End-Cap Restaurant with
4200 Western Boulevard, Jacksonville, NC 28546
For Sale
New
$280,000
Commercial Sale, Jacksonville, NC
Property Size1,834 SF
Lot Size2.17 Acres
Price / SF$152.67
Days on Market2
Property Features for 4200 Western Boulevard
General Information
Property type
Property subtype
Zoning
Subdivision
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Building Details
Year built
Listing Agency:
Ray Properties, INC
(910) 346-8218
Listed By:
Melissa Kepes · License NC #145288
(910) 330-0914
Added: Nov 9
Last Checked: Nov 10 at 5:06PM
MLS# 100615452
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,834-square-foot end-cap restaurant has an indoor dining room, an outdoor patio, and a commercial kitchen. The sale includes kitchen equipment, refrigeration, dining furniture, and fixtures. The restaurant space was built out in 2021, and the property’s recorded year built is 2016. Zoning is CC.
At 4200 Western Boulevard in Jacksonville, the unit is adjacent to a Neighborhood Walmart. The lease runs through 2031 and includes a five-year renewal option; it is structured as NNN.
At 4200 Western Boulevard in Jacksonville, the unit is adjacent to a Neighborhood Walmart. The lease runs through 2031 and includes a five-year renewal option; it is structured as NNN.
Key Highlights
- 1,834‑square‑foot end‑cap restaurant
- Outdoor patio seating and an indoor dining room
- Sale includes commercial kitchen equipment, refrigeration, dining furniture, and fixtures
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,521
Cap Rate
8.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,420
$470.4K
Cap Rate 7%
$336,014
$336.0K
Cap Rate 9%
$261,344
$261.3K
Market Conditions
NOI Build-Up for 1,834 SF
Gross rent
$33.0K $18.00/SF
− Vacancy
−$1.7K −$0.90/SF
EGI
$31.4K $17.10/SF
− OpEx
−$7.8K −$4.27/SF
NOI
$23.5K $12.83/SF
Area
Onslow County, NC
Vacancy
5.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,420
Cap Rate 7%
$336,014
Cap Rate 9%
$261,344
Alternative Uses
Best Use
Specialty Retail
$336.0K
$294.0K – $392.0K
NOI $23,521 @ 7.0% cap · market cap 8.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$398.4K
$348.6K – $464.8K
NOI $27,889 @ 7.0% cap · market cap 9.96%
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
547
Businesses Nearby
328k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Groceries 31%
Apparel 16%
Shops & Services 10%
Academy Sports + Outdoors
Apparel
52,370 visits/mo
0.3 miles
Publix
Groceries
43,200 visits/mo
0.5 miles
Walmart Neighborhood Market
Groceries
35,464 visits/mo
0.1 miles
AMC CLASSIC Kalli 12
Leisure
22,721 visits/mo
0.3 miles
Aldi
Groceries
21,482 visits/mo
0.2 miles
Demographics for 28546, NC
48,547
Population
21,387
Households
2.3
Avg Household Size
30
Median Age
25%
College-Educated
95%
High-School Grad
103.9 sq mi
ZIP Area
467
Density / Sq Mi
$60,552
Median Household Income
$39,487
Median Earnings
$1,174
Median Rent
$212,200
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 - The sale includes dining furniture, fixtures, and commercial kitchen equipment.
Where is this conventional restaurant located?
The property is located at 4200 Western Boulevard Jacksonville, NC.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 1,834‑square‑foot end‑cap restaurant; Outdoor patio seating and an indoor dining room; Sale includes commercial kitchen equipment, refrigeration, dining furniture, and fixtures
