Meineke Eight-Bay Auto
For Sale
Contact for pricing
640 N Main St, Holly Springs, NC 27540
Brick automotive service building with an absolute NNN lease and established operating history.
Property Size4,965 SF
Lot Size1.31 Acres
Days on Market141
Property Features for 640 N Main St
General Information
Standard status
Active
Size
4,965 SF
Lot size
1.31 Acres
Property subtype
Retail
Additional Details
Service Bays
8
Amenities
manicured landscaping
Building Details
Year Built
2018
Buildings
1
Construction
brick
Tenancy
Single
Listing Agency:
Marcus & Millichap - Raleigh
(336) 217-7970
Listed By:
Donald Gilchrist · License #NC 241055
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 31 at 1:53AM
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 Marcus & Millichap - Raleigh
Investment Insights
Based on property information with market context.
This Meineke automotive service property includes a 4,965-square-foot building configured with eight service bays. Completed in 2018, the facility features an all-brick exterior and manicured landscaping, and has operated as a Meineke location since construction.
The investment is subject to an absolute NNN lease with a 15-year term and 2% annual rent increases. The lease structure assigns no landlord responsibilities, and the obligation is secured by both the operating entity and a personal guarantee. Lease documentation is provided at close of escrow.
The investment is subject to an absolute NNN lease with a 15-year term and 2% annual rent increases. The lease structure assigns no landlord responsibilities, and the obligation is secured by both the operating entity and a personal guarantee. Lease documentation is provided at close of escrow.
Key Highlights
- 4,965 square feet of automotive service space
- Eight‑bay auto service building
- Built in 2018 and operating as a Meineke since 2018
Property Analytics
Property Profile
Current Use
Lease Details
8
Service bays
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
289
Businesses Nearby
67k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 40%
Shops & Services 30%
Dining 25%
Home Improvements & Furnishings 5%
Food Lion Grocery Store
Groceries
26,503 visits/mo
0.3 miles
SONIC Drive In
Dining
15,003 visits/mo
0.1 miles
Valero Energy
Shops & Services
10,743 visits/mo
0.2 miles
Holly Springs Ace Hardware
Home Improvements & Furnishings
3,548 visits/mo
0.3 miles
Advance Auto Parts
Shops & Services
2,672 visits/mo
0.0 miles
Demographics for 27540, NC
44,302
Population
16,400
Households
2.7
Avg Household Size
35
Median Age
65%
College-Educated
95%
High-School Grad
48.0 sq mi
ZIP Area
923
Density / Sq Mi
$125,681
Median Household Income
$69,266
Median Earnings
$1,718
Median Rent
$474,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- 919 Power Sports — 916 W Holly Springs Rd, Holly Springs, NC 27540
- Gerber Collision & Glass — 801 N Main St, Holly Springs, NC 27540
- Fast Lube Plus — 928 N Main St, Holly Springs, NC 27540
- Castrol — 928 N Main St, Holly Springs, NC 27540
- Meineke Car Care Center — 640 N Main St, Holly Springs, NC 27540
Frequently Asked Questions
What type of property is this?
Auto shop - Brick automotive service building with an absolute NNN lease and established operating history.
Where is this auto shop located?
The property is located at 640 N Main St Holly Springs, NC.
What are key features of this property?
This property features: 4,965 square feet of automotive service space; Eight‑bay auto service building; Built in 2018 and operating as a Meineke since 2018
