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5158 Nc-42 Hwy
Garner, NC 27529
Panera Bread · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,460 SF
Building Class
B
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.41 AC
Zoning
COM
Parking
88 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
67’ on Nc-42 Hwy

AMENITIES

  • Pylon Sign
  • Signage

ABOUT 5158 NC-42 HWY , GARNER, NC 27529

The subject investment property is situated on NC Highway 42, which experiences an average daily traffic count of 27,540 vehicles, respectively. Intersecting with NC Highway 42 is Interstate-40, which brings an additional 51,930 vehicles into the immediate area on average daily. There are more than 47,430 individuals residing within a five-mile radius of the property and more than 194,520 individuals within a ten-mile radius. This Panera Bread property is situated in an affluent suburban community with an average household income of over $89,175 within a three-mile radius. This café benefits from being well-positioned in a dense retail corridor consisting of national and local tenants and hospitality accommodations all within close proximity of this property. Major national tenants within the immediate area include: Walmart, Lowe’s, Walgreens, CVS Pharmacy, O’Reilly Auto Parts, Dairy Queen, McDonald’s, Burger King, as well as many others. Accommodations in the immediate area include: Hampton Inn, Holiday Inn Express, Comfort Inn, WoodSpring Suites, Sleep Inn, and more. This Panera Bread benefits from its close proximity to several academic institutions. Most notable is Wake Technical Community College, which has a total enrollment exceeding 69,900 students and is located within a ten-mile radius of the subject café. Raleigh Durham International Airport (RDU), serves over 11,600,000 passengers annually and is located approximately 30 miles from the subject café. Garner, a town in Wake County, is a suburb of Raleigh and is part of the Research Triangle region. The Triangle, is a region in the Piedmont of North Carolina, anchored by the three major research universities of North Carolina State University, Duke University, and University of North Carolina at Chapel Hill, as well as the cities of Raleigh and Durham and the town of Chapel Hill. Garner is located in a region consistently ranked among America’s best places to live, work and earn a quality education. In addition to being known for its hometown character, historic downtown area, top-rated schools and quiet neighborhoods, Garner also offers an excellent climate for new, relocating or expanding businesses. The town was named an All-America City in 2013 because of innovative, citizen-led projects that improve the quality of life and expand educational and cultural opportunities for citizens of all ages. Garner offers world-class performing arts, museums and cultural festivals in next-door Raleigh as well as access to cutting-edge health care, education and technology. Garner is only situated five miles outside the bustling city of Garner, NC.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06D01015S
Land Assessment
$1,103,980
Improvements Assessment
$1,028,170
Total Assessment
$2,132,150
  • Listing ID: 16560348

  • Date on Market: 7/9/2019

  • Last Updated:

  • Address: 5158 Nc-42 Hwy, Garner, NC 27529

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