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3950 Junction Boulevard
Raleigh, NC 27603

$15,938,000 USD

Auto Repair For Sale  •  36,868 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 36,868 SF
  • Lot Size 3.63 AC
  • Year Built 2024
  • Cap Rate 5.85 %
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
43 Walk Score

Highlights

Brand new construction | Fresh 12-year term
Corporate lease | Tesla Motors, Inc. | 45+ collision centers nationwide
Investment grade Credit | Baa3/BBB
Close proximity to North Station and South Station shopping centers | 326,125 SF of retail space combined
Located inside of dense retail corridor | 2.6M SF within a 2-mile radius
Under 10 minutes from Downtown South | New mixed-use development (see page 8 for details)

Property Flyers

Cap Rate: 5.85 %

Amenities

  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Raleigh Union Station (Piedmont - North Carolina by Train (NC Train)) 8 min - 4.3 mi
AirportDriveWalkDistance
Raleigh-Durham International 26 min - 16.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 156
Type: Surface
Included in Rent: Yes
Ransome Foose 704-379-1985 Berkeley Capital Advisors
Ransome Foose 704-379-1985 Berkeley Capital Advisors