Listing Agency: Marcus & Millichap - Atlanta

Listed By: Tim Giambrone · License #GA 265556

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 3:41PM

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Investment Insights

Based on property information with market context.

This 3,000-square-foot Italian restaurant property has operated at its current location since 2012. The asset is offered for sale as an individual property and forms part of a portfolio of outparcels that may be acquired together or separately.

Located at 1602 E 10th St in Roanoke Rapids, North Carolina, the property provides an established restaurant setting for continued food-service use. Its existing identity and tenure at the site provide a clear operating context for prospective purchasers.

Key Highlights

• 3,000 SF Italian restaurant property
• Operating at its current location since 2012
• Available for purchase individually or as part of an outparcel portfolio

Property Analytics

Current Use

Wings Mural by ... Resort Jalisco Restaurant

Suggested Use

Top Pick Dental Office Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store 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.

Location Intelligence

Trade Area within ½ mile

44

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 27870, NC

25,738

Population

11,578

Households

2.2

Avg Household Size

43

Median Age

19%

College-Educated

85%

High-School Grad

65.2 sq mi

ZIP Area

395

Density / Sq Mi

$48,994

Median Household Income

$35,581

Median Earnings

$835

Median Rent

$117,300

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

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Established restaurant property with an operating history at its current location.

Where is this conventional restaurant located?

The property is located at 1602 E 10th St Roanoke Rapid, NC.

What are key features of this property?

This property features: 3,000 SF Italian restaurant property; Operating at its current location since 2012; Available for purchase individually or as part of an outparcel portfolio