8820 Six Forks Rd | Raleigh, NC 27615
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- LoopNet Team
8820 Six Forks Rd
Raleigh, NC 27615
Fifth Third Bank · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long Term Passive Income - 20 year absolute NNN lease provides for truly passive income with excellent 10% rent increases every 5 years
- Top Real Estate Market in the Country - Raleigh is widely regarded as a top real estate market based on investor demand
- Signalized Hard Corner - With exposure to over 45,500 vehicles per day (Six Forks Road - 27,500 VPD) & (Strickland Rd - 18,000 VPD)
- Corporate Guaranty from Investment Grade Tenant - Fifth Third has been successfully operating since 1908 and has plans to continue expanding
- Dense Retail Corridor - 772,000 SF of retail lies within a 0.5 mile radius of the property boasting a 0% vacancy rate
- Ease of Access - Two points of ingress/egress from two different roads | 3-lane drive-thru on site
PROPERTY FACTS
Property Type
Retail
Property Subtype
Bank
Building Size
5,574 SF
Building Class
B
Year Built
1986
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.06 AC
Zoning
GB
Parking
36 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
559’ on Six Forks Road
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