1155 Timber Drive E 101Garner, 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

Property Information

Property type

Commercial Sale

Sub-type

Retail

Year built

2010

Living area

3,400 Sq Ft

Lot size

0.78 acres

Lot dimensions

0

Zoning

CMX

Days on market

109

MLS^® Listing#

10174434

Property Features

Interior

High Speed Internet

Construction

See Remarks

Financial Details

Annual taxes

$13,418Tax year 2025

Assessed value

$1,293,825

Parcel number

172011555998000 0375996