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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

Exclusively Listed By

Financing By

Shopping Community

New Bern Plaza Portfolio

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.

Exclusively Listed By

Financing By

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