For Sale
$4,250,000

2555 Capitol DrCreedmoor, NC 27522

High-traffic retail center, fully leased.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 21,602 square foot shopping center presents a compelling investment opportunity in the rapidly growing Granville County area of North Carolina. Strategically located off I-85 at Exit 191, this property boasts a prime location with excellent visibility and accessibility. The building, constructed in 2000, comprises ten suites: nine storefront units and one interior unit, currently fully occupied by a diverse tenant mix including a restaurant, laundromat, beauty supply store, cell phone retailer, beauty salon, attorney's office, and real estate agency. The property sits on a 1.95-acre lot with full road frontage on Highway 56, benefiting from a high daily traffic count of 17,500 vehicles on Highway 56 and 32,500 on I-85. Recent improvements include a new roof installed in March 2021 and a resealed and restriped parking lot completed in October 2022. Its convenient location provides easy access to Research Triangle Park (RTP), North Raleigh, Raleigh-Durham International Airport (RDU), and the Virginia/North Carolina state line, ensuring strong tenant demand and potential for future growth. The asking price for this exceptional investment property is $4,250,000. This fully leased shopping center offers a stable income stream and significant upside potential in a thriving market. The property address is 2555 Capitol Drive, Creedmoor, NC 27522.

Highlights

  • 21,602 SF shopping center in Creedmoor, NC.
  • Prime I-85 (Exit 191) location with high visibility and accessibility on Hwy 56.
  • Ten suites (nine storefront, one interior), fully occupied by diverse tenants.
  • 1.95-acre lot with 17,500 VPD on Hwy 56 and 32,500 VPD on I-85.
  • Recent improvements include a new roof (2021) and resealed parking lot (2022).
  • $4,250,000 asking price.

Property Details for 2555 Capitol Dr

Property type
Lifestyle centers, Power centers
Square Feet
21,602 SF
Year Built
2000
Lot Size (sq. ft)
84,942 SF

Location Insight

City
Creedmoor
County
Granville
State
North Carolina
Latitude
36.14276799
Longitude
-78.72035667
2555 Capitol Dr, Creedmoor, North Carolina

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2555 Capitol Dr
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