6425 Glenwood Ave Raleigh, NC 27612

This exceptional 2.77-acre commercial property in Northwest Raleigh, located on Glenwood Avenue, presents a compelling investment opportunity. The property boasts two established national tenants, Sherwin-Williams and Pizza Hut, operating under NNN leases with corporate guarantees and terms extending to 2029, with renewal options. Sherwin-Williams has occupied its space for over 40 years, demonstrating long-term tenant stability. The property also includes a 5,160 square foot, six-bay mechanic shop, operating for over 55 years (43 years at this location), with potential for continued operation under new ownership. The shop features ample space and a large parking lot, and its fixtures, furniture, and equipment (FFE) may be available for separate purchase. The property's zoning (IX-3) allows for further development, with vacant land between the existing buildings offering the potential for a new 5,000 square foot structure. This prime commercial corridor offers excellent visibility and convenient access to I-440. The two buildings, constructed in 1980, sit on two parcels (APN: 0786676390 & 0786677550) and comprise a total of 5,160 square feet on one story. The asking price is $6,750,000. This property offers a blend of established income and significant development potential, making it an attractive investment in a high-growth area.