251 N Main St | Holly Springs, NC 27540
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- LoopNet Team
251 N Main St
Holly Springs, NC 27540
AutoZone | Raleigh, NC · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 20-year net lease to corporate tenant
- Prominent location in an affluent and densely populated part of the Raleigh MSA
- Signalized hard-corner location at the intersection of North Main Street and West Holly Springs Road (29,000 AADT)
- AutoZone is an investment-grade national tenant (NYSE: “AZO”) and has been a Fortune 500 company for the past 21+ years
- Trophy location between U.S. Route 1 and U.S. Route 401, allowing the site to capture significant commuter traffic (combined 75,500 AADT)
- Exceptionally large parcel (2.12 acres)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
11,430 SF
Building Class
B
Year Built/Renovated
2002/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.12 AC
Zoning
VBD
Parking
46 Spaces (4.02 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 0649.16-92-2948-000 | Improvements Assessment | $1,501,644 |
| Land Assessment | $2,078,518 | Total Assessment | $3,580,162 |
PROPERTY TAXES
Parcel Number
0649.16-92-2948-000
Land Assessment
$2,078,518
Improvements Assessment
$1,501,644
Total Assessment
$3,580,162
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