70 Neuse River Pky - Retail FOR SALE


Clayton, NC 27527
$2,440,000 USD
844-585-7682
70 Neuse River Pky, Clayton, NC for Sale
$2,440,000 USD
Retail - FOR SALE
1/4
null | 6.15% Cap Rate

70 Neuse River Pky
Clayton, NC 27527


HIGHLIGHTS

  • Brand-New Construction Single-Tenant Strickland Brothers 10-Minute Oil Change; Pad to Food Lion (Top 15% Store in the Chain, Placer.ai)
  • One of the highest volume Strickland Brothers locations in the entire chain (contact broker for more information)
  • Absolute NNN lease with zero landlord responsibilities | 15+ year lease term remaining with four 5-year options
  • Affluent, High-Growth Demographics: AHHI of $150,000+ within a 3-mile radius | 110% population growth within a 3-mile radius (2010-2024)
  • Desirable Raleigh Suburb; Proximity to Major Employers: Considered the #1 place to live in Johnston County and one of the best places to live in NC

OVERVIEW

Absolute NNN 15-Year Lease | Affluent Raleigh Suburb; $150,000+ AHHI | 250+ Systemwide Units Full Corporate Guaranty

FOR SALE DETAILS

PRICE

$2,440,000 USD

PRICE/SF

$1,436 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Strickland Brothers | Clayton, NC

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

-

APN/PARCEL ID

16K05025A

ASK ABOUT THIS PROPERTY

Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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