2000 N Bridge St

Elkin, NC 28621

• Retail Space
• Retail for Sale
• $2,819,117 CAD
• 9,019 SF

• Restaurant

Elkin Retail for Sale

Rare opportunity to acquire two tax parcels totaling approximately 22.6± acres with an established restaurant and brewery operation. The property includes a 5,269± SF restaurant building featuring two levels plus a basement for additional storage, extensively refurbished approximately two years ago. Long known as the former Basin Creek Country Store, the property was transformed into a destination brewery and smokehouse. Also included is a separate 3,750± SF metal brewery building designed for commercial brewing operations. Furniture, Fixtures & Equipment (FF&E) are included in the sale price, offering a true turnkey opportunity for an owner-operator or investor. The property offers the ability to continue restaurant and brewery operations immediately, with potential long-term brewery leaseback income available for buyers seeking an investment component. The expansive acreage provides numerous possibilities for future growth, including event venues, outdoor recreation, hiking or biking trails, brewery expansion, hospitality uses, campground/glamping concepts, or other commercial and tourism-related ventures. The combination of operational infrastructure, included FF&E, substantial acreage, and established destination appeal creates a unique opportunity with significant upside potential.

Contact:

Underdown, Ball & Associates, LLC

Property Subtype:

Restaurant

Date on Market:

2026-06-16

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1417 N Marine Blvd

Jacksonville, NC 28540

• Retail Space
• Retail for Sale
• $426,063 CAD
• 3,715 SF

Jacksonville Retail for Sale

1417 N Marine Blvd | Jacksonville, NC ±0.71 Acre Retail Site For Sale Prime redevelopment opportunity located just two blocks from the signalized intersection of N Marine Blvd & Gum Branch Rd in the heart of Jacksonville’s primary retail corridor. The existing structure has been removed due to fire damage, creating a clean slate for new construction. This site offers excellent visibility and access, making it ideal for a drive-thru QSR, convenience retail, or other commercial uses. • ±0.71 acres within Jacksonville city limits • ±140 feet of frontage on N Marine Blvd • Dual access from N Marine Blvd and Barden St • Strong traffic corridor with surrounding retail and services • Utilities available • Value is in the land – ready for redevelopment Zoning – CC (Corridor Commercial) The Corridor Commercial district is intended to accommodate a diverse range of medium- to high-intensity retail, service, and office uses serving the broader community. Permitted uses include shopping centers, convenience stores, retail sales establishments, and heavier commercial uses.

Contact:

Maus, Warwick, Matthews & Company

Property Subtype:

Fast Food

Date on Market:

2026-06-16

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Dollar General (NC)- 7.25% Cap - 4045 Randleman Rd

Greensboro, NC 27406

• Retail Space
• Retail for Sale
• $2,344,579 CAD
• 9,330 SF

Greensboro Retail for Sale

This Dollar General property is located at 4045 Randleman Rd in Greensboro, NC 27406. The property features a 9,002 square foot building on 1.74 acres with an absolute NNN lease that commenced on September 9, 2021 and expires on September 30, 2036. The property is offered at an asking price of $1,650,868 with a 7.25% cap rate and annual rental income of $119,688.

Contact:

Westwood Net Lease Advisors

Date on Market:

2026-06-16

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2818 N Davidson St

Charlotte, NC 28205

• Retail Space
• Office for Sale
• $1,349,200 CAD
• 1,299 SF

Charlotte Office for Sale

Situated in the heart of Charlotte's vibrant NoDa Arts District, 2818 N Davidson Street offers a rare opportunity to acquire a free-standing retail/office property in one of the city’s most desirable urban neighborhoods. The site spans approximately 0.209 acres and includes a ±1,299 SF building with flexible zoning (MUDD-O), allowing a range of retail and office uses by right. With easy access to major corridors like Matheson Avenue, East 36th Street, and North Tryon Street, as well as proximity to the LYNX Blue Line Light Rail, the property delivers exceptional connectivity to Uptown Charlotte and surrounding areas. The property benefits from highly walkable surroundings featuring celebrated local restaurants, breweries, and entertainment venues, ensuring a dynamic consumer base and continuous foot traffic. Offered at $950,000, this asset provides strong potential for long-term value appreciation in one of Charlotte’s fastest-growing districts.

Contact:

Legacy Real Estate Advisors

Property Subtype:

Loft/Creative Space

Date on Market:

2026-06-15

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The Wine Cellar - 130 US 64 E

Cashiers, NC 28717

• Retail Space
• Retail for Sale
• $2,130,315 CAD
• 20,000 SF

Cashiers Retail for Sale

A charming and well-loved wine shop in the heart of Cashiers is now available for purchase. This established business has been a community favorite at the crossroads of Cashiers, NC for 13 years. A true turn-key opportunity, it’s ideal for a wine enthusiast or connoisseur ready to step into ownership. The sale includes building units 3A and 3B, along with an impressive inventory of fine wines. The property features a spacious retail showroom, two half baths, an office, ample storage, parking and central heating and air. Opportunities like this—combining location, longevity, and charm—are rare in Cashiers. Make your appointment to view this today.

Contact:

eXp Realty

Date on Market:

2026-06-15

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117-123 Brawley Ave

Mooresville, NC 28115

• Retail Space
• Retail for Sale
• $987,046 CAD
• 3,700 SF

Mooresville Retail for Sale - Iredell County

This freestanding building is thoughtfully configured into 7 private suites (four upstairs and three downstairs), each with its own kitchenette—ideal for professional users seeking autonomy, convenience, and a polished client-facing environment. The four suites upstairs are fully leased, and two of the suites downstairs have a connecting door.

Contact:

Alberk Empire

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-06-15

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806 S Main St

Louisburg, NC 27549

• Retail Space
• 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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Arby's - 1025 Asheville hwy

Brevard, NC 28712

• Retail Space
• Retail for Sale
• $5,075,831 CAD
• 3,200 SF

Brevard Retail for Sale

Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Arby's in Brevard, NC. We welcome your review of this attractive investment.

Contact:

Berkeley Capital Advisors

Date on Market:

2026-06-15

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Arby's - 703 S Broadway St

Forest City, NC 28043

• Retail Space
• Retail for Sale
• $4,422,534 CAD
• 4,500 SF

Forest City Retail for Sale

Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Arby's in Forest City, NC. We welcome your review of this attractive investment.

Contact:

Berkeley Capital Advisors

Property Subtype:

Fast Food

Date on Market:

2026-06-15

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Sully's Golf & Gather - 2311 Timber Dr

Garner, NC 27529

• Retail Space
• Retail for Sale
• $5,180,926 CAD
• 10,600 SF

Garner Retail for Sale - Southeast Wake County

Al Dickens and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Sully's Golf & Gather in Garner, NC. We welcome your review of this attractive investment.

Contact:

Berkeley Capital Advisors

Property Subtype:

Drug Store

Date on Market:

2026-06-15

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709 Louise Ave

Charlotte, NC 28204

• Retail Space
• Retail for Sale
• $1,406,008 CAD
• 1,600 SF

• Air Conditioning

Charlotte Retail for Sale - Plaza Midwood/NoDa

Ardor Commercial Advisors is pleased to present 709 Louise Avenue, a 1,587-square-foot mixed-use building on a 0.196-acre lot in the heart of Historic Elizabeth — one of Charlotte's oldest, most walkable, and most sought-after urban neighborhoods. Positioned minutes from Uptown, Plaza Midwood, and the Elizabeth dining and retail corridor, the property offers a rare infill opportunity in a submarket where comparable inventory rarely trades. The site's NC (Neighborhood Center) mixed-use zoning gives a buyer genuine optionality — commercial, office, residential, and multifamily uses are permitted by right — making 709 Louise a fit for an owner-occupant, a boutique tenant, or an investor underwriting a redevelopment basis. Pano Tour: https://app.cloudpano.com/tours/_jSSOpGAB

Contact:

Ardor Commercial Advisors

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-06-15

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Dockside Restaurant - 11550 Us-15 501 Hwy

Chapel Hill, NC 27517

• Retail Space
• Retail for Sale
• $4,544,672 CAD
• 9,513 SF

Chapel Hill Retail for Sale - Chatham County

This ±9,513 SF commercial outparcel is offered as a redevelopment or repositioning opportunity within the well-trafficked Cole Park Shopping Center in Chapel Hill, NC. Sited on ±1.07 acres with direct frontage along US Highway 15-501, the property delivers high visibility to approximately 25,500 vehicles daily and benefits from surrounding national and regional retailers including Lowe’s Foods, McDonald’s, CVS, and Ace Hardware. The existing structure is in excellent condition and suitable for continued use as a single-user facility or conversion for multi-tenant occupancy. Utilities include city water, electric, and natural gas, complemented by an Aqua-operated sewer system and an existing grease trap, which can reduce redevelopment costs. With 83 dedicated parking spaces and a reciprocal parking agreement throughout the shopping center, the site supports a wide mix of allowable uses including food service, retail, medical, and service commercial. Demographic growth in the area, along with nearby master-planned communities and strong household incomes, positions this property as a compelling long-term investment.

Contact:

Pickett Sprouse Commercial Real Estate

Property Subtype:

Restaurant

Date on Market:

2026-06-15

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1303 S Sterling

Morganton, NC 28655

• Retail Space
• Retail for Sale
• $339,430 CAD
• 1,207 SF

• Air Conditioning

Morganton Retail for Sale - Burke County

Versatile opportunity in a highly visible Morganton location! Formerly operated as a hair salon, this beautifully updated property offers exceptional flexibility for business, office, wellness, beauty or creative use. Surrounded by professional offices, medical services, restaurants, salons and established businesses, the location provides excellent accessibility just minutes from downtown Morganton, healthcare, shopping, and I-40. Zoned MID (Medium Intensity District) by the City of Morganton, the property may allow for a variety of uses including salon/spa services, professional or medical offices, counseling, wellness, boutique retail, studio space, personal services or live/work potential (buyer to verify intended use with the City of Morganton). The flexible floorplan offers multiple private rooms that could function as offices, treatment rooms, meeting areas, workspaces or client-facing rooms, along with a reception area, break space and washer/dryer connections, and 1.5 bathrooms. Extensive 2026 renovations include a metal roof, HVAC system, siding, windows, flooring, paint, electrical and plumbing updates, kitchen, bath and more, creating a clean, updated space ready for its next chapter. Gravel parking, circular drive and easy access.

Contact:

McCombs & Hoke Real Estate

Date on Market:

2026-06-14

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3110 Garner Rd

Raleigh, NC 27610

• Retail Space
• Retail for Sale
• $2,755,207 CAD
• 8,320 SF

• Air Conditioning

Raleigh Retail for Sale - Southeast Wake County

Maher Commercial Realty presents a premier, fully stabilized single-tenant retail investment opportunity at 3110 Garner Rd in the rapidly expanding Raleigh, North Carolina market. This high-quality, 8,320 SF commercial building occupies an expansive 85,378 SF (1.96-acre) corner lot featuring versatile CX-3 (Commercial Mixed-Use) zoning. Built in 2017 to suit tenant trade-dress specifications, the property is 100% leased to Family Dollar Stores of North Carolina, Inc., backed by an absolute corporate guarantee from Family Dollar Stores, Inc. Offering an investor predictable passive income, an established neighborhood footprint, and zero near-term capital requirements, this net-leased asset delivers immediate stability alongside long-term real estate value. This is a quintessential “sleep-well-at-night” single-tenant investment tailored for a passive investor or a 1031 exchange buyer seeking corporate-backed stability. 3110 Garner Rd removes lease-up and development risk by pairing an internet-resistant corporate retail giant with a massive 1.96-acre corner parcel. Positioned cleanly within Raleigh’s high-growth path, it offers a secure, predictable incoming yield underpinned by substantial land equity and a highly flexible mixed-use zoning profile. 3110 Garner Rd represents a compelling corporate acquisition in the heart of the supply-constrained Wake County retail market. The combination of modern 2017 construction, an ironclad parent company guarantee, and a nearly two-acre footprint provides a low-risk commercial entry point with exceptional long-term appreciation potential. For the private or institutional investor looking to deploy capital into an established, zero-maintenance cash-flow asset within one of North Carolina’s premier growth corridors, this offering delivers immediate stability and timeless real estate value.

Contact:

Maher Commercial Realty

Property Subtype:

Freestanding

Date on Market:

2026-06-12

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

Greensboro, NC 27407

• Retail Space
• 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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The Vitamin Shoppe & Americas Best - 148 Tunnel Rd

Asheville, NC 28805

• Retail Space
• Retail for Sale
• $4,812,036 CAD
• 6,700 SF

Asheville Retail for Sale - Central Asheville

STRATEGIC LOCATION & ACCESSIBILITY: The property is positioned along Tunnel Road (17,500 VPD), Asheville’s primary retail corridors, and sits adjacent to Interstate 240 (52,000 VPD), unlocking broad connectivity throughout the Asheville MSA. The site is a 5-minute drive to downtown Asheville and is surrounded by national retailers including Whole Foods, TJ Maxx, Lowe’s, Best Buy, Walmart, and Asheville Mall, generating continuous consumer traffic the asset directly benefits from. LONG - TERM LEASE STABILITY: The Vitamin Shoppe and Americas Best recently exercised their extension options making the asset 100% leased through 2032. The Vitamin Shoppe has two 5-year option with built-in rent bumps of 10% and Americas best has one 5-year option with a 15% rent bump. A long-term billboard lease through 2033 adds additional income with no expense burden. STRONG, GROWING DEMOGRAPHICS: The trade area supports a dense, affluent population with 97,764 residents within a 5-mile radius. The population within a 5 mile radius grew 6.3% from 2020 to 2025 and is projected to continue expanding. Average household income reaches $107,060 within 5 miles and $101,308 within 3 miles, both comfortably above the national average, underpinning consumer demand for the tenants’ need based offerings.

Contact:

Berkeley Capital Advisors

Property Subtype:

Storefront

Date on Market:

2026-06-12

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167 Patton Ave

Asheville, NC 28801

• Retail Space
• Retail for Sale
• $1,988,294 CAD
• 3,503 SF

• Air Conditioning
• 24 Hour Access

Asheville Retail for Sale - Central Asheville

Position your business in one of Downtown Asheville’s most visible locations. Situated on a signalized corner at the gateway to downtown, 167 Patton Avenue offers outstanding visibility, excellent signage opportunities, and convenient access for customers and employees. This versatile freestanding building features an open floor plan ideal for retail, office, showroom, gallery, and other commercial uses. With CBD zoning, ample parking, flexible space options, and high-traffic exposure, this is a rare opportunity to establish your business in the heart of Downtown Asheville. There is a current lease in place which provides an excellent investment opportunity.

Contact:

Tessier Group

Property Subtype:

Freestanding

Date on Market:

2026-06-11

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1299 Mechanical Dr

Clayton, NC 27520

• Retail Space
• Retail for Sale
• $1,846,273 CAD
• 624 SF

• Air Conditioning
• Wheelchair Accessible
• Smoke Detector

Clayton Retail for Sale - Johnston County

This modern retail property in Clayton, NC offers a tailored opportunity for an entrepreneur or investor ready to leverage the area’s sustained growth. Built just three years ago, the site previously operated as Ziggi’s Coffee, providing an existing build-out that simplifies re-tenanting or repositioning. The property stands adjacent to future development initiatives, including a new intergenerational community facility planned by the Town of Clayton, intended to host wellness programs and senior activities. Future residents from planned apartment communities and the established Cameron Crossing neighborhood will contribute steady local traffic to the site. Located only a few blocks from Clayton Boulevard (Highway 70 Business) and set near Shotwell Road, this asset offers accessibility and visibility within a strong suburban corridor positioned for growth.

Contact:

HTR Commercial Realty

Property Subtype:

Fast Food

Date on Market:

2026-06-11

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Bank of America | Coastal NC - 109 Smith Ave

Shallotte, NC 28470

• Retail Space
• Retail for Sale
• $4,013,655 CAD
• 4,650 SF

Shallotte Retail for Sale - West Brunswick

This single-tenant net lease investment features a Bank of America ground lease at the highly visible intersection of Main Street (US Hwy 17) and Smith Avenue in Shallotte, North Carolina. The property, comprising approximately 1.09 acres, will include a ±4,650-square-foot branch as part of a 15-year absolute NNN lease commencing August 2026, with four 5-year renewal options and 10% rent escalations every five years. Positioned in the heart of Shallotte’s primary retail corridor, the site is an outparcel to Coastal Walk Marketplace, a 176,000-square-foot shopping center anchored by household names including Hobby Lobby, Marshalls, Ross, Bealls, Five Below, and ULTA. Major national retailers such as Walmart and Home Depot are located directly adjacent, reinforcing the location’s status as a regional retail destination. The offering provides a long-term, bond-like income stream with zero landlord responsibilities, backed by Bank of America (NYSE: BAC), an investment-grade tenant. Combining strong lease economics, institutional credit, and a top-tier Southeast location, this asset represents an exceptional low-risk income opportunity in one of the fastest-growing counties in North Carolina.

Contact:

Trinity Partners

Property Subtype:

Bank

Date on Market:

2026-06-10

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Fitness & Tennis Club - 600 S 5th Ave

Mayodan, NC 27027

• Retail Space
• Retail for Sale
• $759,812 CAD
• 17,760 SF

• Air Conditioning
• 24 Hour Access

Mayodan Retail for Sale - Rockingham County

Rare turnkey indoor racquet and fitness facility for sale in the Greensboro–Winston-Salem market. This 17,760 SF specialty recreation property on 2.80 acres conveys as a complete business — real estate, equipment, and member base- offered at $535,000. The 13,200 SF indoor court structure delivers 36-foot clear height, configured for indoor tennis and convertible to 8–10 pickleball courts. An attached 4,560 SF support building houses a full fitness gym, cardio room, spin/group studio, and locker rooms with showers. This is the only indoor tennis and pickleball facility within a 30-minute drive- an irreplaceable structure that is cost-prohibitive to rebuild and shielded from new competition. The operating club has posted three consecutive years of revenue growth, led by surging pickleball demand. Sited in a federal Opportunity Zone, the property offers material tax incentives to investor-buyers. Ideal for fitness operators, racquet/pickleball entrepreneurs, recreation groups, and Opportunity Zone investors. Detailed financials and equipment schedule available to qualified buyers under NDA. Contact DeLille | Field Commercial Real Estate.

Contact:

DeLille | Field Commercial Real Estate

Property Subtype:

Health Club

Date on Market:

2026-06-10

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Wendy's - 949 N Wesleyan Blvd

Rocky Mount, NC 27804

• Retail Space
• Retail for Sale
• $5,769,961 CAD
• 3,138 SF

Rocky Mount Retail for Sale

The Issenberg Britti Group of Surmount are pleased to present for sale this absolute net leased Wendy’s Restaurant with Drive Thru located at 949 North Wesleyan Boulevard in Rocky Mount, North Carolina. The subject property consists of a 3,138 square foot restaurant, with drive up window and ample parking on a large 0.95-acre parcel of land and is strategically located at the signalized intersection of North Wesleyan Boulevard and Sutter’s Creek Boulevard, with a combined daily traffic count exceeding 36,000 vehicles per day. The property benefits from close to more than 58,000 full-time residences with a household income exceeding $74,000 annually. As per Placer.AI this Wendy’s is in the top 9 percent of the Entire Wendy’s Chain and Top 5 percent in the State of North Carolina. There are currently over 9 years remaining on the original 20 Year lease with 10 percent increases every five years, including the four five-year option periods. There are numerous National and Regional retailers in the immediate area including Target, Starbucks, Walmart, Red Lobster, McDonalds, Toyota, Lidl, Golden Corral, Big Lots, Rainbow, Joann, Subway, Verizon and Tractor Supply Co. among others. Wendy’s was founded in 1969 by Dave Thomas in Columbus, Ohio. Dave built his business on the premise “Quality is our Recipe.” Today Wendy’s Company is the world’s third largest quick-service hamburger, and its franchisees employ thousands of people across 7,000 restaurants worldwide and annual revenue exceeds $2.2B. Wendy’s is best known for made-to-order square hamburgers using fresh and never frozen beef, freshly prepared salads, chili, baked potatoes and the Frosty Dessert

Contact:

Surmount

Property Subtype:

Fast Food

Date on Market:

2026-06-09

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360 Ashville Ave - 360 Ashville Ave

Cary, NC 27518

• Retail Space
• 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

• Retail Space
• 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

• Retail Space
• 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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