Freestanding TD Bank Ground
407 E Six Forks Rd, Raleigh, NC 27609
Ground-leased TD Bank in Raleigh, NC with attractive rent escalations.
Type:Retail, Special Purpose
Property size:
2,500 SFPrice / SF:
$1,900/SF- Added:
- Feb 17, 2026
- Days on Market:
- 84
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 407 E Six Forks Rd
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- Retail, Special Purpose
Building Details
- Year Built
- 2025
Listing agent Jeffrey Cicurel License #SL3541410
Listing office JLL - Irvine (Orange County), California
Listing date Feb 17, 2026
Source Crexi
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 JLL - Irvine (Orange County), California
HighLights
- Investment‑grade tenant (TD Bank, A+/AA-) on an absolute NNN ground lease with zero landlord responsibilities.
- Attractive 2.5% annual rent escalations throughout the primary term and renewal options.
- Prime location at the intersection of Wake Forest Rd and Six Forks Rd with high traffic volume (51,000+ vehicles per day).
- Below‑market rents provide a future mark‑to‑market opportunity.
- Strong local demographics: nearly $128,000 average household income and 37.8% population growth since 2010 (1‑mile radius).
- Located in a thriving mixed‑use corridor anchored by Costco, near Wegmans (1.5M annual visits) and Holly Park shopping mall (2.5M annual visits).
Overview
The property is a ground-leased, freestanding TD Bank located at 407 E Six Forks Rd, Raleigh, NC. The lessee operates on a 10-year absolute NNN ground lease with zero landlord responsibilities and 2.5% annual rent escalations throughout the primary term and four, five-year renewal options. The property is newly constructed and features a drive-thru format. It occupies a location at the intersection of Wake Forest Rd and Six Forks Rd, with exposure to over 51,000 vehicles per day. The surrounding area benefits from demographics including nearly $128,000 average household income and 37.8% population growth since 2010 within a 1-mile radius. Located in Mid-Town (North Hills) and centrally located within Raleigh, the property sits within a mixed-use corridor anchored by Costco Wholesale with retail, commercial, and residential properties nearby. Across Wake Forest Rd is the most visited Wegmans grocery store in North Carolina with 1.5M annual visits and Holly Park shopping mall with 2.5M annual visits.
Location Intelligence
Current Use by Public Records
Banks
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.6246664
- Latitude
- 35.8204004
Nearby Similar for Sale
FAQs
What type of property is this?
Bank - Ground-leased TD Bank in Raleigh, NC with attractive rent escalations.
Where is this bank located?
The property is located at 407 E Six Forks Rd Raleigh, NC.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: Investment‑grade tenant (TD Bank, A+/AA-) on an absolute NNN ground lease with zero landlord responsibilities.; Attractive 2.5% annual rent escalations throughout the primary term and renewal options.; Prime location at the intersection of Wake Forest Rd and Six Forks Rd with high traffic volume (51,000+ vehicles per day).
