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New Bern Plaza Portfolio
4401 New Bern Ave, Raleigh, NC 27610
Listing Price: $16,500,000
Cap Rate
7.57%
Gross SF
58,721
Rentable SF
58,721
Price/Gross SF
$280.99
Lot Size
8.44 acres
Year Built
2004
Investment Overview
Marcus & Millichap is pleased to present for sale New Bern Plaza Portfolio located in Raleigh, North Carolina. The portfolio consists of six (6) parcels totaling 8.44 acres.
Investment Highlights
- Retail Portfolio Offering in Raleigh, NC
- Six (6) Parcels Totaling +/- 8.44 Acres
- Four (4) Multi-Tenant Retail + Two (2) Single-Tenant Retail
- Includes Freestanding AutoZone and Starbucks
- Adjacent Walmart Supercenter (Recent Remodel) | Top 5 Walmart in 50-Mile Radius (Placer Ai)
- Attractive Tenant Mix with Retail, Medical, and Restaurants
- Infill Position near I-440 and I-540
- Average Suite Size (Multi-Tenant) : 2,380 Square Feet
Listing Price: $16,500,000
Cap Rate
7.57%
Gross SF
58,721
Rentable SF
58,721
Price/Gross SF
$280.99
Lot Size
8.44 acres
Year Built
2004
Investment Highlights
- Retail Portfolio Offering in Raleigh, NC
- Six (6) Parcels Totaling +/- 8.44 Acres
- Four (4) Multi-Tenant Retail + Two (2) Single-Tenant Retail
- Includes Freestanding AutoZone and Starbucks
- Adjacent Walmart Supercenter (Recent Remodel) | Top 5 Walmart in 50-Mile Radius (Placer Ai)
- Attractive Tenant Mix with Retail, Medical, and Restaurants
- Infill Position near I-440 and I-540
- Average Suite Size (Multi-Tenant) : 2,380 Square Feet
Investment Overview
Marcus & Millichap is pleased to present for sale New Bern Plaza Portfolio located in Raleigh, North Carolina. The portfolio consists of six (6) parcels totaling 8.44 acres.

