2555 Capitol Dr Creedmoor, NC 27522
For Lease
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This exceptional 21,602 square foot shopping center presents a compelling investment opportunity in the rapidly growing Granville County area of North Carolina. Strategically located off I-85 at Exit 191, this property boasts a prime location with excellent visibility and accessibility. The building, constructed in 2000, comprises ten suites: nine storefront units and one interior unit, currently fully occupied by a diverse tenant mix including a restaurant, laundromat, beauty supply store, cell phone retailer, beauty salon, attorney's office, and real estate agency. The property sits on a 1.95-acre lot with full road frontage on Highway 56, benefiting from a high daily traffic count of 17,500 vehicles on Highway 56 and 32,500 on I-85. Recent improvements include a new roof installed in March 2021 and a resealed and restriped parking lot completed in October 2022. Its convenient location provides easy access to Research Triangle Park (RTP), North Raleigh, Raleigh-Durham International Airport (RDU), and the Virginia/North Carolina state line, ensuring strong tenant demand and potential for future growth. The asking price for this exceptional investment property is $4,250,000. This fully leased shopping center offers a stable income stream and significant upside potential in a thriving market. The property address is 2555 Capitol Drive, Creedmoor, NC 27522.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
HB CAII · Creedmoor, NCCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.