6300 Falls of Neuse Rd | Raleigh, NC 27615
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- LoopNet Team
6300 Falls of Neuse Rd
Raleigh, NC 27615
Fifth Third Bank · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long Term Passive Income - 20 year absolute NNN lease provides for truly passive income with excellent 10% rent increases every 5 years
- Top Real Estate Market in the Country - Raleigh is widely regarded as a top real estate market based on investor demand
- Signalized Hard Corner - With exposure to over 61,000 vehicles per day (Falls of Neuse Rd - 36,500 VPD) & (Spring Forest Rd - 26,500 VPD)
- Corporate Guaranty from Thriving Tenant - Fifth Third has been successfully operating since 1908 and has plans to continue expanding in the southeast
- High Income Trade Area - The property is situated within one of Raleigh's wealthiest neighborhoods, North Ridge
- Ease of Access - Two points of ingress/egress from two different roads | 3-lane drive-thru on site
PROPERTY FACTS
Property Type
Retail
Property Subtype
Bank
Building Size
5,574 SF
Building Class
B
Year Built
1979
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.77 AC
Zoning
O&I-1
Parking
25 Spaces (4.49 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 1717.17-21-4382-000 | Improvements Assessment | $1,224,459 |
| Land Assessment | $458,841 | Total Assessment | $1,683,300 |
PROPERTY TAXES
Parcel Number
1717.17-21-4382-000
Land Assessment
$458,841
Improvements Assessment
$1,224,459
Total Assessment
$1,683,300
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