15
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$1,888,000
Est. payment /mo
8,320 SqFt
Price Dropped by $52K
3110 Garner Rd Other, NC 27610
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 8,320 sqft
Price per Sqft $226
MLS Listing ID 26846813
Year Built 2017
Lot Size 1.960 Acres
Property Sub-Type Retail
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.
Location
State NC
County Other
Area Out Of Area (Outside Ca)
Zoning CX-3
Building
Story 1
Others
Special Listing Condition Standard
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Listed by Maher Commercial Realty
NEARBY SCHOOL & BUSINESS
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