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6425 Glenwood Ave Raleigh, NC 27612

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For Sale
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Raleigh, NC: 2 National Tenants

Property size:
5,160 SF

Property Features for 6425 Glenwood Ave

General Information

Property type
Restaurants
Square Feet
5,160 SF
Lot Size
120,661 SF

Building Details

Year Built
1980
Buildings
2
Stories
1

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Listing Contact
Vandan Gandhi
Vandan Gandhi

Listing Agency: Keller Williams Elite Realty Listing Agent: Vandan Gandhi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 2.77-acre commercial property in Northwest Raleigh, located on Glenwood Avenue, presents a compelling investment opportunity. The property boasts two established national tenants, Sherwin-Williams and Pizza Hut, operating under NNN leases with corporate guarantees and terms extending to 2029, with renewal options. Sherwin-Williams has occupied its space for over 40 years, demonstrating long-term tenant stability. The property also includes a 5,160 square foot, six-bay mechanic shop, operating for over 55 years (43 years at this location), with potential for continued operation under new ownership. The shop features ample space and a large parking lot, and its fixtures, furniture, and equipment (FFE) may be available for separate purchase. The property's zoning (IX-3) allows for further development, with vacant land between the existing buildings offering the potential for a new 5,000 square foot structure. This prime commercial corridor offers excellent visibility and convenient access to I-440. The two buildings, constructed in 1980, sit on two parcels (APN: 0786676390 & 0786677550) and comprise a total of 5,160 square feet on one story. The asking price is $6,750,000. This property offers a blend of established income and significant development potential, making it an attractive investment in a high-growth area.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Triangle Car Care Auto Repair Shop

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Raleigh
County
Wake
State
North Carolina
Longitude
-78.7073855
Latitude
35.8577021

FAQs

What type of property is this?
Restaurant - Raleigh, NC: 2 National Tenants
Where is this restaurant located?
The property is located at 6425 Glenwood Ave Raleigh, NC.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: Prime 2.77-acre commercial lot in Northwest Raleigh on Glenwood Avenue.; NNN-leased to Sherwin-Williams and Pizza Hut with corporate guarantees, extending to 2029 with options.; High-visibility location with excellent I-440 access.
(919) 475-5769 Call to check price and availability
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