Automotive Properties For Sale

511 South Main St

Princeville, NC 27886

Automotive Property
Retail for Sale
$538,260 CAD
3,650 SF

Princeville Retail for Sale

This 1.4 acre corner commercial property offers immediate cash flow with 100% occupancy and a strong 9.5% cap rate, making it an attractive addition to any investment portfolio. This property consists of two separate buildings totaling approximately 3,650 square feet and is occupied by two established tenants: Big Bones Meat Market, operating from the recently renovated main retail building & an automotive dealership/detail business occupying the second building. Stable income producing asset with value-add potential. This well maintained property provides dependable cash flow with minimal landlord responsibilities under its net lease structure. Its prominent corner location and diverse tenant mix create long-term investment stability while offering future upside. Whether you're completing a 1031 exchange or looking to expand your commercial real estate portfolio, this property delivers an attractive combination of income, location, and long-term potential.

Contact:

Green Valley Realty

Date on Market:

2026-07-08

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907 N Washington St

Wadesboro, NC 28170

Automotive Property
Industrial for Sale
$426,062 CAD
6,812 SF

Wadesboro Industrial for Sale - Anson County

This ±4.21-acre parcel offers rare flexibility with existing LI (Light Industrial) zoning, making it suitable for a wide range of commercial and light-industrial operations. Positioned at the signalized intersection of N Washington Street and Hwy 74, with traffic volumes of approximately 30,000 vehicles per day, the site provides exceptional visibility and ease of access for customer traffic and logistical operations. The corner lot features a largely level topography and includes roughly 2.5 acres of undeveloped land, creating opportunities for expansion or new development. Infrastructure on-site includes both water and sewer connections as well as an existing fueling station, which passed inspection 10 months ago and remains fully functional. Fuel certification is valid for another 26 months, adding immediate operational capabilities for users requiring fueling resources. Current improvements include two enclosed buildings requiring cosmetic upgrades and a third open-air garage structure. The Blue building has a new HVAC system installed, and the property benefits from an existing alarm system. With less than one mile to Hwy 74, the property offers direct regional connectivity for distribution and service uses. Given its zoning and location, this site can accommodate multiple uses such as warehousing, logistics and delivery terminals, self-storage, automotive services, manufacturing up to small-scale foundry operations, or retail and convenience facilities. Additional specialized uses may include telecom co-location, recycling operations, and commercial recreation concepts.

Contact:

Julie Wright Commercial Group, LLC

Date on Market:

2026-07-07

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6000-6010 Market St

Wilmington, NC 28405

Automotive Property
Land for Sale
$7,243,071 CAD
6 AC Lot

Wilmington Land for Sale - Market Street Corridor

6000 - 6010 Market Street features ±6 acres of land across 4 parcels, situated between CarMax and Range Time Guns. A prime opportunity for redevelopment, potential uses include a combination car wash franchise in the front of the site with office use in the back of the lot, or a full-service equipment rental company establishing its presence in the market. Aerial map imagery ©Bing Maps, with permission from Microsoft Corporation. Logos shown are the sole copyright of their respective owner(s) and are shown for informational purposes only. To request content removal, please contact us at (919) 828-9999.

Contact:

Hobbs Properties

Property Subtype:

Commercial

Date on Market:

2024-02-08

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0 S Main St

King, NC 27021

Automotive Property
Land for Sale
$3,550,525 CAD
4.03 AC Lot

King Land for Sale - Stokes County

## Prime Commercial Development Opportunity ### 4.03± Acres | Beside & Behind Advance Auto Parts | King, NC Exceptional 4.03± acre commercial development opportunity located in the heart of one of King's busiest retail corridors. Situated beside and behind Advance Auto Parts, this highly visible property offers outstanding potential for commercial development with public water, public sewer, natural gas, electricity, high-speed internet, and other utilities readily available. An additional **44± contiguous acres** are also available for purchase, creating a rare opportunity for developers and investors to assemble more than 48 acres for a large-scale mixed-use, retail, hospitality, medical, or residential project. The property is strategically positioned along the rapidly growing South Main Street/Mountain View Road commercial corridor, just minutes from U.S. Highway 52. This location provides excellent accessibility to Winston-Salem, Pilot Mountain, Mount Airy, Rural Hall, and the greater Piedmont Triad while serving the growing population of King and surrounding Stokes County. The site benefits from strong daily traffic generated by commuters, shoppers, and residents traveling throughout the area's primary commercial district. Numerous national retailers, restaurants, medical providers, financial institutions, and service businesses are located within minutes, creating an established retail destination with excellent consumer visibility and long-term growth potential. Nearby national and regional businesses include Advance Auto Parts, AutoZone Auto Parts, O'Reilly Auto Parts, NAPA Auto Parts, restaurants, convenience stores, banks, medical offices, pharmacies, grocery stores, and numerous local retailers that draw consistent customer traffic throughout the day. The surrounding commercial activity provides tremendous synergy for new development. This property is ideally suited for: • Limited-service or extended-stay hotel • Boutique hotel • Quick-service restaurants • Casual dining • Retail shopping center • Medical office campus • Professional office complex • Self-storage facility • Automotive service center • Pharmacy • Financial institution • Urgent care center • Mixed-use commercial development One of the most exciting possibilities for this property is hospitality development. King continues to experience residential growth while attracting contractors, business travelers, healthcare professionals, tourists, and visitors traveling between Winston-Salem, Pilot Mountain, Hanging Rock State Park, and Mount Airy. Despite the area's continued growth, lodging options remain limited, creating an excellent opportunity for a nationally recognized hotel brand such as Hampton Inn, Fairfield Inn, Holiday Inn Express, Comfort Inn, Best Western, or similar select-service concepts. Developers will appreciate the property's relatively level topography, utility availability, flexible development possibilities, and excellent visibility from one of King's primary commercial corridors. With the adjoining 44± acres available, there is ample room to create a master-planned commercial destination featuring hotels, restaurants, retail outparcels, office buildings, medical facilities, entertainment venues, multifamily housing, or additional commercial uses. King continues to attract new residential development, commercial investment, and expanding businesses due to its strategic location just north of Winston-Salem. Commercial tracts with full municipal utilities and expansion potential are becoming increasingly difficult to find. This offering represents one of the premier development opportunities in the market for investors, developers, builders, and national retailers seeking a high-growth location with outstanding long-term value. Whether your vision includes a hotel, retail center, restaurant development, medical campus, office park, self-storage facility, or a mixed-use commercial destination, this 4.03± acre property—with the option to acquire an additional 44± adjoining acres—provides the location, infrastructure, visibility, and growth potential to bring that vision to reality.

Contact:

Kent Hunter Realty

Property Subtype:

Commercial

Date on Market:

2026-07-01

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5020 E Independence Blvd

Charlotte, NC 28212

Automotive Property
Retail for Sale
$2,839,000 CAD
2,651 SF

Charlotte Retail for Sale - East Charlotte

Position your business in one of Charlotte's most traveled commercial corridors with this unique opportunity on E. Independence Boulevard. Currently operating as a nightclub, the property offers flexibility for a variety of commercial uses, including a retail showroom, bar, lounge, entertainment venue, or other adaptive concepts. The sale includes the land and building, with the option to purchase the existing furniture, fixtures, and equipment (FF&E). A billboard lease provides additional income potential, and the property features approximately 38 on-site parking spaces along with a receiving kitchen to support food service operations.

Contact:

Boundary Street Advisors

Property Subtype:

Freestanding

Date on Market:

2026-06-29

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More details for 322 S Madison Blvd, Roxboro, NC - Retail for Sale

O'Reilly Auto Parts - 322 S Madison Blvd

Roxboro, NC 27573

Automotive Property
Retail for Sale
$2,272,336 CAD
6,976 SF

Roxboro Retail for Sale - Person County

This offering presents an opportunity to acquire a fee-simple interest in a freestanding O’Reilly Auto Parts property located in Roxboro, North Carolina. The asset is subject to a long-term, triple-net lease with O’Reilly Auto Parts, one of North America’s largest specialty automotive retailers with more than 6,400 stores. Positioned along South Madison Boulevard, a high-traffic commercial corridor with approximately 21,700 vehicles per day, the property benefits from strong visibility and convenient regional access. As the county seat and commercial hub of Person County, Roxboro attracts a broad customer base from surrounding communities and enjoys robust traffic generated by national retailers and service providers nearby. The property’s location along the US 501 corridor offers direct connectivity to the Research Triangle and Southern Virginia, two rapidly growing regions that reinforce long-term retail demand. With the existing tenant’s substantial track record and continued expansion, this asset represents a durable income-producing investment backed by a proven operator in the automotive sector.

Contact:

Pickett Sprouse Commercial Real Estate

Date on Market:

2026-06-29

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5231 Raeford Rd

Fayetteville, NC 28304

Automotive Property
Land for Sale
$2,272,336 CAD
2.08 AC Lot

Fayetteville Land for Sale - Southwest Fayetteville

Prime Commercial Corner: 2.08-Acre Development Opportunity Offering Price: $1,600,000 Address: 5231, 5235 & 5241 Raeford Rd, Fayetteville, NC Investment Highlights * High-Visibility Corner: Situated at the bustling intersection of Raeford Road and Durant Drive. * Massive Traffic Exposure: Located directly across from the prominent LaFayette Ford dealership, ensuring constant daily visual exposure. * Flexible Zoning: Assembled across three contiguous parcels to accommodate large-scale development. * Ready for Development: Flat, accessible terrain ideal for immediate planning and construction. Diverse Permitted Uses This versatile property is zoned to accommodate a wide range of highly lucrative commercial industries: * Automotive: Auto Sales, Auto Repair Shop, Gas Station, or Convenience Store. * Retail & Hospitality: Restaurant, Club, Bar, Brewery, or Food Truck Court. * Medical & Professional: Medical Clinic, Veterinarian Hospital, or Professional Offices. * Industrial & Service: Self-Storage Facility, Warehouse, Contractors Office, or Trade Business. * Community: Indoor and Outdoor Recreation Centers.

Contact:

Century 21 Triangle Group

Property Subtype:

Commercial

Date on Market:

2026-06-22

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More details for 1180 Beach Drive, Calabash, NC - Land for Sale

1180 Beach Drive - 1180 Beach Drive

Calabash, NC 28467

Automotive Property
Land for Sale
$418,962 CAD
0.82 AC Lot

Calabash Land for Sale - West Brunswick

Prime commercial site located in the rapidly growing Brunswick County. This 0.82 AC site is located on Beach Dr. SW in Calabash, NC. The property has high visibility with an average traffic count of about 10,000 vehicles per day. Zoned Highway Commercial (HC) allowing for a wide range of uses. As Brunswick County continues to experience commercial and residential growth, this property presents a great opportunity for new businesses or a long-term investment. The property has water and sewer. Reach out to brokers for more details.

Contact:

Sun Coast Partners Commercial

Property Subtype:

Commercial

Date on Market:

2026-06-18

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806 S Main St

Louisburg, NC 27549

Automotive Property
Retail for Sale
$475,770 CAD
1,320 SF

Air Conditioning
Wheelchair Accessible

Louisburg Retail for Sale - Franklin County

Commercial property available for sale on S. Main Street in Louisburg, NC. This is a great opportunity for an owner-user or investor looking for a visible neighborhood business location. The property is suitable for approved B-3 Neighborhood Business uses such as office, retail, professional services, boutique, salon, wellness services, studio, or other service-based businesses. The building offers a practical layout for a small business looking for a standalone commercial location. Sale Price: $335,000 Property Type: Commercial / Neighborhood Business Zoning: B-3 — Buyer to verify permitted use with the Town of Louisburg This property is not suitable for restaurant, car dealership, tire shop, mechanic shop, or auto repair use. Seller will consider serious offers. Buyer is responsible for verifying zoning, permitted use, parking, utilities, and any business approvals with the Town of Louisburg prior to purchase.

Contact:

Zenith Flooring

Date on Market:

2026-06-15

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More details for 1001 Mabel Rawlinson Dr, Holly Ridge, NC - Land for Sale

Hwy 17 at Camp Davis Industrial Park - 1001 Mabel Rawlinson Dr

Holly Ridge, NC 28445

Automotive Property
Land for Sale
$6,035,893 CAD
9.83 AC Lot

Holly Ridge Land for Sale

Positioned at the highly visible corner of US Hwy 17 & Mabel Rawlinson Dr, providing excellent exposure in one of the areas fastest growing commercial corridors between Jacksonville & Wilmington. This vacant and cleared tract, with sewer, water, electric & natural gas already onsite, offers a wide variety of uses - large retailer, restaurant, grocery store, executive suites, hospitality, flex-space, distribution, etc. Retention pond serving this tract is already in place and allows for the site to be built out to an 80% impervious surface. Also, a future traffic light at US Hwy 17 & Mabel Rawlinson Dr. has already been approved. Some existing businesses in the complex are Gulfstream Steel & Supply, Onslow Bay Boatworks, Atlantic Seafood.

Contact:

Sun Coast Partners Commercial

Property Subtype:

Commercial

Date on Market:

2026-06-15

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More details for 5701 W Gate City Blvd, Greensboro, NC - Retail for Sale

Mavis Tires & Brakes Sale-Leaseback - 5701 W Gate City Blvd

Greensboro, NC 27407

Automotive Property
Retail for Sale
$4,322,378 CAD
6,137 SF

Greensboro Retail for Sale - Central Guilford County

As the largest multibrand tire dealer in the United States, Mavis operates over 3,500 service centers throughout the United States under a variety of operating formats, including: Mavis Tire, Express Oil Change & Tire Engineers, and Brakes Plus. Mavis generates approximately $2.4 billion in revenue annually. The Mavis brands are rapidly expanding with goals to add 100+ stores per year. Greensboro is the third largest city in North Carolina, located in the Piedmont Triad region. Known for its Southern charm, affordable cost of living, and strong historical heritage, the city attracts residents and visitors with its extensive public parks, excellent gastronomy, and ample infrastructure.

Contact:

Marcus & Millichap

Property Subtype:

Auto Repair

Date on Market:

2026-06-12

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More details for 360 Ashville Ave, Cary, NC - Retail for Sale

360 Ashville Ave - 360 Ashville Ave

Cary, NC 27518

Automotive Property
Retail for Sale
$3,241,492 CAD
5,625 SF

Cary Retail for Sale

A 5,625 SF Atlantic Tire location on a 1.00-acre parcel, producing $141,509 in base rent effective July 17, 2026 ($25.16/SF). Priced at $2,282,403 at a 6.20% CAP rate, the asset offers contractual 3% annual rent growth and long-term tenancy in one of the Triangle’s most sought-after suburban submarkets. The property’s compact, efficient footprint supports strong rent coverage and operational performance. Positioned within a densely populated and rapidly expanding pocket of Cary, the property offers strong neighborhood connectivity and commuter access, with ±6,600 VPD on Regency Parkway and adjacent US-1 carrying approximately 15,500 VPD. The surrounding trade area draws on Cary’s deep employment base, top-rated schools, and quality-of-life appeal, all of which sustain consistent demand for convenience-oriented automotive services. The location pairs everyday accessibility with the durability of a mature, built-out market.

Contact:

Lee & Associates

Property Subtype:

Auto Dealership

Date on Market:

2026-06-09

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1376-1380 NW Maynard Rd

Cary, NC 27513

Automotive Property
Retail for Sale
$4,334,617 CAD
7,485 SF

Cary Retail for Sale

A 7,485 SF automotive service facility on a 1.14-acre infill parcel, generating $189,230 in base rent effective July 17, 2026 ($25.28/SF). The asset is priced at $3,052,096, reflecting a 6.20% CAP rate, with 3% annual escalations driving consistent income growth across the remaining lease term. The site benefits from an established operating history at a mature, high-visibility location within Cary’s inner commercial ring. The property fronts NW Maynard Road, one of Cary’s primary semi-circular commercial corridors connecting the town’s densest residential and retail nodes, with approximately 21,000 vehicles per day. The immediate trade area is anchored by affluent, well-established neighborhoods and steady daily traffic, and Cary consistently ranks among North Carolina’s highest-income and fastest-growing communities. Its central position offers convenient access to US 1/64, Cary Parkway, and the broader Triangle commuter network.

Contact:

Lee & Associates

Property Subtype:

Auto Repair

Date on Market:

2026-06-09

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3001 Wakefield Crossing Dr

Raleigh, NC 27614

Automotive Property
Retail for Sale
$3,699,532 CAD
6,420 SF

Raleigh Retail for Sale - Six Forks/Falls of Neuse

A 6,420 SF automotive service facility on a 2.35-acre parcel, generating $161,505 in base rent effective July 17, 2026 ($25.16/SF). Offered at $2,604,919, a 6.20% CAP rate, the asset combines stable in-place income with 3% annual escalations and meaningful underlying land value. Its location within the master-planned Wakefield community reinforces long-term durability and tenant performance. The property anchors North Raleigh’s Wakefield submarket along Falls of Neuse Road, which carries approximately 26,500 vehicles per day — the highest traffic count in the portfolio. Wakefield is a prominent master-planned community known for residential density, affluent demographics, and proximity to major commuter routes including US 1 and I-540. Sustained population growth, retail expansion, and a Community Mixed Use future land use designation continue to reinforce the corridor’s long-term trajectory.

Contact:

Lee & Associates

Property Subtype:

Auto Repair

Date on Market:

2026-06-09

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5412 S Miami Blvd

Durham, NC 27703

Automotive Property
Retail for Sale
$3,764,610 CAD
6,534 SF

Durham Retail for Sale - Research Triangle

A 6,534 SF facility on a 1.75-acre parcel, producing $164,346 in base rent effective July 17, 2026 ($25.15/SF). Priced at $2,650,742, reflecting a 6.20% CAP rate, the asset offers inflation-resistant income through 3% annual escalations and strong positioning near one of the nation’s premier research and employment hubs. The site’s generous land area and corridor visibility add long-term flexibility and value. The property sits along S Miami Boulevard, a heavily traveled commercial corridor carrying approximately 18,500 vehicles per day, immediately adjacent to Research Triangle Park. The location draws significant daytime population and commuter traffic from one of the country’s largest concentrations of research and technology employment. Durham’s ongoing economic and population growth — fueled by RTP, life sciences expansion, and downtown redevelopment — continues to drive commercial demand along the corridor.

Contact:

Lee & Associates

Property Subtype:

Auto Repair

Date on Market:

2026-06-09

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Atlantic Tire & Service

Automotive Property
Retail for Sale
$15,040,251 CAD
23,528 SF
4 Retail Properties

Portfolio of properties for Sale - Six Forks/Falls of Neuse

Lee & Associates Raleigh-Durham-Wilmington is pleased to present the exclusive offering of the Atlantic Tire & Service Portfolio, a four-property net leased investment opportunity located throughout North Carolina’s Research Triangle. The portfolio consists of strategically located automotive service facilities in Cary, Raleigh, and Durham, three of the Southeast’s fastest-growing and most affluent communities. Atlantic Tire operates as part of the Goodturn Tire & Auto platform and benefits from the institutional backing of Garnett Station Partners, providing investors with exposure to a well-capitalized operator and an essential-service business model. The portfolio combines durable in-place cash flow, strong underlying real estate fundamentals, and long-term growth potential within one of the nation’s leading technology and life sciences markets.

Contact:

Lee & Associates

Date on Market:

2026-06-09

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601 & 607 S. 17th Street For Sale

Automotive Property
Mixed Types for Sale
$1,844,853 CAD
2 Properties | Mixed Types

Wilmington Portfolio of properties for Sale - Midtown

FOR SALE | PRIME URBAN MIXED-USE DEVELOPMENT OPPORTUNITY 601–607 S 17th Street, Wilmington, NC 28401 Offered at: $1,600,000 Positioned in the heart of one of Wilmington’s fastest-growing corridors, this rare assemblage presents a premier opportunity for developers, investors, and owner-users alike. Located along highly trafficked S 17th Street (±15,500 VPD), the property sits at the gateway to the thriving Cargo District and Castle Street corridor—an area rapidly transforming into a vibrant, walkable urban hub. Property Overview 601–607 S 17th Street (Combined Offering) • Total Site Area: ±0.35 Acres • Building 1: ±1,250 SF Commercial / Mechanical Workshop • Building 2: ±1,691 SF Commercial / Office • Zoning: UMX – Urban Mixed Use Existing Business Opportunity The well-established Browning Tire & Auto has been family-owned and operated since 1978, offering tire sales, automotive repairs, inspections, and maintenance services. The business can be purchased in conjunction with the real estate, providing immediate cash flow or a transitional income stream during redevelopment planning. Why UMX Zoning is a Game-Changer: The UMX (Urban Mixed Use) District is among the most flexible and developer-friendly zoning designations in Wilmington, designed to promote density, walkability, and vertical integration of uses. Key Development Advantages: • No Density Cap (Vertical Mixed-Use): Maximize returns by building residential over retail or office • Building Height Potential: • Up to 45 ft by right (~4 stories) • Potential for up to 75 ft with SUP or Development Agreement • Minimal Setbacks: Build close to the street for true urban form • Parking Flexibility: Rear or side placement encourages higher land efficiency Strategic Insight: This zoning allows developers to unlock maximum land value by stacking uses—ideal for multifamily, live-work, retail, or mixed-use projects. The lack of density restrictions (for vertical mixed-use) creates a significant upside rarely found in comparable markets. Location Highlights Situated between midtown and downtown, this site benefits from immediate proximity to the rapidly expanding Cargo District and Castle Street Arts corridor: • Over 70+ local businesses within walking distance • Popular restaurants, breweries, coffee shops, and retail concepts nearby • Strong arts, culture, and entrepreneurial ecosystem • Close proximity to downtown Wilmington and major commuter routes • Traffic Count: ±15,500 vehicles per day Demographics (2024 Estimates): • Population: 24,365 • Median Household Income: $52,482 • Median Age: 40.8 Development Potential This assemblage is ideally suited for: • Mixed-Use Development (Retail + Apartments Above) • Boutique Multifamily Project • Live/Work Creative Spaces • Retail Redevelopment or Adaptive Reuse With UMX zoning, developers can pursue a high-density, walkable project aligned with the city’s vision for urban infill—making this a standout opportunity in a supply-constrained market. Investment Summary • Rare ±0.35-acre assemblage in urban core • Flexible UMX zoning with major upside • Income-producing business optional • Located in one of Wilmington’s fastest-growing districts • Strong fundamentals for multifamily or mixed-use development

Contact:

Sun Coast Partners Commercial

Property Subtype:

Mixed Types

Date on Market:

2026-06-09

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117 Woodwinds Industrial Ct

Cary, NC 27511

Automotive Property
Flex for Sale
$1,379,468 CAD
3,346 SF

Cary Flex for Sale

117 Woodwinds Industrial Court presents a rare opportunity to acquire a stabilized industrial investment in the heart of Cary’s established industrial corridor. The property benefits from sought-after outdoor storage capability and is fully leased to a long-term tenant, providing immediate cash flow, annual rent escalations, and durable income growth potential.

Contact:

Lee & Associates

Date on Market:

2026-06-09

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3861 Martin Luther King Jr Blvd

New Bern, NC 28562

Automotive Property
Land for Sale
$994,147 CAD
1.97 AC Lot

New Bern Land for Sale

An outstanding commercial land parcel located at a signalized intersection along Dr. Martin Luther King Jr. Boulevard in New Bern, NC, offers users an unparalleled opportunity in one of the area’s most prominent retail corridors. With daily traffic volumes of 25,500 vehicles, the site ensures consistent exposure and accessibility, making it well-suited for retail, service, restaurant, or automotive-oriented businesses. Positioned between Tractor Supply Co. and Harbor Freight Tools, the property benefits from strong national co-tenancy and immediate access to an established cluster of retail uses. The parcel boasts excellent visibility with full-motion ingress and egress from the lighted intersection. Its strategic proximity to neighborhoods, leading businesses, and employment hubs maximizes customer reach, creating long-term value for developers and owner-users alike.

Contact:

SVN | Efird Commercial Real Estate

Property Subtype:

Commercial

Date on Market:

2026-06-09

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Sylva Rd

Franklin, NC 28734

Automotive Property
Land for Sale
$688,802 CAD
1.62 AC Lot

Franklin Land for Sale

Positioned along a primary commercial corridor in Franklin, this 1.62± acre parcel is zoned C-3 Highway Commercial, allowing for a wide range of retail, automotive, and service-oriented uses. Traffic counts are 20k+ cpd. C-3 is the Town’s most flexible commercial zoning district, permitting uses such as auto dealerships, RV and manufactured home sales, restaurants (including drive-thru), multi-tenant retail, and service businesses. The site size exceeds one acre, making it particularly well-suited for vehicle sales, outdoor display, or other highway-oriented commercial uses. This property is well-positioned near Franklin’s primary retail, medical, and service corridor, with nearby demand drivers including Angel Medical Center, Walmart Supercenter, Ingles, downtown Franklin, and surrounding residential growth. Ideal for an owner-user, developer, or investor seeking a flexible commercial site in one of Franklin’s key growth corridors.

Contact:

Dewey Property Advisors

Property Subtype:

Commercial

Date on Market:

2026-06-05

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More details for 1102 E Church St, Cherryville, NC - Retail for Sale

STNL AutoZone/BBB Credit/Below Market Rent - 1102 E Church St

Cherryville, NC 28021

Automotive Property
Retail for Sale
$1,827,810 CAD
6,786 SF

Cherryville Retail for Sale - Gaston County

North Carolina Broker of Record: DARREN WOOD License No. 9359 Faris Lee Investments is pleased to present the unique opportunity to acquire a Single Tenant Net Lease property occupied by AutoZone, the dominant force in the automotive aftermarket industry. This asset represents an exceptional passive investment, secured by a corporate lease with an investment-grade tenant in the high-growth Charlotte, NC MSA. The property offers fee-simple building ownership at 1102 E Church Street, providing excellent tax benefits through cost segregation and accelerated depreciation. The investment is backed by an exceptionally strong corporate guarantee. AutoZone (NYSE:AZO) is the largest auto parts retailer in the U.S. and carries a ‘BBB Stable’ investment-grade credit rating from S&P. Operating since 1979, the company demonstrates massive financial strength with a $58 Billion market capitalization (as of May 2026), fiscal year 2025 revenues exceeding $18.9 Billion, and a footprint of over 7,100 stores across the U.S., Mexico, and Brazil. A key feature of this asset is the ease of management provided by the corporate lease structure. The tenant handles property taxes, insurance, utilities, landscaping, HVAC, and dayto-day maintenance. Landlord responsibilities are limited strictly to the roof, structure, and major parking lot replacement, requiring no management overhead. This hands-off structure creates a secure vehicle perfect for a passive investor or 1031 exchange buyer looking for immediate corporate cash flow.

Contact:

Faris Lee Investments

Property Subtype:

Auto Repair

Date on Market:

2026-06-03

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More details for 2620 N Main St, High Point, NC - Retail for Sale

Tesla Sales, Service & Delivery Center - 2620 N Main St

High Point, NC 27265

Automotive Property
Retail for Sale
$32,049,879 CAD
50,000 SF

High Point Retail for Sale - High Point/SW Guilford Cty

Pegasus Investments Real Estate Advisory Inc., in conjunction with ParaSell Inc., as exclusive advisors to Seller, is pleased to present the opportunity to acquire a fee simple interest in a Tesla sales, delivery, and service center located within a prime retail corridor in High Point, North Carolina (the “Property”). The Property is secured by a long-term corporate lease with Tesla, Inc., which completely redeveloped the Property in 2023, including a new roof, HVAC units and a full interior renovation, and took occupancy subject to a 15-year lease which has approximately 13 years of term remaining. The lease carries attractive 3.0% annual rent increases throughout the base term and option periods, providing investors with NOI growth of 38% throughout the base term, yielding nearly an 8.00% cap rate by 2038. Tesla, Inc. (NASDAQ: TSLA) ranks as the 10th most valuable company in the world with a market capitalization of $1.5 Trillion and carries an investment grade credit rating (S&P: BBB). Tesla is nearly 5 times larger than the next closest automaker, Toyota, by market capitalization ($300 Billion). Tesla commands roughly 60% of the U.S. electric vehicle market, over 22 times the share of its nearest competitor, cementing its position as the dominant force in domestic EV adoption. Beyond its core automotive platform, Tesla continues to expand across energy storage, artificial intelligence, and robotics, with its energy storage segment posting record gross profit for the 5th consecutive quarter, reinforcing the company’s growth trajectory and financial security. The Property sits on a large 5.84-acre parcel that occupies an entire signalized corner at a prominent intersection along Main Street (36.3k VPD) in the heart of High Point’s commercial retail trade corridor – situated between a Walmart Supercenter and a high-performing Lowe’s (ranked 96th percentile nationally, Placer.ai). The Property’s site plan ideally benefits Tesla’s SSL business model with 253 exclusive parking spaces and two, prime outparcel lots fronting Main Street, which Tesla sought to control in an effort to maximize visibility and parking count. Investors will benefit from the implied value in the outparcels, and the extremely fungible site plan afforded by the Property’s unique shopping center layout, and no REA/OEA restrictions from the neighboring centers which could impede or hinder redevelopment. The Property’s evolution, from grocery-anchored shopping center to Gold’s Gym, demonstrates the adaptive reuse potential that positions it for sustained long-term value appreciation. The surrounding trade area has experienced a significant acceleration in electric vehicle ownership, increasing nearly six-fold over the past five years and 45% year-over-year, far outpacing the national EV adoption rate. With Tesla capturing more than 70% of North Carolina’s EV ownership and the nearest Tesla service center located over 75 miles away, the Property serves as the exclusive sales, delivery, and service hub for the entire 1.76 million resident Piedmont Triad MSA, helping secure long-term viability for the asset well beyond Tesla’s occupancy period. The Piedmont Triad represents one of the densest interstate concentrations in the Southeast, with four major interstates, (I-40, I-73, I-74, I-85), converging in the region to create a national logistics and distribution corridor. Ongoing infrastructure investment, including the recently completed $146M Rockingham Bypass and the continued buildout of the I-74, further reinforces the region’s long-term economic relevance. Locally, the High Point economy is anchored by the High Point Market, the world’s largest furniture trade show, which generates over $6.73B in annual economic impact and supports more than 42,000 local jobs. Complementing this is High Point University (HPU), ranked #1 as the “best-run college in the nation” by the Princeton Review in 2024 and 2025, and contributes nearly $500 million in economic impact annually to the region. HPU is currently in the middle of a $400M renovation/expansion that involves the creation of new academic, residential, and student facilities, in addition to a new $100M, 150,000 SF 4-story library. Supported by investment-grade tenancy, premium rent growth, and excellent real estate fundamentals, this offering represents an exceptional opportunity to acquire a strategically positioned, single-tenant Tesla asset within one of the Southeast’s most economically resilient and high growth regions.

Contact:

Pegasus Investments

Property Subtype:

Freestanding

Date on Market:

2026-06-03

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More details for 3102 Kelley Austin Dr, Raleigh, NC - Land for Sale

Raleigh Downtown Market 1.97 Acres CX-12 Lot - 3102 Kelley Austin Dr

Raleigh, NC 27610

Automotive Property
Land for Sale
$7,811,155 CAD
1.97 AC Lot

Raleigh Land for Sale - East Raleigh

Approved zoning CX-12 Up to 236 residential units Up to 65,000 SF office space Up to 25,000 SF retail space Key Property Highlights ±1.97 Acres Prime corner/infill location Immediate access to I-440 and New Bern Avenue High visibility and traffic exposure Rapidly expanding Raleigh submarket Strong surrounding residential density Flexible commercial mixed-use zoning Potential for residential, office, retail, and service-oriented development self-storage/storage units Excellent Fit For: Self-storage units Gas Station / Convenience Store Express or Tunnel Car Wash Mixed-Use Retail Development QSR / Fast Food Coffee Drive-Thru Retail Strip Center Multifamily / Residential - approved Zoning for 236 units development 12 floors Medical Office Development or Urgent Care Strong Gas Station / Car Wash Opportunity This site is well-positioned for a fuel station and express car wash concept due to: Major commuter traffic flow Easy highway connectivity Strong daytime and residential population growth Visibility from surrounding arterial corridors Increasing demand for convenience retail and automotive services in East Raleigh Survey and environmental reports available for qualified and serious buyers during due diligence. Rezoning ordinance and entitlement documentation available upon request. Excellent opportunity for developers, owner-users, gas station operators, car wash investors, and mixed-use builders seeking a high-growth Raleigh location. Property positioned within a rapidly developing corridor with strong long-term upside and increasing surrounding residential density

Contact:

Venkata Kishore Reddy AmmiReddy

Property Subtype:

Commercial

Date on Market:

2026-05-20

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More details for 6444 University Pkwy, Winston-Salem, NC - Land for Sale

±3.14 Acres - 6444 University Pkwy

Winston-Salem, NC 27105

Automotive Property
Land for Sale
$603,589 CAD
3.14 AC Lot

Winston-Salem Land for Sale - NW Forsyth County

Versatile ±3.14 AC commercial site located at the junction of I-74/University Pkwy outside of Winston Salem. Current split zoning of RS9 and HB. Well located commercial site under current zoning(ideal for self-storage, IOS, etc.) City Water to site.

Contact:

Linville Team Partners

Property Subtype:

Commercial

Date on Market:

2026-05-20

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