Retail Space - For Sale
3911 New Bern Avenue Raleigh, NC 27610
Details & Description
Price: $726,230
  • Property Type Retail : Shopping Center
  • Lot Size Acres 0.000
  • Building Sq Ft 3,200
  • Building Price per Sq Ft $226.95
  • Land Price per Sq Ft $226.95
Medical tenant in placeCap Rate: 6.5%NNN structureApproximately 2 miles from WakeMed Main Campus, one of Raleigh’s largest hospitals with over 845 bedsLess than 1 mile from I-440Signalized intersection with multiple points of ingress/egressExcellent traffic counts on one of the busiest thoroughfares with over 44,500 VPDSurrounded by national retailers including Wal-Mart, CVS, Starbucks, Food Lion, and others
Listing Agents
Ross Diachenko
Foundry Commercial
O: 919-579-2683
ross.diachenko@foundrycommercial.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

3911 New Bern Avenue

Raleigh, NC 27610

Listing ID: 230005
$726,230
For Sale
  • Property Type Retail : Shopping Center
  • Lot Size Acres 0.000
  • Building Sq Ft 3,200
  • Building Price per Sq Ft $226.95
  • Land Price per Sq Ft $226.95
  • 3911 New Bern Avenue Raleigh, NC 27610 - main image
  • 3911 New Bern Avenue Raleigh, NC 27610 - alt image 2
  • 3911 New Bern Avenue Raleigh, NC 27610 - alt image 3
3911 New Bern Avenue - main image
3911 New Bern Avenue - alt image 2
3911 New Bern Avenue - alt image 3
Description

Medical tenant in place

Cap Rate: 6.5%

NNN structure

Approximately 2 miles from WakeMed Main Campus, one of Raleigh’s largest hospitals with over 845 beds

Less than 1 mile from I-440

Signalized intersection with multiple points of ingress/egress

Excellent traffic counts on one of the busiest thoroughfares with over 44,500 VPD

Surrounded by national retailers including Wal-Mart, CVS, Starbucks, Food Lion, and others

Attachments & Files

Listing Demographics for 3911 New Bern Avenue Raleigh, NC 27610

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population6,22971,285198,078
Population Median Age383736
Population by Age0-9 Yrs554 (8%)8404 (11%)25986 (13%)
10-19 Yrs938 (15%)9768 (13%)25178 (12%)
20-29 Yrs1078 (17%)11225 (15%)32715 (16%)
30-39 Yrs827 (13%)10898 (15%)32522 (16%)
40-49 Yrs883 (14%)10462 (14%)27722 (13%)
50-59 Yrs764 (12%)9006 (12%)23685 (11%)
60-69 Yrs577 (9%)6194 (8%)16925 (8%)
70+ Yrs607 (9%)5328 (7%)13346 (6%)
Median HH Income$65,768$62,495$60,008
Total Household Income< 24K361 (15%)4171 (16%)12716 (16%)
25-49K444 (19%)6114 (23%)18572 (24%)
50-74K548 (23%)5487 (21%)14689 (19%)
75-99K374 (16%)4360 (16%)10847 (14%)
100-199K456 (19%)4802 (18%)14259 (18%)
200K+114 (4%)924 (3%)4322 (5%)
Highest Education LevelNo Diploma406679716438
Diploma or GED11111109427422
Some College7831043126711
Assoc. Degree568440110530
Bachelors Degree10211029833497
Higher Degree408516718408
Total Housing Units2,53928,17382,688
--Owner-Occupied1,29115,20440,017
--Renter-Occupied1,00710,65335,389
Owner-Occupied Values< 100K12413263517
100-199K744877917681
200-299K37035969355
300-399K409303959
400-499K02211954
500K+123523549
Total Working Age Population5,03856,964156,562
In Work Force3,44040,115110,396
Not In Work Force1,59816,84946,166
Workforce Employed3,40138,271104,806
Workforce Unemployed391,8045,469
Civlian Workforce3,44040,075110,275
Military Workforce040121
Total Households2,29725,85775,405
Family Households1,53316,32044,753
Non-Family Households7649,53730,652
Married Couple98510,09928,233
Other Family5496,22116,520
Married w/Child3574,14112,002
Single Male w/Child894801,871
Single Female w/Child2492,9057,513

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
North Carolina8,049,313+189,535,483+1110,630,691+1111,836,070
Franklin County47,260+2860,619+1670,212+1681,204
Johnston County121,965+38168,878+26212,401+27269,736
Wake County627,846+44900,993+231,109,883+201,328,336

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Listing Agent
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