Drive-Through Restaurant
714 Broad Street New Bern, NC 28562
714 Broad Street, New Bern, NC, 28562
Contact for pricing
For Sale
Contact for pricing
For sale downtown restaurant building with drive-thru and ample parking on Broad Street near county offices and Union Park.
Property Size3,322 SF
Lot Size0.96 Acres
Price / SF$328.12
Days on Market22
Property Features for 714 Broad Street
General Information
- Standard status
- Active
- Size
- 3,322 SF
- Lot size
- 0.96 Acres
- Property subtype
- Special Purpose
Building Details
- Year Built
- 1979
Listing agency
Century 21 Zaytoun-raines
(908) 482-1395
Listed by
Melinda Bianchi · License #NC
Source
Crexi
Added: Jul 2 Updated: Jul 23 at 5:09AM Checked: Jul 23 at 5:09AM
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 Century 21 Zaytoun-raines
Investment Insights
Based on property information with market context.
For sale at 714 Broad Street in New Bern, NC, this downtown restaurant building offers a drive-thru configuration on a 0.96-acre site with ample parking. The property totals 3,322 square feet and was previously operated as a Hardee’s, followed by Jim Bob’s Restaurant.
Public remarks cite heavy traffic along Broad Street and note the location is within walking distance of county offices, other restaurants, the waterfront, and Union Park. The site’s combination of drive-thru access and parking supports restaurant and related retail use in a central, high-activity area.
Public remarks cite heavy traffic along Broad Street and note the location is within walking distance of county offices, other restaurants, the waterfront, and Union Park. The site’s combination of drive-thru access and parking supports restaurant and related retail use in a central, high-activity area.
Key Highlights
- Downtown restaurant building built in 1979
- 3322 SF building with a drive‑thru
- Located on a 0.96‑acre lot on Broad Street
Local Financial Insights For 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 | $100.1k | $30.12 |
| − Vacancy | −$6.3k | −$1.89 |
| EGI | $93.8k | $28.23 |
| − OpEx | −$28.1k | −$8.47 |
| NOI | $65.6k | $19.76 |
3,322 SF · lease $30.12/SF/yr · vacancy 6.29% · expense 30.00%
Alternative Uses
Best Use
Retail
$937.6K
$820.4K – $1.09M
NOI $65,635 @ 7.0% cap · market cap 6.02%
Second Best
Specialty Retail
$613.8K
$537.0K – $716.1K
NOI $42,963 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$1.10M
$958.4K – $1.28M
NOI $76,668 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Drive through restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - For sale downtown restaurant building with drive-thru and ample parking on Broad Street near county offices and Union Park.
Where is this drive through restaurant located?
The property is located at 714 Broad Street New Bern, NC.
What is the asking price?
The asking price for this property is $1,090,000.
What are key features of this property?
This property features: Downtown restaurant building built in 1979; 3322 SF building with a drive‑thru; Located on a 0.96‑acre lot on Broad Street
