6425-6429 Glenwood Ave

This prime 2.77-acre property in Northwest Raleigh offers excellent visibility and accessibility.

It features two national tenants, Sherwin-Williams and Pizza Hut. Sherwin-Williams has been in place for over 40 years. These tenants are paying market rents on NNN leases. Tenants have current leases which are up in 2029, but with options to renew.

The property also includes a 5,000 sq. ft. 6-bay mechanic shop, which has been in business for over 55 years (43 years at this location). Though the current owner will vacate, employees are interested in staying on, making for a seamless transition. The meticulously maintained shop offers ample space and a huge parking lot, with the business and FFE potentially available for separate purchase.

Additionally, the property presents a valuable opportunity for further development. There is vacant land between the mechanic shop and the Sherwin-Williams building, ideal for a new 5,000 sq. ft. building. This development potential offers ample space for expansion or new ventures, enhancing the property's overall appeal.