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Vandora Springs Road Portfolio 3 Properties Offered at $8,203,380 CAD in Garner, NC
Investment Highlights
- 31,762 SF across three freestanding buildings on 4.02 acres
- Excellent location just 3 miles from Downtown Raleigh, with strong visibility from US 70 (±34,500 VPD)
- Potential for redevelopment or re-tenanting in high-demand growth market
- Zoning is Heavy Industrial (Conditional) and Commercial Mixed Use
- Dense and growing trade area with ±158,000 residents within 5 miles
Executive Summary
CALL FOR OFFERS DUE SEPTEMBER 18, 2025
Three-building, multi-tenant investment opportunity located in the core of Garner, NC. This portfolio consists of two retail buildings and one industrial building on 4.02 acres, offering a mix of current income and offering current income with clear value-add potential through lease-up and repositioning. Located just 3 miles south of Downtown Raleigh, the property offers excellent visibility from US-70, strong demographics, and convenient access to I-40, I-440, and key employment centers.
-- 31,762 SF across three freestanding buildings on 4.02 acres
-- 101 Vandora Springs Rd (Industrial): ±26,362 SF | Lease expires June 2025 | No renewal options
-- 103-107 Vandora Springs Rd (Retail): ±4,000 SF | One suite lease through July 2030, one month-to-month
-- 109 Vandora Springs Rd (Retail): ±1,400 SF | Leased through 2027
-- Zoning is Heavy Industrial (Conditional) and Commercial Mixed Use
-- Excellent location just 3 miles from Downtown Raleigh, with strong visibility from US 70 (±34,500 VPD)
-- Dense and growing trade area with ±158,000 residents within 5 miles
Three-building, multi-tenant investment opportunity located in the core of Garner, NC. This portfolio consists of two retail buildings and one industrial building on 4.02 acres, offering a mix of current income and offering current income with clear value-add potential through lease-up and repositioning. Located just 3 miles south of Downtown Raleigh, the property offers excellent visibility from US-70, strong demographics, and convenient access to I-40, I-440, and key employment centers.
-- 31,762 SF across three freestanding buildings on 4.02 acres
-- 101 Vandora Springs Rd (Industrial): ±26,362 SF | Lease expires June 2025 | No renewal options
-- 103-107 Vandora Springs Rd (Retail): ±4,000 SF | One suite lease through July 2030, one month-to-month
-- 109 Vandora Springs Rd (Retail): ±1,400 SF | Leased through 2027
-- Zoning is Heavy Industrial (Conditional) and Commercial Mixed Use
-- Excellent location just 3 miles from Downtown Raleigh, with strong visibility from US 70 (±34,500 VPD)
-- Dense and growing trade area with ±158,000 residents within 5 miles
Taxes & Operating Expenses (Pro Forma - 2025) |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$631,923
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$631,923
|
| Net Operating Income |
-
|
Taxes & Operating Expenses (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $631,923 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $631,923 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
Property Facts
| Price | $8,203,380 CAD | Number of Properties | 3 |
| Price / SF | $230.35 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 35,612 SF |
| Status | Under Contract | Total Land Area | 12.06 AC |
| Price | $8,203,380 CAD |
| Price / SF | $230.35 CAD / SF |
| Sale Type | Investment or Owner User |
| Status | Under Contract |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 35,612 SF |
| Total Land Area | 12.06 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 101 Vandora Springs Rd, Garner, NC 27529 | Industrial | 28,158 SF | 1968 | - |
| 103-107 Vandora Springs Rd, Garner, NC 27529 | Retail | 6,321 SF | 1968 | - |
| 109 Vandora Springs Rd, Garner, NC 27529 | Retail | 1,133 SF | 1968 | - |
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