1155 Timber Drive E 101,Garner, NC 27529
Garner, NC 27529
Description
Please see the details below regarding a premier income-producing commercial property available for sale or lease at 1155 Timber Drive E, Garner, NC. Located in the heart of Garner near the White Oak Shopping Center, this site offers high visibility in a high-growth area with strong retail anchors. Investment & Pricing Options - Purchase Price: $3,000,000 for the entire building, including immediate rental income from Unit 102. - Unit 101 Lease Rate: $9,200/month + TICAM (NNN Lease). Space size is 2,765 sq. ft. Property Composition - Unit 101 (Available): Turnkey 2nd-generation restaurant space with a fully built-out kitchen infrastructure, including a walk-in freezer and refrigerator. - Unit 102 (Occupied): Features an active tenant providing stable, immediate cash flow for a purchaser. Lease Terms (Unit 101) The owner is offering two 5-year renewal options with a 5% graduated annual increase. Financing Seller financing is available. The owner is open to considering flexible structures for qualified buyers. Please contact us directly to discuss terms and down payment requirements. Location & Access The building is located in front of the movie theater on Timber Drive East. From I-40 East, take the US-70 West exit, turn left onto White Oak Rd, and then left onto Timber Drive East. Complete floor plans, structural dimensions, and lease details for Unit 102 are available upon request for serious purchase inquiries. Please contact the listing team today to schedule a walkthrough or to request the full documentation package
Details
| MLS # | 10174434 |
|---|---|
| Listing Type | For Lease |
| Style | Retail |
| Status | Active |
| Year | 2010 |
| Days On Site | 81 |
| Listing Provided By | D-3 Realty Group | Leon Wright |
Features
| SQ Feet | 3,400 |
|---|---|
| Story(s) | 1 |
| Zoning | CMX |
| Acreage | 0.78 |
Exterior
| Construction Materials | See Remarks |
|---|
Taxes
| Tax Assessed Value | 1293825 |
|---|---|
| Tax Legal Description | Lo7a White Oak Village Bm2009-01020 |
| Tax Year | 2025 |
Area Information
| State | NC |
|---|---|
| County | Wake |
| City | Garner |
| Zip Code | 27529 |
| Area | Wake |
| Listing VS Median (in 27529) | |
Price: $3,000,000 low | high Med: $400,000 sqft: 3,400 low | high Med: 2,728 $ / sqft: $882 low | high Med: $147 On site: 81 low | high Med: 170 | |
Market Activity 27529
Request a showing
Request a showing
Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.
Contact
Learn More About This Property
| State | NC |
|---|---|
| County | Wake |
| City | Garner |
| Zip Code | 27529 |
| Area | Wake |
| Listing VS Median (in 27529) | |
Price: $3,000,000 low | high Med: $400,000 sqft: 3,400 low | high Med: 2,728 $ / sqft: $882 low | high Med: $147 On site: 81 low | high Med: 170 | |
