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2821 Capital Blvd
Raleigh, NC 27604 Brentwood

$4,148,600 USD

Auto Repair For Sale  •  17,835 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 17,835 SF
  • Lot Size 2.24 AC
  • Building Class C
  • Year Built 1965
  • Cap Rate 6.10 %
  • Tenancy Single
  • Zoning NB
41 Transit Score
56 Walk Score

Highlights

Gerber Collision & Glass is the nation’s 2nd leading collision repair company with 850+ locations across the U.S.
This property is situated on Capital Blvd in Raleigh, seeing over 68,849 vehicles per day (VPD).
The property is approximately 3.5 miles from downtown and located just one lot over from an Exxon gas station on a signalized hard corner.
According to a CNBC study, North Carolina ranks #1 in America’s top states for business.
Raleigh is the 2nd largest metro in the state. Since 2020, the Raleigh–Cary metro area has grown by 10.2% to 1.6 million people (Axios–Raleigh).
Gerber Collision & Glass (Tru2Form) has operated at this location since 1998 & is currently in its 4th option period.
Cap Rate: 6.10 %

Major Tenants

Tenant SF Occupied Lease End Date
Gerber Collision & Glass 17,835 SF 7/31/2028

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Raleigh Union Station (Piedmont - North Carolina by Train (NC Train)) 10 min - 4.8 mi
AirportDriveWalkDistance
Raleigh-Durham International 25 min - 14.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 45
Type: Surface
Included in Rent: Yes
Clayton Coassin 704-498-8902 Sands Investment Group, NC
Clayton Coassin 704-498-8902 Sands Investment Group, NC