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16834590
16835061

607 E New Bern Rd, Kinston, NC 28504 For Sale

No Longer For Sale
AH
Crexi Contact
Commercial Real Estate Exchange
JT
NC 318210
SVN | Efird Commercial Real Estate
Listed by Commercial Real Estate Exchange, SVN | Efird Commercial Real Estate
Unpriced
Updated 827 days ago
Closed

1.76 Acres Commercial Land

200+ Feet of Frontage

Marketing description

For registration requirements and regulations, please review here or contact Audrey Hanna | 989-277-5400| [email protected].

25,500 vehicles a day pass by in front of this Quick Service Restaurant (QSR) location. It is located between the best beach in North Carolina and Raleigh Durham. This town of Kinston NC slows the traffic down to about 35 MPH right out front so it's easy to turn into your new shop. McDonalds is averaging 22K visitors and Taco Bell averaging 11K visitors a month are located across the street. On this side of the street is a Citgo and a Waffle House. The Waffle House is averaging 11,500 visitors a month. In the Waffle House universe that ranks this one better than 84% of all of them by visitor volume. Taking all the numbers off the McDonald’s, Taco Bell and Waffle House this land in the middle of them should have a Dunkin’ on it. If it did, their proforma visitor counts would be 21,500 per month and rank them better than 75% of all the Dunkin’ locations. There are lots of other national brand tenants that are missing here who could take advantage of this traffic too.


· Non-Contingent

· Earnest Money Deposit is 10% of the Winning Bid Amount

· Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum

· $10,000 Participation Deposit Required

607 E New Bern Rd, Kinston, NC 28504

Investment highlights

  • 1.76 Acres

  • 25,000 Vehicles Per Day

  • Zoned B-1 Commercial

  • Over 200 Feet of Frontage

  • Located in Flood Plain AE

Listing Contacts

AH
Crexi Contact
Commercial Real Estate Exchange
JT
NC 318210
SVN | Efird Commercial Real Estate
Listed by Commercial Real Estate Exchange, SVN | Efird Commercial Real Estate

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