Fully Leased Former Wendy's Restaurant For Sale

413 West Main Street, Havelock, NC 28532

Property Information

  • For Sale $679,000
  • Property Type Retail - Restaurant
  • Property Size 2,694 SF
  • Units 1
  • Lot Size 0.87 Acre
  • Parking Spaces Avail. 43
  • Parking Ratio 16.00 / 1,000 SF
  • Property Tenancy Single Tenant
  • Year Built 1984
  • Year Renovated 2026
  • Date Updated Jul 2, 2026

Description

Havelock is located in eastern Craven County, approximately 25 miles from Morehead City and the Crystal Coast. It's home to Marine Corps Air Station Cherry Point, the world's largest Marine Corps air station, and home to the 2nd Marine Aircraft Wing.Presenting a stabilized, income-producing investment, 413 West Main Street offers a 2,694 SF freestanding restaurant/retail asset with a new 5-year lease and renewal options, delivering immediate cash flow and 3% annual rent escalations for built-in NOI growth. The property has been extensively upgraded (2022 renovation + 2026 improvements), minimizing near-term capital needs. Located in Havelock near MCAS Cherry Point, the asset benefits from strong local demand, high visibility, and ample parking (±16/1,000 SF)—positioning it as a turnkey acquisition for investors seeking to deploy capital quickly.

Highlights

  • 2,694 SF building ideally suited for restaurant or retail use.
  • Ample on-site parking (±16 spaces per 1,000 SF), exceeding typical restaurant requirements and supporting high-volume operators.
  • Built in rent growth with 3% annual escalations, offering predictable NOI increases.
  • Extensively upgraded asset– renovated in 2022 with additional capital improvements completed in 2026, including expanded cooking area, exhaust hoods, and optimized interior layout
  • High-visibility, high-traffic corridor location, offering strong exposure and accessibility for sustained tenant performance
  • New tenant in place with a 5 year lease and renewal options, providing near-term income stability with long-term upside.
  • Strategically located in Havelock, a growing market supported by MCAS Cherry Point and steady year-round demand.
  • Zoned HC for Highway Commercial - allowing for a wide range of retail and restaurant uses.

Contacts

Location

Located at 413 West Main Street, Havelock, NC 28532, this property is part of the Havelock neighborhood.

  • 58/100 Somewhat Walkable
  • 63/100 Bikeable
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