3809 Frazier Drive 101 & 103, Raleigh, NC 27610
3000+ sq ft commercial bakery with equipment available.
- Added:
- Jan 13, 2025
- Days on Market:
- 517
- Last Refresh:
- Apr 16 at 3:22 am
Property Features for 3809 Frazier Drive 101 & 103
General Information
- Standard status
- Active
- Size
- 3,086 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1999
Listing agent Paul Kreader License #221947 (919) 637-3963
Listing office Northside Realty Inc. (919) 637-3963
Listing date Jan 13, 2025
Source Exitrealty
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All listing content including descriptions, pricing, images are the copyrighted material of Northside Realty Inc.
HighLights
- Fully‑equipped commercial bakery space (3000+ sq ft) with fixtures included: oven, proofer, cooler, grease trap, triple sink, and double sink.
- Strategic location with easy access to I‑440 beltline and US64E, ideal for distribution.
- Functional layout including shipping department, managing office, break room, mixing prep room, label printing room, and two warehouse storage areas.
- Shipping and receiving facilitated by easy tractor truck access and a secure shipping area.
- Essential infrastructure: 4 HVAC cooling systems and a 50 GPM grease trap.
- Security features: ample parking, exterior security lighting, and a 4‑camera CCTV system.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $88.9k | $28.80 |
| − Vacancy | −$4.4k | −$1.44 |
| EGI | $84.4k | $27.36 |
| − OpEx | −$21.1k | −$6.84 |
| NOI | $63.3k | $20.52 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.5742069
- Latitude
- 35.7973447