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1408 Garner Station Blvd
Raleigh, NC 27603
Humana Centerwell - Investment Grade Tenant · Retail Property For Sale
Investment Highlights
- Comprehensive Senior Care Model - Medical care tailored to the senior population with an emphasis on proactive and longitudinal care
- An Influx of Affluent Consumers - 2 miles from the proposed $2 Billion “Downtown South” project - 2.1M SF of office, 34,000 residential apartments
- Located at Signalized Hard Corner - Garner Station Boulevard (12,500 ADT) and Fayetteville Road (45,000 ADT), which will help drive maximum patronage
- High Growth Market - 34.10% 1-mile population growth since 2010 | 12.80% 1-mile projected population growth through 2027 | $91,427 average 1-mile HHI
- Major Arterial Thoroughfare - Located at the nexus of I-401 and I-70E, the subject property enjoys a prime location with direct access to downtown
- MedTail Asset Category - The Demand for Medical net-lease retail continues to grow year over year
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
6,556 SF
Building Class
B
Year Built/Renovated
1990/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.84 AC
Zoning
CMX - Financial Building
Parking
40 Spaces (6.25 Spaces per 1,000 SF Leased)
Frontage
78’ on Fayetteville Rd
Amenities
- Pylon Sign
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 1701.06-39-3190-000 | Improvements Assessment | $1,306,480 |
| Land Assessment | $559,827 | Total Assessment | $1,866,307 |
Property Taxes
Parcel Number
1701.06-39-3190-000
Land Assessment
$559,827
Improvements Assessment
$1,306,480
Total Assessment
$1,866,307
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