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2173 Will Suitt Rd
Creedmoor, NC 27522

$1,900,000 USD

Light Distribution For Sale  •  16,800 SF

Property Details

  • Property Type Light Distribution
  • Total Building Size 16,920 SF
  • Lot Size 4.28 AC
  • Building Class B
  • Year Built 2005
  • Cap Rate 6.28 %
  • Tenancy Multiple
  • Zoning Highway Business
20 Walk Score

Highlights

16,920 SF multi-tenant flex/retail on 4.18 acres
78% occupied with value-add lease-up potential
CBD zoning with access to US-15 & I-85, minutes to Durham & Raleigh

Property Flyers

Financial Summary (Actual)

Net Operating Income: $133,987 USD (2024)
Cap Rate: 6.28 %
Total Expenses: $20,722 USD

Major Tenants

Tenant SF Occupied Lease End Date
Fastenal 12/2/2027
Mahmood Auto 9/2/2027
Oodles Of Poodles 4/3/2028
S & S Towing 9/2/2030
Southern Rock 8/2/2026
White Glove 12/1/2028
Williams Heating

Public Transportation

AirportDriveWalkDistance
Raleigh-Durham International 37 min - 25.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Covered
Included in Rent: Yes
Jose Cruz 984-239-8452 Century 21 Commercial Triangle Group
Jose Cruz 984-239-8452 Century 21 Commercial Triangle Group