5300 Homewood Banks Dr - Restaurant FOR SALE


Raleigh, NC 27612- Crabtree Valley
$2,897,000 USD
919-576-2500
5300 Homewood Banks Dr, Raleigh, NC for Sale
$2,897,000 USD
Restaurant - FOR SALE
1/5
null | 6.65% Cap Rate

5300 Homewood Banks Dr
Raleigh, NC 27612
Crabtree Valley


HIGHLIGHTS

  • Walking distance to multifamily and hotels
  • Easy access to Glenwood Ave, I-440, and Creedmoor Rd
  • Located near Crabtree Valley Mall with over 10.4M annual visitors

OVERVIEW

Rare opportunity to own an investment property adjacent to a new mixed-use development! San Marcos Mexican Restaurant is located on 1.54 acres just behind Crabtree Valley Mall. Walking distance to several multi-family developments and hotels, 5300 Homewood offers convenient access to major thoroughfares Glenwood Avenue, I-440, and Creedmoor Road.

FOR SALE DETAILS

PRICE

$2,897,000 USD

PRICE/SF

$376 USD /SF

CAP RATE

6.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former CrabTree Tavern

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

83

LAND DETAILS

CROSS STREETS

Crabtree Valley Av

LAND ACRES

0.41 AC

LAND SF

17,714 SF

ZONING

CX-7

APN/PARCEL ID

0795.06-49-9713-000

ASK ABOUT THIS PROPERTY

Jake PlotkinLee & AssociatesMore Info
919-576-2500

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Jake PlotkinLee & AssociatesMore Info
919-576-2500

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