Shopping Strip
Glenwood Retail Center
6904 Glenwood Ave, Raleigh, NC 27612
Listing Price: $3,000,000
Cap Rate
7.30%
Gross SF
10,000
Rentable SF
10,000
Price/Gross SF
$300.00
Lot Size
1.07 acres
Year Built
1997
Investment Overview
Marcus & Millichap is pleased to present for sale Glenwood Retail Center located in Raleigh, North Carolina.
Glenwood Retail Center
Investment Highlights
- Multi Tenant Retail in Raleigh, NC | 10,000 Sq Ft | 1.07 Acres
- Three (3) Tenants | 100% Occupied | All NNN Leases
- High-Visibility Monument Signage on Glenwood Ave (Combined Traffic Counts: 58,000 VPD)
- 50 Parking Spaces Allows for Future High-Quality Tenants
- 25% of GLA: No renewal Option With Low Rent
- Recent Capital Improvements: New Roof With 10-Year Warranty Through 2032
- Located in Growth Sector with High Occupancy Region | 95% Occupancy Rate
- Less Than 10-Miles to Downtown Raleigh & Raleigh Durham International Airport (RDU)
Listing Price: $3,000,000
Cap Rate
7.30%
Gross SF
10,000
Rentable SF
10,000
Price/Gross SF
$300.00
Lot Size
1.07 acres
Year Built
1997
Investment Highlights
- Multi Tenant Retail in Raleigh, NC | 10,000 Sq Ft | 1.07 Acres
- Three (3) Tenants | 100% Occupied | All NNN Leases
- High-Visibility Monument Signage on Glenwood Ave (Combined Traffic Counts: 58,000 VPD)
- 50 Parking Spaces Allows for Future High-Quality Tenants
- 25% of GLA: No renewal Option With Low Rent
- Recent Capital Improvements: New Roof With 10-Year Warranty Through 2032
- Located in Growth Sector with High Occupancy Region | 95% Occupancy Rate
- Less Than 10-Miles to Downtown Raleigh & Raleigh Durham International Airport (RDU)
Investment Overview
Marcus & Millichap is pleased to present for sale Glenwood Retail Center located in Raleigh, North Carolina.
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