3110 Garner Road, Not Provided, NC 27610

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List Price
$1,888,000
Price Change
▼ $52,000 1784252565
Status
ACTIVE
MLS#
26846813
Year Built
2017
Lot Size
85,378
Acres
1.96
Lot Location
Corner Lot
Days on Market
98
Property Type
Commercial

Property Description

We are pleased to present a premier, fully stabilized single-tenant retail investment opportunity at 3110 Garner Rd in the rapidly expanding Raleigh, North Carolina market. This high-quality, 8,320 SF commercial building occupies an expansive 85,378 SF (1.96-acre) corner lot featuring versatile CX-3 (Commercial Mixed-Use) zoning. Built in 2017 to suit tenant trade-dress specifications, the property is 100% leased to Family Dollar Stores of North Carolina, Inc., backed by an absolute corporate guarantee from Family Dollar Stores, Inc. Offering an investor predictable passive income, an established neighborhood footprint, and zero near-term capital requirements, this net-leased asset delivers immediate stability alongside long-term real estate value. This is a quintessential "sleep-well-at-night" single-tenant investment tailored for a passive investor or a 1031 exchange buyer seeking corporate-backed stability. 3110 Garner Rd removes lease-up and development risk by pairing an internet-resistant corporate retail giant with a massive 1.96-acre corner parcel. Positioned cleanly within Raleigh's high-growth path, it offers a secure, predictable incoming yield underpinned by substantial land equity and a highly flexible mixed-use zoning profile. 3110 Garner Rd represents a compelling corporate acquisition in the heart of the supply-constrained Wake County retail market. The combination of modern 2017 construction, an ironclad parent company guarantee, and a nearly two-acre footprint provides a low-risk commercial entry point with exceptional long-term appreciation potential. For the private or institutional investor looking to deploy capital into an established, zero-maintenance cash-flow asset within one of North Carolina's premier growth corridors, this offering delivers immediate stability and timeless real estate value.

Additional Information

Attached Structure
Detached

Listing courtesy of Listing Agent: Oron Maher (oron@mahercr.com) from Listing Office: Maher Commercial Realty.

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