5724 Creedmoor Rd

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5724 Creedmoor Rd

Raleigh, NC 27612
Asking Price
$500K
Asset Type
Retail
Class
Class B

What's Special

5724 Creedmoor Road is located in the vibrant Northwest Raleigh submarket, situated near the high-traffic intersection of Creedmoor and Millbrook Roads. The site is surrounded by established residential neighborhoods and mature landscaping, characteristic of the city’s affluent suburban corridors. The property offers convenient access to major transit arteries, including the Raleigh Beltline (I-440) and Glenwood Avenue. Immediate neighbors include the Stonehenge Market and Celebration at Six Forks shopping centers, providing proximity to various national grocery chains, banks, and dining amenities. The asset is well-suited for service-oriented retail, neighborhood-scale boutiques, or boutique fitness studios. The surrounding demographic profile, featuring a high density of professional households, supports businesses focused on convenience and lifestyle services. Typical tenants for this location include medical-retail hybrids, specialty cafes, or insurance and financial storefronts. The site’s visibility along a primary commuter route makes it an ideal choice for retailers seeking a stable presence within a mature, high-income trade area.

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NOI
$80,000
Cap Rate
16.00%
DSCR
2.69
Strong
Cash-on-Cash
33.54%
Monthly Payment
$2,473.727
Annual Cash Flow
$50,315.274

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