CARY, WAKE COUNTY
Asking Price: $125,000
Inventory: Not Included
Lease Rate: $7,000 /Month
Location, location, location!
Established fine dining restaurant location in the heart of Cary, NC, a town ranked as one of the best small cities to live in America.
Great opportunity to invest in a ~5,000 sq ft spacious restaurant with full bar serving cocktails, wine and beer in the affluent Cary submarket close to dense surrounding residential population. The center caters to an affluent, well-educated consumer base. It has an outstanding, safe and convenient location, low competition, is minutes from apartment complexes, SAS, one of Cary’s largest employers, Metlife and top employers, and has easy vehicle access to I-40, I-440 and I-540.
Leading North Carolina grocery and big national retailer anchored well-occupied community shopping center with reputed national and regional tenants in strong demographic market in the heart of Cary, North Carolina. The center has traffic of over 30,000 vehicles per day. Population exceeds 62,900 people with an average household income greater than $86,200 in a three-mile radius. Cary’s estimated population is 165,904 according to the most recent United States census estimates, and Cary is the 7th largest city in North Carolina based on official 2017 estimates from the US Census Bureau.
The current lease rate is $7,000 per month. The restaurant has a fully equipped kitchen, buffet, and a seating capacity of 149. It is suitable for a variety of different concepts and cuisine. Great opportunity for restaurateurs moving to Raleigh-Durham-Chapel Hill in North Carolina.
***Inventory is not included but negotiable with a good offer.***
For complete information and all listings, or to list your restaurant or other businesses for sale, contact Madhur Gupta at 919 428 9840.
***The information in this listing has been provided by the business seller, and is subject to change without notice. Buyer must independently verify any of the information about the business, and we assume no responsibility for its accuracy or completeness.***
Real Estate: Leased
Building SF: 4,800
Financing: Seller financing may be available to a qualified buyer.
Reason for Selling: Absentee Owner