agency: Century 21 Triangle Group · Century 21 Real Estate
Listed By: Marguerite Greene
Added: Feb 19 Changed: Oct 20 Last Checked: Nov 9 at 10:06PM
MLS# 10147561

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This standalone bars and pubs property contains 11,879 square feet on 1.82 acres and was renovated in 2020. The facility includes a professional kitchen, private dining rooms for events, a 27-TV sports bar installation, and a heated patio designed for year-round use. Furniture, fixtures, and equipment are included in the sale. Originally built in 2004, the building features brick veneer, engineered wood, and HardiPlank construction, with electric cooling and a basement.

Located at 1420 E Broad Street in Fuquay-Varina, the property sits along E. Broad St. (Hwy 401) and is identified as being in the town’s downtown area. The site is zoned CC and has also been described as suitable for consideration as a medical or urgent care conversion because of its standalone format and parking ratio. Gold Leaf Crossing, a Target-anchored development, is identified nearby with an opening planned for 2026.

Key Highlights

  • 11,879‑square‑foot building on 1.82 acres
  • Renovated in 2020; originally built in 2004
  • 27‑TV sports bar setup with professional kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$175,494
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,509,880 $3.5M
Cap Rate 7%
$2,507,057 $2.5M
Cap Rate 9%
$1,949,933 $1.9M
Market Conditions
NOI Build-Up for 11,879 SF
Gross rent
$249.5K $21.00/SF
− Vacancy
−$15.5K −$1.30/SF
EGI
$234.0K $19.70/SF
− OpEx
−$58.5K −$4.92/SF
NOI
$175.5K $14.77/SF
Area
Wake County, NC
Vacancy
6.20%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,509,880
Cap Rate 7%
$2,507,057
Cap Rate 9%
$1,949,933

Alternative Uses

Best Use
Specialty Retail
$2.51M
$2.19M – $2.92M (±1% cap)
NOI $175,494 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$3.01M
$2.63M – $3.51M (±1% cap)
NOI $210,773 @ 7.0% cap · market cap 5.62%
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

Cleveland Draft House ... Restaurant

Suggested Use

Top Pick Kitchen & Bath Showroom Big Box & Wholesale Store Building Supply Grocery & Convenience Store Electrical Service HVAC Service

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

900
Businesses Nearby
570k
Monthly Visits Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

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 - Standalone entertainment venue with a professional kitchen, private event dining rooms, and a heated patio.
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: 11,879‑square‑foot building on 1.82 acres; Renovated in 2020; originally built in 2004; 27‑TV sports bar setup with professional kitchen
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Includes: Price & PSF · Cap rate · Location · Zoning

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