6700 & 7022 Capital Boulevard

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6700 & 7022 Capital Boulevard

Raleigh, NC 27616
Asking Price
Contact for price
Asset Type
Land
Class
Class B

What's Special

6700 and 7022 Capital Boulevard are situated along one of Raleigh’s primary commercial corridors in the northeast submarket. This location offers direct frontage on US-1, providing high visibility and proximity to Interstate 540. The surrounding neighborhood is characterized by a mix of regional retail centers, automotive dealerships, and established residential communities. Nearby amenities include Triangle Town Center and numerous national dining and service franchises. The property benefits from multiple access points and significant daily traffic counts common to this transit-oriented district. The sites are suited for commercial development, including retail hubs, automotive facilities, or high-density mixed-use projects. Given the corridor’s existing zoning and infrastructure, the land supports intensive land use required for national tenants or regional service providers. Ideal occupants would include developers seeking to capitalize on North Raleigh’s residential growth or businesses requiring prominent highway exposure for showroom and sales operations. The assembly provides a versatile footprint for large-scale construction in a mature commercial environment.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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