14 Year Absolute Ne

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14 Year Absolute Ne

Garner, NC 27529
Asking Price
$1.45M
Asset Type
Retail
Class
Class B

What's Special

14 Year Absolute Net is situated in Garner, North Carolina, a rapidly growing suburb within the Raleigh-Durham Research Triangle region. The property is located along a high-traffic commercial corridor characterized by a mix of established shopping centers and new residential developments. Immediate amenities include national big-box retailers, diverse dining options, and essential service providers. The site offers convenient transportation access, positioned near the intersection of major thoroughfares and providing proximity to the I-40 interchange, facilitating regional connectivity for commuters and logistics. The asset is designed for high-volume retail operations, featuring a layout optimized for visibility and customer flow. It is well-suited for national credit tenants seeking a long-term presence in a stable, high-growth market. Ideal use cases include general merchandise, pharmacy, or quick-service food ventures that benefit from consistent daily traffic counts. The typical tenant profile includes established corporate entities looking for an absolute net lease structure that minimizes landlord responsibilities while capitalizing on the area's robust demographic profile and steady consumer demand.

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NOI
$80,000
Cap Rate
5.52%
DSCR
0.93
Underwater
Cash-on-Cash
-1.40%
Monthly Payment
$7,173.809
Annual Cash Flow
$-6,085.706

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