Turn-Key Restaurant Opportunity in
For Sale
Contact for pricing
Pending
3400 US-1, Vass, NC 28394
Updated restaurant with indoor and outdoor seating in growing Vass.
Property Size2,756 SF
Days on Market251
Property Features for 3400 US-1
General Information
Standard status
Pending
Size
2,756 SF
Property subtype
Hospitality, Retail
Zoning
HC
Building Details
Year Built
1994
Listing Agency:
Taproot Realty Group
Listed By:
Blake Webb · License #NC 284938
(910) 690-4986
Source:
Crexi
Added: Feb 13
Changed: Oct 7
Last Checked: Oct 20 at 6:15PM
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 Taproot Realty Group
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Investment Insights
Based on property information with market context.
This is a turn-key restaurant opportunity located in Vass, NC, at the signalized intersection of US 1 Business and Union Church Rd. The restaurant was updated in 2025. Updates include a new equipment package in the kitchen (Southbound, Imperial & Pitco), water heater replacement, gas line replacement, dishwasher replacement, new electrical junction boxes for all equipment, new evaporation cooler and compressor on refrigeration, new flatware & small ware, all FF&E to transfer, new patio furniture and stage constructed, all shelving replaced, new floors, ceiling tiles with LED dimmable lighting, bathrooms updated, granite bar tops on patio, and a Toast POS system with kitchen display system. The space accommodates 80 seats inside and 40 outside. Multiple new residential developments are under development with more in the pipeline within this submarket. The property size is 2756 square feet.
Key Highlights
- Turn‑key restaurant opportunity with all FF&E included
- Updated in 2025 with new kitchen equipment, flooring, lighting, and bathroom updates
- Located at a signalized intersection of US 1 Business and Union Church Rd in Vass, NC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,761
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$735,220
$735.2K
Cap Rate 7%
$525,157
$525.2K
Cap Rate 9%
$408,456
$408.5K
Market Conditions
NOI Build-Up for 2,756 SF
Gross rent
$52.3K $18.96/SF
− Vacancy
−$3.2K −$1.18/SF
EGI
$49.0K $17.78/SF
− OpEx
−$12.3K −$4.45/SF
NOI
$36.8K $13.34/SF
Area
Moore County, NC
Vacancy
6.20%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$735,220
Cap Rate 7%
$525,157
Cap Rate 9%
$408,456
Alternative Uses
Best Use
Specialty Retail
$525.2K
$459.5K – $612.7K
NOI $36,761 @ 7.0% cap · market cap 4.20%
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
147
Businesses Nearby
41k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Groceries 24%
Dining 6%
Circle K
Shops & Services
18,367 visits/mo
0.2 miles
Piggly Wiggly
Groceries
9,722 visits/mo
0.2 miles
Dollar General
Shops & Services
4,407 visits/mo
0.3 miles
Family Dollar
Shops & Services
3,353 visits/mo
0.2 miles
Napa Auto Parts
Shops & Services
2,652 visits/mo
0.2 miles
Demographics for 28394, NC
5,559
Population
2,383
Households
2.3
Avg Household Size
40
Median Age
35%
College-Educated
86%
High-School Grad
41.3 sq mi
ZIP Area
135
Density / Sq Mi
$87,407
Median Household Income
$41,213
Median Earnings
$1,130
Median Rent
$275,300
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Updated restaurant with indoor and outdoor seating in growing Vass.
Where is this conventional restaurant located?
The property is located at 3400 US-1 Vass, NC.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Turn‑key restaurant opportunity with all FF&E included; Updated in 2025 with **new kitchen equipment**, flooring, lighting, and bathroom updates; Located at a signalized intersection of US 1 Business and Union Church Rd in Vass, NC
