68 Masonboro dr - Retail FOR SALE


Garner, NC 27529
$1,450,000 USD
704-714-2363
68 Masonboro dr, Garner, NC for Sale
$1,450,000 USD
Retail - FOR SALE
1/7
null | 5% Cap Rate

68 Masonboro dr
Garner, NC 27529


HIGHLIGHTS

  • New 2025 construction | Absolute net ground lease | Zero landlord responsibilities
  • Desirable lease term | 14 years remaining
  • Part of a new construction master plan featuring Wawa and Whataburger
  • Explosive population growth within 1-mile | 132.04% from ’10-‘25
  • Affluent surrounding area | $126,210 average household income within a 3-mile radius
  • 2nd Largest Valvoline franchisee in U.S. | 243 locations across 13 states

OVERVIEW

Carl Brendes and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Valvoline Ground Lease in Garner, NC. We welcome your review of this attractive investment.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$580 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valvoline | Ground Lease

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

Commercial

APN/PARCEL ID

06D01008D

ASK ABOUT THIS PROPERTY

Carl BrendesBerkeley Capital AdvisorsMore Info
704-714-2363

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

Carl BrendesBerkeley Capital AdvisorsMore Info
704-714-2363

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