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3640 Bastion Ln 21,650 SF Retail Building Raleigh, NC 27604 $4,200,000 ($194.00/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Located off I-440 and US-64/New Bern Avenue with 103,000 AADT
- IND-1 zoning allows for flexible commercial uses
- Surrounded by strong demographics and major institutions
- Includes six former theater spaces and second-floor offices
- 2.61-acre site with 121 dedicated parking spaces
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Atrium
- Bus Line
- Conferencing Facility
- Freeway Visibility
- Signage
- Air Conditioning
- Balcony
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
3640 Bastion Lane presents a unique leasing opportunity for tenants seeking a dynamic space with character and functionality. The building’s layout includes six former theater halls, ideal for performance, worship, or assembly uses, alongside a second-floor office suite that can accommodate administrative or creative teams. With IND-1 zoning, the site supports a broad range of commercial activities.
3640 Bastion Lane presents a unique leasing opportunity for tenants seeking a dynamic space with character and functionality. The building’s layout includes six former theater halls, ideal for performance, worship, or assembly uses, alongside a second-floor office suite that can accommodate administrative or creative teams. With IND-1 zoning, the site supports a broad range of commercial activities.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 10,825 SF | Retail | - | Now |
| 2nd Floor | 10,825 SF | Retail | - | Now |
1st Floor
| Size |
| 10,825 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 10,825 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 10,825 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
3640 Bastion Lane presents a unique leasing opportunity for tenants seeking a dynamic space with character and functionality. The building’s layout includes six former theater halls, ideal for performance, worship, or assembly uses, alongside a second-floor office suite that can accommodate administrative or creative teams. With IND-1 zoning, the site supports a broad range of commercial activities.
2nd Floor
| Size | 10,825 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
3640 Bastion Lane presents a unique leasing opportunity for tenants seeking a dynamic space with character and functionality. The building’s layout includes six former theater halls, ideal for performance, worship, or assembly uses, alongside a second-floor office suite that can accommodate administrative or creative teams. With IND-1 zoning, the site supports a broad range of commercial activities.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1724.10-46-1030-000 | Improvements Assessment | $1,604,607 |
| Land Assessment | $525,257 | Total Assessment | $2,129,864 |
PROPERTY TAXES
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3640 Bastion Ln
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