6425-6429 Glenwood Ave

6425-6429 Glenwood Ave, Raleigh, NC 27612

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Property Information

  • For Sale $6,000,000
  • Property Type Retail
  • Property Size 5,160 SF
  • Lot Size 2.77 Acre
  • Year Built 1980
  • Date Updated Jun 25, 2026

Description

  • Prime Location: 2.77-acre site on high-traffic Glenwood Avenue.
  • Tenant Parcel - $3.8M: Sherwin-Williams & Godfather’s Pizza on NNN leases with approx. $234K NOI (6.16% cap).
  • Mechanic Shop - $3M: 5,000 SF, 6-bay shop with 44-year history; ideal for owner-user or redevelopment.
  • Full Site: Both parcels available together for added value and flexibility.
  • Development Opportunity: Pad-ready space for new 5,000 SF structure.
  • Future Potential: Rear easement allows for added access and redevelopment.

Contacts

Location

Located at 6425-6429 Glenwood Ave, Raleigh, NC 27612, this property is part of the Oak Park neighborhood and Raleigh Durham market.

  • 72/100 Very Walkable
  • 29/100 Some Transit
  • 32/100 Somewhat Bikeable
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