2555 Capitol Dr Creedmoor, NC 27522-7398
- Office buildings
- 19,810 SF
- 1.96 lot acres
Current Use by Public Records
- Office buildings
Property Details for 2555 Capitol Dr
- Year built
- 2000
- Lot size
- 1.96 lot acres
- Property size
- 19,810 SF
- Zone code
- HB CAII
- Property type
- Office buildings
- APN
- 88703217017
- APU
- 88703217017
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Creedmoor
- County
- Granville
- State
- North Carolina
- Longitude
- -78.7199
- Latitude
- 36.143
- CBSA code
- 20500
- CBSA name
- DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
