1420 E Broad St - Restaurant FOR SALE


Fuquay Varina, NC 27526
$4,500,000 USD
919-219-9312
1420 E Broad St, Fuquay Varina, NC for Sale
$4,500,000 USD
Restaurant - FOR SALE
1/19
null | Request Cap Rate

1420 E Broad St
Fuquay Varina, NC 27526


HIGHLIGHTS

  • Strategic Location: High-visibility corner lot with 179' frontage on Sunset Lake Rd and immediate proximity to Highway 401.
  • Infrastructure: Massive parking capacity (121+ spaces) and modern 2020 upgrades, including a revamped patio with heaters and a massive video wall.
  • Own the Ultimate Sports Bar & Entertainment Hub in the Heart of the Triangle

OVERVIEW

Own the Ultimate Sports Bar & Entertainment Hub in the Heart of the Triangle. 1.82-Acre Prime Corner in Downtown Fuquay-Varina Price: $4,500,000 Property Type: Standalone Retail / 2nd Generation Restaurant Building Size: ±11,879 SQ FT on 1.82 AC Condition: Completely Renovated in 2020; inclusive of all FF&E (Furniture, Fixtures, & Equipment - list provided). Currently home to the Cleveland Draft House, this is a rare opportunity to acquire a fully equipped, high-capacity venue in a booming market. Ready for Service: Skip the 2-year build-out. This 2nd-generation space includes a professional kitchen, private dining rooms for events, and a massive 27-TV sports bar setup. Unrivaled Capacity: Over 11,000 sq. ft. of indoor space plus a heated year-round patio--perfect for large crowds and community events. Main Street Advantage: Benefit from the town's Downtown Development Program, which drives heavy foot traffic and supports local business growth through the NC Main Street initiative. Medical Conversion Potential: With its standalone structure and high parking ratio, the site is also an ideal candidate for a premier medical health complex or urgent care facility. Key Selling Points to Mention: Traffic: Significant daily counts on E. Broad St (Hwy 401). Turnkey: Mention that the sale is "inclusive of FF&E," meaning a new owner could potentially open for business almost immediately after closing. To further boost interest, I can provide a demographic breakdown of the 5-mile radius or a comparison of recent commercial sales in Wake County. Market Growth: Fuquay-Varina is one of NC's fastest-growing communities, with major nearby developments like Gold Leaf Crossing (Target-anchored) opening in 2026.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$434 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

121

LAND DETAILS

LAND ACRES

1.82 AC

LAND SF

79,279 SF

ZONING

CC

APN/PARCEL ID

0667.04-61-9110-000

ASK ABOUT THIS PROPERTY

Marguerite GreeneCentury 21 Triangle GroupMore Info
919-219-9312

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Marguerite GreeneCentury 21 Triangle GroupMore Info
919-219-9312

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.