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    OFF-MARKET
    Retail properties & Spaces

    5 Main St, Andrews, NC 28901

    3,353 SF 1.59 ac lot Built 1991
    Property ID
    Property summary
    AI-generated overview

    This fee-simple vacant quick-service restaurant (QSR) property presents a compelling investment opportunity in Andrews, North Carolina. Located at 5 Main St, 28901, this 3,353 square foot building sits on a 1.59-acre lot and boasts a convenient drive-thru window. Constructed in 1991, the single-story building offers attractive retrofit economics for a prospective buyer looking to establish a QSR operation. The property benefits from its location in a destination retail trade area, with neighboring major retailers driving significant foot traffic and visibility. A key advantage is the lack of competing quick-service restaurants within a 10-mile radius, presenting a unique opportunity to capture a significant market share. Easy access to the property ensures convenient customer access and operational efficiency. This is an exceptional chance to acquire a well-positioned QSR property in a growing market, priced at $500,000. The property is currently vacant, allowing for immediate customization and branding to suit the buyer's specific needs. The substantial lot size offers ample space for potential expansion or outdoor seating. This turnkey opportunity is ideal for an entrepreneur seeking to establish a thriving QSR business in a prime location.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1991
    Total area 3,353 SF
    Lot 1.59 ac (69,260 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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