Call For Offers due March 20, 2026
Portfolio includes two fully leased assets totaling 54,506 rentable square feet on ±2.56 acres, both operating under NNN lease structures.
Year-1 NOI of $552,262 with annual 2 percent rent escalations through lease expiration in 2029.
Single-tenant occupancy by Genuine Parts Company (NYSE: GPC) through the Walker Auto Supply merger, offering strong credit and operational reliability.
Properties consist of retail, warehouse, and flex space with ceiling heights up to 26 feet, modern infrastructure, and on-site parking.
Located in Midtown East, one of Raleigh’s highest-growth retail and residential corridors anchored by major national brands and high-density mixed-use development.
IX-3-PL zoning supports industrial mixed use, including retail and light industrial, with strong future redevelopment potential.
Maps, location visuals, and zoning diagrams included throughout the brochure for investor reference.