68 Masonboro Drive

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

68 Masonboro Drive

Garner, NC 27529
Asking Price
$1.45M
Cap Rate
5%
Asset Type
Auto Shop Retail
Class
Class B

What's Special

14 Year Absolute Net GL | Raleigh MSA <p>• New 2025 construction</p><p>• Absolute net ground lease | Zero landlord responsibilities</p><p>• Desirable lease term | 14 years remaining</p><p>• Part of a new construction master plan featuring Wawa and Whataburger</p><p>• Explosive population growth within 1-mile | 132.04% from ’10-‘25</p><p>• Affluent surrounding area | $126,210 average household income within a 3-mile radius</p><p>• 2nd Largest Valvoline franchisee in U.S. | 243 locations across 13 states</p><p>• Located inside of dens

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

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

Location & Travel Times