12965-12989 Us-70 Hwy, Clayton, NC 27520

9,600 SF | 100% Leased | Retail Building | Clayton, NC 27520 | $2,969,000 ($309/SF) | 6% Cap Rate

Asking Price $2,969,000

Property Type: Retail
Square Feet: 9,600 SF
Price / Square Foot: $309

Listing Contacts

Jim Perricone

Verified Profile

Property Info

Property Overview

This fully leased strip center is located on an outparcel in a retail development along US Hwy 70 Business on the west side of rapidly growing Clayton, NC. US 70 continues to see significant commercial growth from Raleigh to Smithfield. The development is anchored by a Walmart Super Center. Clayton boasts a strong demographic profile, continuing residential growth and along with Johnston County, a strong employer profile with international bio-pharmaceutical companies such as Novo Nordisk and Grifols, and manufacturers like Caterpillar. Despite the growth Clayton continues to retain its small town charm and has a range of outdoor activities and recreation. This prime investment opportunity is part of the expanding Raleigh-Durham region and offers outstanding potential for a Retail/Strip Center investor seeking a chance to tap into a thriving market.

Property Details

Class: B
Year Built: 2006
Stories: 1
Property Subtype: Storefront Retail/Office
Lot Size (sq. ft): 75,359 SF

Highlights

Part of active retail center
Solid and stable tenant mix
Located on US 70 Business for high visibility
All leases are triple net with exception of ATM lease
Priced for an investor seeking a long term stable return

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