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6425 & 6429 Glenwood Ave
Raleigh, NC Crabtree Valley

$6,000,000 USD

General Retail For Sale  •  13,664 SF

2 Properties View all

Property Details

  • Property Type General Retail
30 Transit Score
40 Walk Score

Highlights

2.70-acre dual-parcel opportunity with flexible purchase options - individual or combined
Parcel A generates strong income with two national NNN tenants producing $234,026 NOI at a 6.16% cap rate, secured through 2029+
Parcel B offers redevelopment upside with a 1.726-acre clear-span building ideal for adaptive reuse (retail, restaurant, brewery, flex/industrial)
Pad-ready site included between parcels for a future 5,000 SF development
Completed survey recombination with rear easement access, enhancing access and long-term value

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Raleigh Union Station (Piedmont - North Carolina by Train (NC Train)) 14 min - 7.4 mi
Cary Station (Piedmont - North Carolina by Train (NC Train)) 17 min - 9.3 mi
AirportDriveWalkDistance
Raleigh-Durham International 14 min - 7.1 mi
Vandan Gandhi, CCIM 919-475-5769 KW Commercial
Vandan Gandhi, CCIM 919-475-5769 KW Commercial