List Search

2821 Capital Blvd
Raleigh, NC 27604 Brentwood

$4,049,035 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 6.25 %
  • Tenancy Single
  • Zoning NB
30 Transit Score
50 Walk Score

Highlights

?Gerber Collision & Glass is the nation’s 2nd-leading collision repair company with 850+ locations across the U.S. and an annual revenue of $3.1B.
?This property is situated on Capital Boulevard in Raleigh, seeing over 68,849 VPD.
?The property is ~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, showing a long-term commitment to the property, with 3 x 5 options left.
Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Gerber Collision & Glass 17,835 SF 8/31/2036

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Raleigh Union Station (Carolinian - Amtrak, Floridian - Amtrak, Piedmont - Amtrak) 9 min - 4.7 mi
AirportDriveWalkDistance
Raleigh-Durham International 25 min - 16.7 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