Triple Net-Leased Commercial
1404 New Bern Avenue, Raleigh, NC 27610
For Sale
$1,300,000
Three units currently function as one, with a tenant in place through 2027 under a triple net lease.
Property Size1,891 SF
Price / SF$687.47
Days on Market192
Property Features for 1404 New Bern Avenue
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
Coast 2 Coast Real Estate Conn
Listed By:
Courtney Elstad · License NC #99891
(760) 696-5575
Source:
Esteemre
Added: May 2
Changed: Nov 7
Last Checked: Nov 9 at 4:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coast 2 Coast Real Estate Conn
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Investment Insights
Based on property information with market context.
This Raleigh commercial property was built in 1963 and is configured as three units, though it currently operates as a single unit. A tenant occupies the property under a triple net lease through 2027.
At 1404 New Bern Avenue, the property is approximately one mile from Downtown Raleigh and sits at a planned stop on the future Raleigh Bus Rapid Transit line. It is also within an Opportunity Zone.
At 1404 New Bern Avenue, the property is approximately one mile from Downtown Raleigh and sits at a planned stop on the future Raleigh Bus Rapid Transit line. It is also within an Opportunity Zone.
Key Highlights
- Three units currently operate as one
- Triple net lease runs through 2027
- Approximately 1 mile from Downtown Raleigh
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
578
Businesses Nearby
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Business Placement
Demographics for 27610, NC
75,164
Population
29,245
Households
2.6
Avg Household Size
34
Median Age
28%
College-Educated
86%
High-School Grad
45.2 sq mi
ZIP Area
1,663
Density / Sq Mi
$66,245
Median Household Income
$37,582
Median Earnings
$1,319
Median Rent
$260,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
NNN property - Three units currently function as one, with a tenant in place through 2027 under a triple net lease.
Where is this nnn property located?
The property is located at 1404 New Bern Avenue Raleigh, NC.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Three units currently operate as one; Triple net lease runs through 2027; Approximately 1 mile from Downtown Raleigh
