615 Oberlin Rd | Raleigh, NC 27605
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615 Oberlin Rd
Raleigh, NC 27605
Fifth Third Bank | New 20yr Corp Abs NNN Grd · Retail Property For Sale
Investment Highlights
- Brand New 20-Year Lease | Investment Grade Tenant (S&P: A-) | Scheduled Rental Increases
- Drive-Thru ATM Equipped | New Construction
- Situated Along Oberlin Rd. (19,000 VPD) | Wade Ave (54,000 VPD) | Excellent Visibility & Access
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Dense Retail Corridor | Shops at Village District (599,000 SF) | North Carolina State University (37,000 students)
- Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,775 SF
Building Class
C
Year Built
2023
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
0.84 AC
Zoning
OX-3
Parking
46 Spaces (16.58 Spaces per 1,000 SF Leased)
Frontage
117’ on Oberlin Road
Amenities
- Banking
- Signage
- Drive Thru
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,483,728 | |
| Land Assessment | $1,815,765 | Total Assessment | $3,299,493 |
Property Taxes
Parcel Numbers
Land Assessment
$1,815,765
Improvements Assessment
$1,483,728
Total Assessment
$3,299,493
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