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601 Corporate Center Dr
Raleigh, NC 27607
McDonalds · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
4,048 SF
Building Class
C
Year Built
2010
Building Height
1 Story
Building FAR
0.08
Lot Size
1.17 AC
Zoning
IND-1
Parking
48 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
179’ on Corporate Center Dr

Amenities

  • Drive Thru

About 601 CORPORATE CENTER DR , RALEIGH, NC 27607

Corporate owned and run Mc Donalds on I-40 interstate in Raleigh. The location is right on I-40 interstate and chapel hill road across from SHEETZ, Office Complex and O'Reilly's. Also close by is NC Judicial center and a good density of apartment building and rooftops. The MCD raleigh lease snapshot: 1. Started 11/10/2010 - 72,000 per year 2. 11/10/2015 - now 79,200 per year 3. 11/10/2020 - becomes 87,120 per year 4. 11/10/2025 - becomes 94,752 per year. They have 6 extensions possible - another 30 years. This location believe it or not has become super hot over the last couple of years with lots of new office spaces, roof tops and DriveShack opening up nearby. https://www.newsobserver.com/news/business/article152877659.html Lease is valued based on next years rent bump. Will pay buyer the rent difference of 9k to 10k upon closing.

Property Taxes

Property Taxes

Parcel Number
0774.15-62-8585-000
Land Assessment
$970,194
Improvements Assessment
$1,959,987
Total Assessment
$2,930,181
  • Listing ID: 15281625

  • Date on Market: 2/26/2019

  • Last Updated:

  • Address: 601 Corporate Center Dr, Raleigh, NC 27607

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