1061 Corporation Pky - Commercial LAND FOR SALE


Raleigh, NC 27610- Southeast Raleigh45,738 SF
$1,096,000 USD
980-498-3293
1061 Corporation Pky, Raleigh, NC for Sale
$1,096,000 USD
Commercial LAND - FOR SALE
1/8
45,738 SF

1061 Corporation Pky
Raleigh, NC 27610
Southeast Raleigh


HIGHLIGHTS

  • Strategic location in Raleigh's established commercial corridor
  • Institutional-Grade Credit backing

OVERVIEW

INSTITUTIONAL-GRADE CREDIT BACKING - The subject property is leased to GPM Empire LLC (d/b/a Quarles), a wholly owned subsidiary of ARKO Corp. (Nasdaq: ARKO) — one of the top five convenience store operators in the United States. ARKO operates approximately 3,000 locations across 33 states, generates over $8 billion in annual revenue, and maintains publicly audited financials. ABSOLUTE NNN — ZERO LANDLORD RESPONSIBILITIES - The tenant is responsible for all repairs, maintenance, roof, structure, and utilities — delivering a truly passive investment with no management obligations and no capital exposure for the landlord. RECESSION-RESILIENT, ESSENTIAL-USE ASSET CLASS - Fleet fueling is a non-discretionary expense for commercial operators. Quarles' 150+ site cardlock network serves industries that require diesel regardless of economic conditions. STRATEGIC LOCATION IN RALEIGH'S ESTABLISHED COMMERCIAL CORRIDOR - Situated at 1061 Corporation Pkwy within Raleigh's primary commercial and logistics corridor, the property benefits from proximity to Raleigh-Durham International Airport (RDU), as well as Research Triangle Park. ESSENTIAL-USE, RECESSION-RESILIENT ASSET WITH 25+ YEAR OPERATING HISTORY

FOR SALE DETAILS

PRICE

$1,096,000 USD

PRICE/ACRE

$1,043,810/AC

PRICE/SF

$24 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail

LAND ACRES

1.05 AC

LAND SF

45,738 SF

OFFSITE IMPROVEMENTS

-

ZONING

IX-3

APN/PARCEL ID

1724.16-73-7603-000

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.