Former Wendy’s For Sale
4006 Arendell Street, Morehead City, NC
For Sale
Retail
Restaurant
$700,000
Price
3,821 sqft
Building Size
1.25 acres
Lot Area
Overview
Building Size
3,821 sqft
Lot Area
1.25 acres
Year Built
1985
Price Per Sqft
$183.19
Description
Sands Investment Group is Pleased to Present Exclusively For Sale the 3,821 SF Former Wendy’s Building Located at 4006 Arendell Street in Morehead City, North Carolina. This Deal Includes a Perfect Owner/User Opportunity With a Drive-Thru, Providing For a Unique Investment.
Highlights
- Value-Add Opportunity With a Low Price Per Square Foot at $183
- Property Includes a 3,821 SF Building Equipped With a Drive-Thru Offering a Wide Array of New Uses
- Excellent Visibility and Easy Access Along Arendell Street Which is the Main Retail Thoroughfare With Traffic Counts Exceeding 36,268 VPD
- Strong Demographics With an Average Household Income of $71,527 Within a 3-Mile Radius
- Site Sits on 1.25 Acres
- High Barriers to Entry Within the Morehead City Market and Immediate Retail Corridor Creates Minimum Potential Future Development
- Parking Lot Includes 63 Spaces
- Located Less Than 1-Mile From Carteret Healthcare Center and Carteret Community College Which Serves 1,455 Student and Staff
- Nearby Tenants Include: Lowes Foods, Big Lots, IHOP, AutoZone, Zaxby’s, Dunkin’, Hardee’s, Taco Bell, Burger King, Bojangles’, Best Buy, Wells Fargo, Walmart Supercenter and Many More
Documents
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Offering Memorandum
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