Hospitality for Sale
Catylist Listing ID: 30662781
Number of Units: 1 Units
Building Size (RSF): 7,000 SF
Gross Building Area: See Agent
Sale Price: $550,000
Unit Price: $550,000 Per Unit
Property Use Type: Net Leased Investment (NNN)
Name of Establishment: Confidential
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/16/2021

Overview / Comments

This is a well-established award-winning family restaurant/pizzeria in a coastal North Carolina town. The restaurant has been in business for more than 15 years, seats 150 diners plus limited outdoor dining. Excellent, visible location in a strip center with over 6,000 SF of space, nearby shopping, major hotels, and plenty of beach-goers.

Additionally includes a quick-serve/takeout area, full bar and well-maintained dining area. They offer pick-up service, delivery options, and catering. Please contact me for obtaining a Confidentiality Agreement to sign for Financials.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: Brunswick County
Tax ID/APN: TR-P/O 2 .88AC PL 28/467 NC 211
Zoning: SP-HC
Retail Clientele: General, Family, Traveler, Tourist
Property Located Between: Coastal SE North Carolina
Property Visibility: Excellent
Site Description: Strip Center
Area Description: Retail, Food, Shopping, Beach Lodging
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2004
Roof Type: Flat
Construction/Siding: Brick
Average Occupancy Rate: 150
Exterior Description: Brick
Parking Type: Surface
Parking Description: Paved
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, Satellite
Water Service: Municipal
Sewer Type: Municipal
Easements: Pipelines
Easements Description: Water, Sewer, Electrical

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,132 3,261 27,102
Median Age: 36.78 35.76 36.84
Households: 827 1,287 11,284


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