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    610 Red Banks Rd Greenville, NC 27858

    Sponsored
    For Lease
    $29 SF/Yr

    Prime Greenville location, 3000 sq ft.

    Lot size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,000 square foot restaurant space is available for lease in Greenville, North Carolina, at 610 Red Banks Rd, zip code 27858. Located in a thriving commercial area, this single-tenant property offers a fantastic opportunity for established or aspiring restaurateurs. The property benefits from its strategic location within a bustling community, surrounded by a diverse mix of businesses and residential neighborhoods ensuring a consistent flow of potential customers. The site is an outparcel of a Food Lion, further enhancing its visibility and accessibility. Nearby national and regional retailers include Staples, Longhorn Steakhouse, Lynndale Shoppes, Olive Garden, Publix, Panera Bread, PetSmart, Chipotle, Starbucks, Greenville Mall, and Old Navy, creating a strong retail synergy and attracting a large customer base. This high-traffic area provides excellent visibility and convenient access for patrons. The existing restaurant space presents a turnkey opportunity, allowing for a seamless transition and immediate commencement of operations. The property's location within a vibrant dining scene offers significant potential for success. This is an ideal space for a restaurant seeking a prime location in a high-traffic area with strong surrounding businesses and residential communities.

    Property Features for 610 Red Banks Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,000 SF

    Unit(s) available at that property

    Space
    Size
    3,000 SF
    Rate per SF
    $29

    HighLights

    • Drive‑Thru Available
    • Grease hood and walk‑in cooler included
    • Ample off‑street parking
    • Indoor and outdoor seating areas
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Pitt
    State
    North Carolina
    Longitude
    -77.37002466
    Latitude
    35.58135534

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    FAQs

    What type of property is this?
    Restaurant - Prime Greenville location, 3000 sq ft.
    Where is this restaurant located?
    The property is located at 610 Red Banks Rd Greenville, NC.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: Drive-Thru Available; Grease hood and walk-in cooler included; Ample off-street parking
    Request Owner's contact information
    610 Red Banks Rd Greenville, NC 27858
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    Greenville, NC 27858
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    610 Red Banks Rd Greenville, NC 27858
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