AutoZone

2408 Wake Forest Rd, Raleigh, NC 27608

  • For Sale $2,550,000
  • Property Type Retail - Freestanding
  • Property Size 7,059 SF
  • Units 1
  • Lot Size 0.86 Acre
  • Property Tenancy Single Tenant
  • Year Built 2008
  • Date Updated Feb 17, 2024
Property is located inside the beltline in close proximity to Wegman’s, Costco, Steel Works project, and Downtown Raleigh. Raleigh is located in the Central Region of North Carolina, 168 miles east of Charlotte and roughly 130 miles from the Atlantic Ocean.Lee & Associates, Raleigh-Durham is pleased to offer the opportunity to acquire 2408 WAKE FOREST RD, a 7,059 square foot income producing property in Raleigh, North Carolina. AutoZone leases the entirety of the building with 7,059 SF on 0.86 Acres.

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Attachments

Highlights

  • Single-tenant income producing property
  • 7,059 SF on 0.86 acres
  • Built in 2008
  • Zoning: CX-3
  • Lease Type: NN
  • Tenant: AutoZone
  • Approx. NOI: $140,250
  • Cap Rate: $5.61%
  • Lease expiration: 11/30/28
  • Options: Four (4), 5-year remaining with 6 months' advance notice

Contacts

broker

Jake Plotkin

Lee & Associates

(919) 576-2505

Location

Getting Around

  • Walk Score ®

    52/100 Somewhat Walkable

  • Transit Score ®

    39/100 Some Transit

  • Bike Score ®

    66/100 Bikeable
Powered by Walk Score ®
  • City Raleigh, NC
  • Neighborhood Forest Acres
  • Zip Code 27608
  • Market Raleigh Durham

Points of Interest

  • Raleigh

    2.82 miles

  • Cary

    8.95 miles

  • Costco Gasoline

    0.37 miles

  • BP

    0.39 miles

  • BP

    0.47 miles

  • Valero

    0.51 miles

  • Shell

    0.56 miles

  • Han-Dee Hugo's

    0.64 miles

  • Shell

    1.02 miles

  • BP

    1.32 miles

  • BP

    1.54 miles

  • Shell

    1.71 miles

  • Highwoods Properties: Highwoods Tower Two

    1.08 miles

  • Greenway Parking

    1.13 miles

  • Advanced Auto Parts Tower

    1.67 miles

  • Lot 48

    1.97 miles

  • Lot 48

    1.98 miles

  • Lot 25

    1.99 miles

  • Deck 64

    2.03 miles

  • Lot 3

    2.07 miles

  • Lot 1

    2.09 miles

  • Deck 76

    2.12 miles

  • El Rodeo Mexican Restaurant

    0.03 miles

  • Mami's Latín Style Rotisserie Chicken

    0.06 miles

  • Chido Taco Mercado Style Taqueria

    0.09 miles

  • Bendito

    0.10 miles

  • Biscuitville

    0.10 miles

  • Shuckin' Shack Oyster Bar

    0.10 miles

  • Jersey Mike's Subs

    0.11 miles

  • FRESKO Greek Kitchen

    0.12 miles

  • Arby's

    0.31 miles

  • Jumbo China

    0.33 miles

  • Midtown Olive Oil

    0.57 miles

  • Wegmans

    0.58 miles

  • Trader Joe's

    0.68 miles

  • Ross

    0.71 miles

  • Food Lion

    1.59 miles

  • ALDI

    1.66 miles

  • Wine Authorities

    1.72 miles

  • Harris Teeter

    1.77 miles

  • Target

    1.80 miles

  • Walmart Supercenter

    1.89 miles

Frequently Asked Questions

What is the lease rate for AutoZone?

Rental asking rate at AutoZone is $1,275,000.00/YR.

What is the total square footage of AutoZone?

AutoZone totals 7,059 square feet.

When was this property built?

AutoZone was built in 2008.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Jake Plotkin

Lee & Associates

(919) 576-2505