Map of Property

307 & 311 Oberlin Road

For Sale

307 & 311 Oberlin Road, Raleigh, NC 27605

This Raleigh property for sale is located at 307 & 311 Oberlin Road. The current listed sale price for 307 & 311 Oberlin Road is $7,350,000. 307 & 311 Oberlin Road is situated on a lot that is 0.65 acre in size.

Contacts

broker
Sal Cammarata

Phoenix Commercial

Property Details

  • Property Type VacantLand
  • Lot Size 0.65 Acre
  • Additional Rent Contact for pricing
  • Date Updated Apr 26, 2024

Two parcels of land totaling 0.65 acres in the Village District of Raleigh, NC.

 

The Property is fully leased to Pinnacle Bank under a 20-year NNN ground lease.

 

Pinnacle is in the process of constructing a ±11,500 SF bank and wealth management office that is scheduled to be completed in 1Q 2024.

 

Net Ground Lease in Top Urban Location (The Village District) of Raleigh, NC

Great 1031 Replacement Property Yielding Monthly Cash Flow

Dense Residential and Retail Submarket within Walking Distance of North Carolina State University

20-Year Lease with 10% Increases Every 5 Years

Tenant is a Publically Traded Regional Bank with a Baa1 Moody's Credit Rating, Assets of $42 Billion, and a Market Capitalization of $4.17 Billion

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 94/100

    Walk Score ®

  • 50/100

    Transit Score ®

  • 82/100

    Bike Score ®

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Location

  • City Raleigh, NC
  • Neighborhood Fairmont
  • Zip Code 27605
  • Market Raleigh Durham

Points of Interest

  • Raleigh

    1.17 miles

  • Zone 4: Limos

    9.29 miles

  • Zone 1: Prearranged Services

    9.30 miles

  • Exxon

    0.69 miles

  • Pullen Mart

    0.70 miles

  • Resco

    0.92 miles

  • PowerCharge

    1.16 miles

  • BP

    1.22 miles

  • Speedway

    1.23 miles

  • Nash Square Charging Station

    1.32 miles

  • Tesla Supercharger

    3.43 miles

  • Electrify America

    5.26 miles

  • Building C Charging Station

    5.36 miles

  • Boney Drive Lot

    0.34 miles

  • Raleigh Little Theatre Parking Lot

    0.38 miles

  • Coliseum Parking Deck

    0.48 miles

  • Williams Hall Parking

    0.54 miles

  • Student Services Lot

    0.66 miles

  • Dan Allen Parking Deck

    0.72 miles

  • University Towers parking garage

    0.73 miles

  • ValPark

    0.86 miles

  • The Standard

    0.86 miles

  • Bloc(83) Parking Deck

    0.95 miles

  • Aloft Raleigh

    0.13 miles

  • Hampton Inn & Suites Raleigh Downtown

    0.92 miles

  • AC Hotel by Marriott Raleigh Downtown

    0.98 miles

  • The Casso, Raleigh, A Tribute Portfolio Hotel

    1.05 miles

  • The Longleaf Hotel

    1.18 miles

  • Friendship Inn Capitol

    1.18 miles

  • Holiday Inn Raleigh Downtown

    1.19 miles

  • Hyatt House Raleigh Downtown Seaboard Station

    1.33 miles

  • Tempo by Hilton Raleigh Downtown

    1.44 miles

  • Homewood Suites by Hilton Raleigh Downtown

    1.46 miles

  • Harris Teeter

    0.21 miles

  • The Fresh Market

    0.26 miles

  • Target

    0.32 miles

  • Publix

    1.02 miles

  • Weaver Street Market

    1.20 miles

  • The Royal

    1.48 miles

  • Whole Foods Market

    1.62 miles

  • Food Lion

    1.68 miles

  • Almadina Market

    1.72 miles

  • Al-Basha Market & Grill

    1.74 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Sal Cammarata

Phoenix Commercial