For Sale Commercial MLS# 10174434

1155 Timber Drive E 101

Garner, NC 27529

$3,000,000

  • 3,400Sq Ft
  • 0.78Acres
  • 2010Built
  • $882Per Sq Ft
  • 155Days Listed
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About 1155 Timber Drive E 101

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

Property details

Property

Type
Retail
MLS type
Commercial
Status
Active
Year built
2010
Stories
1
Living area
3,400 sqft
Price / sqft
$882
Lot
0.78
Original price
$3,000,000
MLS #
10174434

Exterior & lot

Construction
1
Lot
CMX

Schools

District
Wake County Schools

Financial

Financial
Doorify MLS
Annual tax
$13,418
Tax year
2025
Parcel
172011555998000 0375996
Legal
Lo7a White Oak Village Bm2009-01020
Special conditions
Standard

Location

County
Wake

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Listed by Leon Wright, D-3 Realty Group

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.