For Sale
$5,900,000

6425 Glenwood Ave Raleigh, NC 27612

High-yield, multi-tenant Raleigh property.

Overview

Added:
Feb 3
Days on market:
84
This exceptional 2.11-acre mixed-use property at 6425 Glenwood Avenue in Raleigh, NC, presents a compelling investment opportunity. The 13,104 square foot site boasts two established national tenants on NNN leases, extending through 2029 with renewal options, ensuring consistent income. One tenant has occupied the space for over 40 years, demonstrating long-term stability and market viability. A significant component of the property is a 5,000 square foot, six-bay auto repair shop, a community fixture for 44 years, offering ample space and high visibility from Glenwood Avenue. This building presents potential for modernization, repurposing, or continued operation. The property also includes vacant land, ideal for constructing an additional 5,000 square foot building, allowing for expansion or the development of new ventures. An existing easement behind the auto repair shop provides convenient potential vehicle access. The property's prime location in Northwest Raleigh offers excellent visibility and accessibility, making it an attractive investment with significant upside potential for future growth and redevelopment. The asking price is $5,900,000.

Property Details for 6425 Glenwood Ave

Property type
Mixed-use properties
Square Feet
13,104 SF
Year Built
1980
Lot Size (sq. ft)
91,912 SF

Location Insight

City
Raleigh
County
Wake
State
North Carolina
Latitude
35.85768
Longitude
-78.70738

FAQs

What type of property is this?
Mixed-use property - High-yield, multi-tenant Raleigh property.
Where is the mixed-use property located?
The property is located at 6425 Glenwood Ave Raleigh, NC.
What is the asking price?
The asking price for this property is $5,900,000.
How can I contact the broker?
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6425 Glenwood Ave
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