7541 Creedmoor Rd
Raleigh, NC 27613
5/3rd bank | 5yrs Abs NNN | DriveThru · Retail Property For Sale
Investment Highlights
- 5-Years Remaining on Initial Term | Corporate Guaranteed | Attractive Annual 3% Rental Increase Throughout
- Located at Signalized Hard Corner Intersection | Primary Retail Thoroughfare | Excellent Visibility & Access
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics in 5-Mile Trade Area | High Growth Area
Property Facts
Amenities
- Banking
- Corner Lot
- Signage
- Signalized Intersection
- Drive Thru
About 7541 CREEDMOOR RD , RALEIGH, NC 27613
The Fifth Third Bank is located at the signalized, hard corner intersection of Creedmoor Road and Howard Road with a combined (41,000 VPD) that features a 3-lane drive thru including an ATM, providing ease and convenience for customers. The Fifth Third Bank is well positioned along prominent retail thoroughfare and across from Stonehenge Market that includes national/credit tenants such as Harris Teeter, Walgreens, Stein Mart, Starbucks, Subway, and more. Strong tenant synergy promotes crossover shopping to the subject property. A Forbes Study in 2019 found that the Raleigh MSA was the fourth fastest growing area in the United States with a growth rate of 20.5% since 2010. The 5-mile trade area is supported by a population of over 175,167 with an average household income of $117,957.
Property Taxes
| Parcel Number | 0797.06-48-7713-000 | Improvements Assessment | $1,216,622 |
| Land Assessment | $918,725 | Total Assessment | $2,135,347 |
Property Taxes
