12965-12989 Us-70 Hwy W - Storefront Retail/Office FOR SALE


Clayton, NC 27520
$2,969,000 USD
919-585-5321
12965-12989 Us-70 Hwy W, Clayton, NC for Sale
$2,969,000 USD
Storefront Retail/Office - FOR SALE
1/11
null | 6% Cap Rate

12965-12989 Us-70 Hwy W
Clayton, NC 27520


HIGHLIGHTS

  • Part of active retail center
  • Solid and stable tenant mix
  • Located on US 70 Business for high visibility
  • All leases are triple net with exception of ATM lease
  • Priced for an investor seeking a long term stable return

OVERVIEW

This fully leased strip center is located on an outparcel in a retail development along US Hwy 70 Business on the west side of rapidly growing Clayton, NC. US 70 continues to see significant commercial growth from Raleigh to Smithfield. The development is anchored by a Walmart Super Center. Clayton boasts a strong demographic profile, continuing residential growth and along with Johnston County, a strong employer profile with international bio-pharmaceutical companies such as Novo Nordisk and Grifols, and manufacturers like Caterpillar. Despite the growth Clayton continues to retain its small town charm and has a range of outdoor activities and recreation. This prime investment opportunity is part of the expanding Raleigh-Durham region and offers outstanding potential for a Retail/Strip Center investor seeking a chance to tap into a thriving market.

FOR SALE DETAILS

PRICE

$2,969,000 USD

PRICE/SF

$309 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

62

LAND DETAILS

CROSS STREETS

Towne Center Blvd

LAND ACRES

1.73 AC

LAND SF

75,359 SF

ZONING

B-3

APN/PARCEL ID

05G02001G,164900-87-8294

ASK ABOUT THIS PROPERTY

Jim PerriconePartners Commercial Realty, LLCMore Info
919-585-5321

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Jim PerriconePartners Commercial Realty, LLCMore Info
919-585-5321

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.