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106 W Horton St

5,276 SF 100% Leased Retail Building Zebulon, NC 27597 $899,000 ($170/SF) 7.33% Cap Rate

Executive Summary

4 Suites - Fully Leased - Each 1,184 square feet
Prime Location: Within 25 minutes of Downtown Raleigh and Research Triangle Park, just off US-64/264
Versatile Space: 2-story building with 4 mixed-use retail/office spaces featuring excellent frontage and visibility
High Traffic Area: Situated in a high-traffic zone, ensuring maximum exposure for businesses
Proximity to Major Employers: Close to GlaxoSmithKline, Walmart Super Center, Siemens Energy, and US Food

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,276 SF
Building Class
C
Year Built/Renovated
1914/2002
Price
$899,000
Price Per SF
$170
Cap Rate
7.33%
NOI
$65,897
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.61
Lot Size
0.20 AC
Zoning
CX
Parking
14 Spaces (2.65 Spaces per 1,000 SF Leased)
Frontage
52 FT on Horton St

Amenities

  • Signage

Nearby Major Retailers

Tobacco Barn
PNC Bank
Compare Foods
United Community Bank
Sunbelt Rentals
Food Lion
First Citizens Bank
Smithfield's Chicken & BBQ
Woodforest National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 2705.14-34-4803-000
  • 2705.14-34-3739-000
Land Assessment
$99,637
Improvements Assessment
$461,690
Total Assessment
$561,327
  • Listing ID: 32375885

  • Date on Market: 7/8/2024

  • Last Updated:

  • Address: 106 W Horton St, Zebulon, NC 27597

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