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Tesla Collision Center 3950 Junction Boulevard

36,868 SF Retail Building Raleigh, NC 27603 £12,575,082 (£341/SF) 5.85% Net Initial Yield

Investment Highlights

  • Brand new construction | Fresh 12-year term
  • Investment grade Credit | Baa3/BBB
  • Located inside of dense retail corridor | 2.6M SF within a 2-mile radius
  • Corporate lease | Tesla Motors, Inc. | 45+ collision centers nationwide
  • Close proximity to North Station and South Station shopping centers | 326,125 SF of retail space combined
  • Under 10 minutes from Downtown South | New mixed-use development (see page 8 for details)

Executive Summary

Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Tesla Collision Center in Raleigh, NC. We welcome your review of this attractive investment.

Attachments

Tesla Collision Center OM - Raleigh, NC

Property Facts

Sale Type
Investment
Sale Condition
Design & Build
Property Type
Retail
Property Subtype
Auto Repair
Building Size
36,868 SF
Year Built
2024
Price
£12,575,082
Price Per SF
£341
Net Initial Yield
5.85%
NOI
£735,619
Tenancy
Single
Number of Floors
1
Building FAR
0.23
Land Acres
3.63 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial
Parking
156 Spaces (4.23 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Links

1 of 1

Nearby Major Retailers

IGA
Carlie C's IGA
Starbucks
Rent-A-Center
Truist
Golden Krust
Denny's
Woodforest National Bank
Golden Corral
IHOP
(704) 379-1985

  • Listing ID: 32824064

  • Date on Market: 15/08/2024

  • Last Updated:

  • Address: 3950 Junction Boulevard, Raleigh, NC 27603

The Retail Property at 3950 Junction Boulevard, Raleigh, NC 27603 is currently available For Sale. Contact Berkeley Capital Advisors for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

Nearby Listings

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3950 Junction Boulevard, Raleigh, NC for sale Primary Photo- Image 1 of 7
Tesla Cover - Loopnet
3950 Junction Boulevard, Raleigh, NC for sale Building Photo- Image 2 of 7
Aerial 1 - Tesla
3950 Junction Boulevard, Raleigh, NC for sale Building Photo- Image 3 of 7
Aerial 2 - Tesla
3950 Junction Boulevard, Raleigh, NC for sale Building Photo- Image 4 of 7
Building 1 - Tesla
3950 Junction Boulevard, Raleigh, NC for sale Building Photo- Image 5 of 7
Building 2 - Tesla
3950 Junction Boulevard, Raleigh, NC for sale Building Photo- Image 6 of 7
Site Plan

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© 2024 CoStar Group

Tesla Collision Center | 3950 Junction Boulevard
(704) 379-1985 x

Tesla Collision Center | 3950 Junction Boulevard

1/3

Ransome Foose

(704) 379-1985

(704) 379-1985

Carl Brendes

(704) 714-2363

(704) 714-2363

Jake Zapata

(704) 943-3160

(704) 943-3160

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