3950 Junction Boulevard - Auto Repair FOR SALE
Raleigh, NC 27603 |
$15,938,000 USD
704-379-1985
3950 Junction Boulevard
Raleigh, NC 27603
HIGHLIGHTS
- Brand new construction | Fresh 12-year term
- Corporate lease | Tesla Motors, Inc. | 45+ collision centers nationwide
- Investment grade Credit | Baa3/BBB
- Close proximity to North Station and South Station shopping centers | 326,125 SF of retail space combined
- Located inside of dense retail corridor | 2.6M SF within a 2-mile radius
- Under 10 minutes from Downtown South | New mixed-use development (see page 8 for details)
FOR SALE DETAILS
PRICE
$15,938,000 USD
PRICE/SF
$432 USD /SF
CAP RATE
5.85%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Tesla Collision Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
156
LAND DETAILS
LAND ACRES
3.63 AC
LAND SF
158,123 SF
ZONING
Commercial
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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704-379-1985
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704-379-1985
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