83rd Percentile Nationwide Per Place

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83rd Percentile Nationwide Per Place

Garner, NC 27529
Asking Price
$4.90M
Asset Type
Retail
Class
Class B

What's Special

Located at a high-performing site within the 83rd percentile nationwide for foot traffic according to Placer.ai data, this retail asset situated in Garner, North Carolina, benefits from a high-growth suburban environment. The property is positioned within a primary commercial corridor characterized by a dense mix of national big-box retailers, essential service providers, and diverse dining options. It offers convenient accessibility via major regional thoroughfares, including U.S. Route 70 and Interstate 40, ensuring steady connectivity for commuters from the surrounding Raleigh-Durham metropolitan area. The property is well-suited for high-volume retail operators, grocery anchors, or regional showrooms that require significant consumer exposure and proven draw. Typical tenant profiles include established national brands, financial institutions, or health and wellness providers seeking to leverage the location’s existing visitor density. Given the site's competitive placement and local demographics, the space is ideal for businesses prioritizing high visibility and a stable, recurring customer base within a mature retail trade area.

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NOI
$80,000
Cap Rate
1.63%
DSCR
0.27
Underwater
Cash-on-Cash
-14.35%
Monthly Payment
$24,242.526
Annual Cash Flow
$-210,910.318

Location & Travel Times