value add building

Former Wendy’s | Morehead City, NC

Sands Investment Group is Pleased to Present Exclusively For Sale the 3,821 SF Former Wendy’s Value Add Building Located at 4006 Arendell Street in Morehead City, North Carolina. This Deal Includes a Perfect Owner/User Opportunity With a Drive-Thru, Providing For a Unique Investment.

  • Value-Add Opportunity With a Low Price Per Square Foot at $183
  • Property Includes a 3,821 SF Building Equipped With a Drive-Thru Offering a Wide Array of New Uses
  • Excellent Visibility and Easy Access Along Arendell Street Which is the Main Retail Thoroughfare With Traffic Counts Exceeding 36,268 VPD
  • Strong Demographics With an Average Household Income of $71,527 Within a 3-Mile Radius
  • Site Sits on 1.25 Acres
  • High Barriers to Entry Within the Morehead City Market and Immediate Retail Corridor Creates Minimum Potential Future Development
  • Parking Lot Includes 63 Spaces
  • Located Less Than 1-Mile From Carteret Healthcare Center and Carteret Community College Which Serves 1,455 Student and Staff
  • Nearby Tenants Include: Lowes Foods, Big Lots, IHOP, AutoZone, Zaxby’s, Dunkin’, Hardee’s, Taco Bell, Burger King, Bojangles’, Best Buy, Wells Fargo, Walmart Supercenter and Many More

In Cooperation With Sands Investment Group North Carolina, LLC – Lic. #29362 | BoR: Amar Goli – Lic. # 310575

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Burger King


  • Single Tenant NNN Investment
  • 11+ Years Remaining on Long-Term Lease
  • Four 5-Year Options to Extend
  • 5% Increases Every 5 Years, Next Increase in February 2017
  • 33,000 Vehicles Per Day Along Arendell Street
  • Operated by Carrols Corporation (650+ units), the Largest Franchisee of the BURGER KING® Restaurant Chain