2821 Capital Blvd

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2821 Capital Blvd

Raleigh, NC 27604
Asking Price
$4.15M
Asset Type
Retail
Class
Class B

What's Special

Located at 2821 Capital Blvd in Raleigh, North Carolina, this retail property sits along one of the city's primary commercial corridors. The neighborhood is characterized by a high concentration of automotive dealerships, shopping centers, and national chain restaurants. The site offers direct frontage on US-1, providing significant visibility and accessibility for North Raleigh commuters. Public transportation is available via GoRaleigh bus routes serving the immediate area, and the property is situated less than two miles from the I-440 Beltline interchange, connecting it to the broader Research Triangle region. The building is suited for a variety of retail or service-oriented use cases, including specialty showrooms, automotive services, or hardware and equipment sales. Given the high daily traffic counts and established commercial zoning, typical tenants or owner-users often include regional distributors, franchise retailers, or trade professionals requiring a mix of storefront visibility and functional floor space. The layout supports businesses that benefit from being part of a mature retail cluster with a steady flow of vehicular customers.

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NOI
$80,000
Cap Rate
1.93%
DSCR
0.32
Underwater
Cash-on-Cash
-13.36%
Monthly Payment
$20,525.009
Annual Cash Flow
$-166,300.111

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