6020 taylor rd - Retail FOR SALE


Wendell, NC 27591- Wendell Falls
$1,695,000 USD
980-498-3293
6020 taylor rd, Wendell, NC for Sale
$1,695,000 USD
Retail - FOR SALE
1/5
null | 4.5% Cap Rate

6020 taylor rd
Wendell, NC 27591
Wendell Falls


HIGHLIGHTS

  • NEW 20-YEAR ABSOLUTE NNN GROUND LEASE
  • INVESTMENT-GRADE CORPORATE TENANT
  • RECESSION-RESISTANT RETAIL SEGMENT

OVERVIEW

NEW 20-YEAR ABSOLUTE NNN GROUND LEASE - Brand-new 2026 construction secured by a 20-year absolute NNN ground lease with zero landlord responsibilities, providing investors with long-term passive income and minimal management INVESTMENT-GRADE CORPORATE TENANT - Leased to AutoZone, Inc. (NYSE: AZO), one of the nation’s leading automotive parts retailers with more than 7,000 locations and investment-grade credit ratings (BBB S&P) - The corporate lease structure provides strong credit backing and durable income LOCATED WITHIN WENDELL FALLS MASTER-PLANNED COMMUNITY - The property is positioned within Wendell Falls, one of the Triangle’s largest master-planned communities with more than 4,000 planned homes and over 2 million square feet of planned commercial space driving sustained population growth and retail demand RECESSION-RESISTANT RETAIL SEGMENT - Auto parts retailers historically perform well during economic downturns as consumers defer vehicle replacement and invest in maintenance and repair, creating consistent demand for automotive parts and services EXPLOSIVE GROWTH IN ONE OF AMERICA’S FASTESTGROWING COUNTIES - Wake County consistently ranks among the fastest-growing counties in the United States, adding approximately 60 new residents per day and benefiting from the economic drivers of the Raleigh-Durham Research Triangle POSITIONED AT TREELIGHT SQUARE RETAIL HUB - Located at the entrance to Treelight Square, the primary retail destination serving Wendell Falls, anchored by Publix and surrounded by national retailers including Starbucks, McDonald’s, Chipotle, Culver’s, Chickfil-A (coming soon), and Fifth Third Bank

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$226 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AutoZone

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Auto Repair, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.29 AC

LAND SF

56,192 SF

ZONING

-

APN/PARCEL ID

1763.02-87-7940-000

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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