2311 Timber Drive, Garner, NC 27529
Restaurant/bar property positioned at a signalized corner intersection for straightforward customer access.
- Added:
- Jun 11, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 20 at 2:37 am
Property Features for 2311 Timber Drive
General Information
- Standard status
- Active
- Size
- 10,600 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 1996
Listing agent Al Dickens License #NC 317771
Listing office Berkeley Capital Advisors Charlotte
Listing date Jun 11, 2026
Source Crexi
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HighLights
- Restaurant/bar property positioned at a signalized corner intersection for straightforward customer access
- Year built: 1996
Overview
The property sits on a prime corner at a signalized intersection, with the surrounding area described as affluent in the available remarks. No additional details are provided regarding unit mix, building configuration, or specific site improvements.
For tenants or buyers, the signalized corner location can support customer traffic patterns by allowing convenient turns and consistent access from multiple directions. Interested parties should review the property details in full to confirm the existing layout and operational suitability for a restaurant or bar concept, including any site-specific considerations that affect buildout, parking, and ingress/egress.
Local 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 | $298.9k | $28.20 |
| − Vacancy | −$16.4k | −$1.55 |
| EGI | $282.5k | $26.65 |
| − OpEx | −$70.6k | −$6.66 |
| NOI | $211.9k | $19.99 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Lorraine's Coffee House & Music — 101 Timber Pointe Ln, Garner, NC 27529
- Aversboro Restaurant & Sports Bar — 1411 Aversboro Rd, Garner, NC 27529
Location Insight
- Map
- Local Demand
- City
- Garner
- County
- Wake
- State
- North Carolina
- Longitude
- -78.6412332
- Latitude
- 35.7015407
