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    982 Adams Point Dr Garner, NC 27529

    Sponsored
    For Lease
    $26 SF/Yr ($17,333 /Mo)

    8,000 SF Retail Building, High Visibility

    Lot size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8,000 square foot retail property in Garner, North Carolina, presents a unique investment opportunity. The building is comprised of five flexible spaces, each offering 1,600 square feet of adaptable space, delivered as a cold dark shell, allowing for complete customization to suit a variety of businesses. Ideal uses include, but are not limited to, coffee shops, restaurants, bars, salons, or physical therapy centers. The property boasts ample parking, ensuring convenient access for customers and employees. Situated on a 0.75-acre lot (APN: 06D01020J), the location provides excellent visibility and accessibility, making it an attractive option for businesses seeking high foot traffic. The zoning is COP. The building is currently entirely vacant, presenting a blank canvas for a new owner or tenant to create their ideal space. Lease rates are $26 per square foot, plus taxes, insurance, and common area maintenance (TICAM). This property is ready for immediate occupancy and offers significant potential for growth and return on investment. The address is 982 Adams Point Dr, Garner, NC 27529.

    Property Features for 982 Adams Point Dr

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,000 SF
    Total Rate
    17333.33

    Unit(s) available at that property

    Space
    5 Flex Spaces - 1,600 SQ.FT., Per Unit
    Size
    8,000 SF
    Rate per SF
    $26

    HighLights

    • 8,000 SF flex/retail space, subdividable into five 1,600 SF units.
    • Excellent location.
    • Suitable for various uses, including food service, personal care, and medical.
    • Abundant on‑site parking.
    • $26/SF NNN lease rate.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Law Firm Restaurant Clothing Store Building Supply Gym & Fitness Auto Repair Shop Wholesale Shop Daycare Center Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Garner
    County
    Wake
    State
    North Carolina
    Longitude
    -78.5776732
    Latitude
    35.5931159

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    FAQs

    What type of property is this?
    Flex space - 8,000 SF Retail Building, High Visibility
    Where is this flex space located?
    The property is located at 982 Adams Point Dr Garner, NC.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: 8,000 SF flex/retail space, subdividable into five 1,600 SF units.; Excellent location.; Suitable for various uses, including food service, personal care, and medical.
    Request Owner's contact information
    982 Adams Point Dr Garner, NC 27529
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    982 Adams Point Dr Garner, NC 27529
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