Drive-Through Restaurant Ground Lease
For Lease
Contact for pricing
500 E 10th St, Greenville, NC 27858
Signalized site across from ECU includes a former restaurant with drive-thru and existing utilities.
Space Size3,120 SF
Lot Size0.64 Acres
Days on Market159
Property Features for 500 E 10th St
General Information
Standard status
Active
Size
3,120 SF
Lot size
0.64 Acres
Property subtype
RETAIL
Site & Location
Traffic Count
23,000 vehicles/day
Road Access
Yes
Utilities to Site
Yes
Additional Details
Flexible Term
Yes
Spaces For Lease
at 500 E 10th St Contact us- Floor
- 01
- Size
- 3,120 SF
- Type
- RETAIL
- Availability
- AVAILABLE, Now
Ground Lease - Development Opportunity $11,667/Mo
Prime ground lease opportunity located in the heart of Greenville’s core retail...
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Contact us
Listing Agency:
Mullarkey Real Estate Group, Inc.
(252) 318-2200
Listed By:
Justin Mullarkey · License #225875
(252) 347-1287
Source:
Moodyscre
Added: Mar 31
Changed: Aug 8
Last Checked: Jul 21 at 12:00PM
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 Mullarkey Real Estate Group, Inc.
Investment Insights
Based on property information with market context.
A prime drive-through restaurant ground lease opportunity on a signalized site in Greenville’s core retail corridor. The property includes a former restaurant building totaling 3,120 SF, along with drive-thru infrastructure and a fully serviced site with water, sewer, gas, and electric.
The location is described as directly across from East Carolina University, with visibility along E. 10th Street and reported traffic counts exceeding 23,000 VPD. The offering is presented as a flexible ground lease structure with terms stated as negotiable.
For operators seeking a ready-to-adapt site, the existing restaurant and drive-thru configuration can support redevelopment or reuse consistent with a range of concept types, subject to approvals and lease terms.
The location is described as directly across from East Carolina University, with visibility along E. 10th Street and reported traffic counts exceeding 23,000 VPD. The offering is presented as a flexible ground lease structure with terms stated as negotiable.
For operators seeking a ready-to-adapt site, the existing restaurant and drive-thru configuration can support redevelopment or reuse consistent with a range of concept types, subject to approvals and lease terms.
Key Highlights
- 0.64‑acre signalized site on E. 10th Street in Greenville’s core retail corridor, directly across from East Carolina University
- Traffic counts exceed 23,000 VPD along E. 10th Street for strong storefront visibility
- Existing 3,120 SF former restaurant with drive‑thru for redevelopment or reuse
Property Analytics
Property Profile
Current Use
Lease Details
23,000 VPD
Traffic count
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$6.73 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,313
Businesses Nearby
112k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 93%
Shops & Services 7%
McDonald's
Dining
32,112 visits/mo
0.4 miles
Krispy Kreme Doughnuts
Dining
26,588 visits/mo
0.5 miles
Starbucks
Dining
20,034 visits/mo
0.3 miles
Taco Bell
Dining
18,366 visits/mo
0.3 miles
Truist
Shops & Services
4,500 visits/mo
0.4 miles
Demographics for 27858, NC
52,857
Population
26,281
Households
2
Avg Household Size
31
Median Age
46%
College-Educated
94%
High-School Grad
61.4 sq mi
ZIP Area
861
Density / Sq Mi
$60,915
Median Household Income
$34,598
Median Earnings
$1,042
Median Rent
$233,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Signalized site across from ECU includes a former restaurant with drive-thru and existing utilities.
Where is this drive through restaurant located?
The property is located at 500 E 10th St Greenville, NC.
What is the lease rate?
The lease rate is $11,667/Mo.
What are key features of this property?
This property features: 0.64‑acre signalized site on E. 10th Street in Greenville’s core retail corridor, directly across from East Carolina University; Traffic counts exceed 23,000 VPD along E. 10th Street for strong storefront visibility; Existing 3,120 SF former restaurant with drive‑thru for redevelopment or reuse
