Search
Freestanding Drive-Through Restaurant
For Sale
Contact for pricing

648 S Memorial Dr, Greenville, NC 27834

Single-tenant QSR with an established operating history and remaining lease term.

Property SizeContact for details
Days on Market141

Property Features for 648 S Memorial Dr

General Information

Standard status Active
Property subtype Retail
Listing Agency: NNNet Advisors San Diego
Listed By: Joe You · License #CA 01394395
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 9:13AM

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 NNNet Advisors San Diego

Investment Insights

Based on property information with market context.

This freestanding quick-service restaurant occupies approximately 2,574 square feet on 0.78 acres and includes a dedicated drive-through. The property is occupied by Popeye’s Louisiana Kitchen and has operated for over 10 years, providing an established restaurant format with single-tenant occupancy.

Located on Memorial Drive in Greenville, the site is across from Vidant Medical Center and near East Carolina University. The lease has approximately 10 years remaining, with scheduled rent increases during the base term. The combination of a recognizable restaurant use, drive-through configuration, and extended remaining lease term creates a clearly defined commercial asset for review.

Key Highlights

  • 2,574 SF freestanding single‑tenant restaurant building
  • Approximately 0.78 acres of total property
  • Dedicated drive‑through serving Popeye’s Louisiana Kitchen QSR

Property Analytics

Current Use

Popeyes Louisiana Kitchen Restaurant

Suggested Use

Top Pick Real Estate Agency HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Bakery Storage Facility

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

2,711
Businesses Nearby
269k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 58% Shops & Services 39% Hotels & Casinos 4%
Sheetz Shops & Services
44,586 visits/mo 0.3 miles
McDonald's Dining
26,818 visits/mo 0.1 miles
Bojangles' Famous Chicken 'n Biscuits Dining
25,188 visits/mo 0.2 miles
Cook Out Dining
22,497 visits/mo 0.1 miles
Dollar Tree Shops & Services
14,687 visits/mo 0.3 miles

Demographics for 27834, NC

55,051
Population
27,368
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
88%
High-School Grad
174.3 sq mi
ZIP Area
316
Density / Sq Mi
$48,081
Median Household Income
$36,755
Median Earnings
$941
Median Rent
$161,700
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Drive through restaurant - Single-tenant QSR with an established operating history and remaining lease term.
Where is this drive through restaurant located?
The property is located at 648 S Memorial Dr Greenville, NC.
What are key features of this property?
This property features: 2,574 SF freestanding single‑tenant restaurant building; Approximately 0.78 acres of total property; Dedicated drive‑through serving Popeye’s Louisiana Kitchen QSR
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message