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

Located at 5724 Creedmoor Road, this retail property is situated within the established residential and commercial corridor of Northwest Raleigh. The site is positioned near the intersection of Creedmoor Road and Glenwood Avenue, providing proximity to Crabtree Valley Mall and numerous suburban subdivisions. The neighborhood is characterized by a mix of professional offices, community shopping centers, and diverse dining options. Regional accessibility is facilitated by immediate access to Highway 70 and close proximity to the Interstate 440 beltline, connecting the property to the broader Research Triangle area. The building is suited for a variety of neighborhood-scale retail uses, including specialty boutiques, service-oriented businesses, or fitness studios. Given the surrounding demographic profile of stable residential communities and local employment hubs, the location is appropriate for tenants requiring consistent local visibility. Typical tenants would include professional service providers, medical retail, or independent retailers looking to serve the established population base in the Brookhaven and North Hills vicinity.

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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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