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Strickland Brothers | Clayton, NC 70 Neuse River Pky

1,699 SF Retail Building Clayton, NC 27527 $3,452,185 CAD ($2,032 CAD/SF) 6.15% Cap Rate

Retail Space North Carolina Clayton 70 Neuse River Pky, Clayton, NC 27527

Investment Highlights

  • Brand-New Construction Single-Tenant Strickland Brothers 10-Minute Oil Change; Pad to Food Lion (Top 15% Store in the Chain, Placer.ai)
  • Absolute NNN lease with zero landlord responsibilities | 15+ year lease term remaining with four 5-year options
  • Desirable Raleigh Suburb; Proximity to Major Employers: Considered the #1 place to live in Johnston County and one of the best places to live in NC
  • One of the highest volume Strickland Brothers locations in the entire chain (contact broker for more information)
  • Affluent, High-Growth Demographics: AHHI of $150,000+ within a 3-mile radius | 110% population growth within a 3-mile radius (2010-2024)

Executive Summary

Absolute NNN 15-Year Lease | Affluent Raleigh Suburb; $150,000+ AHHI | 250+ Systemwide Units Full Corporate Guaranty

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
1,699 SF
Building Class
C
Year Built
2023
Price
$3,452,185 CAD
Price Per SF
$2,032 CAD
Cap Rate
6.15%
NOI
$212,212 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.06 AC
Parking
9 Spaces (3.6 Spaces per 1,000 SF Leased)
Frontage
276 ft on Neuse River Pkwy

Amenities

  • Signage

Links

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70 Neuse River Pky, Clayton, NC - aerial map view - Image1
70 Neuse River Pky, Clayton, NC - aerial map view - Image2

Nearby Major Retailers

The Tavern
Anytime Fitness
Food Lion

PROPERTY TAXES

Parcel Number 16K05025A Improvements Assessment $366,361 CAD
Land Assessment $321,983 CAD Total Assessment $688,343 CAD

PROPERTY TAXES

Parcel Number
16K05025A
Land Assessment
$321,983 CAD
Improvements Assessment
$366,361 CAD
Total Assessment
$688,343 CAD
(949) 585-7606

Contacts

  • Listing ID: 33861884

  • Date on Market: 2024-11-13

  • Last Updated:

  • Address: 70 Neuse River Pky, Clayton, NC 27527

The Retail Property at 70 Neuse River Pky, Clayton, NC 27527 is currently available for sale. Contact Hanley Investment Group for more information.

Nearby Listings

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70 Neuse River Pky, Clayton, NC for sale Building Photo- Image 1 of 5
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70 Neuse River Pky, Clayton, NC for sale Site Plan- Image 2 of 5
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70 Neuse River Pky, Clayton, NC for sale Aerial- Image 3 of 5
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70 Neuse River Pky, Clayton, NC for sale Aerial- Image 4 of 5
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Strickland Brothers | Clayton, NC | 70 Neuse River Pky
(949) 585-7606 x

Strickland Brothers | Clayton, NC | 70 Neuse River Pky

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Heidi Mayeda

(949) 585-7606

(949) 585-7606

Jeff Lefko

(844) 585-7682

(844) 585-7682

Bill Asher

(844) 585-7684

(844) 585-7684

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