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Listed by D-3 Realty Group
$ 3,000,000
Est. payment | /mo
3,400 SqFt
$ 3,000,000
Est. payment | /mo
3,400 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,400 sqft
Price per Sqft $882
MLS Listing ID 10174434
HOA Y/N No
Year Built 2010
Annual Tax Amount $13,418
Lot Size 3,400 Sqft
Acres 0.78
Property Sub-Type Retail
Source Doorify MLS
Land Area 3400
Property Description
Please see the details below regarding a premier income-producing commercial property available for sale or lease at 1155 Timber Drive E, Garner, NC. Located in the heart of Garner near the White Oak Shopping Center, this site offers high visibility in a high-growth area with strong retail anchors. Investment & Pricing Options - Purchase Price: $3,000,000 for the entire building, including immediate rental income from Unit 102. - Unit 101 Lease Rate: $9,200/month + TICAM (NNN Lease). Space size is 2,765 sq. ft. Property Composition - Unit 101 (Available): Turnkey 2nd-generation restaurant space with a fully built-out kitchen infrastructure, including a walk-in freezer and refrigerator. - Unit 102 (Occupied): Features an active tenant providing stable, immediate cash flow for a purchaser. Lease Terms (Unit 101) The owner is offering two 5-year renewal options with a 5% graduated annual increase. Financing Seller financing is available. The owner is open to considering flexible structures for qualified buyers. Please contact us directly to discuss terms and down payment requirements. Location & Access The building is located in front of the movie theater on Timber Drive East. From I-40 East, take the US-70 West exit, turn left onto White Oak Rd, and then left onto Timber Drive East. Complete floor plans, structural dimensions, and lease details for Unit 102 are available upon request for serious purchase inquiries. Please contact the listing team today to schedule a walkthrough or to request the full documentation package
Location
State NC
County Wake
Area 0.78
Zoning CMX
Interior
Fireplace No
Exterior
Garage No
Building
New Construction No
Others
Tax ID 172011555998000 0375996
Acceptable Financing Cash, Other, Private Financing Available
Listing Terms Cash, Other, Private Financing Available
Schools and Properties Nearby
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