3203 Coleman Rd

Rare opportunity to hit the market! Small strip center under $1M with upside. Rents are historically low with long term tenants. The new owner can recapture expenses on some leases through reconciliation. Raleigh is vibrant with new businesses. Crunch Fitness coming across the street. Whataburger, Chick Fil A, Bojangles, Little Caesar’s, and Starbucks all within the proximity.

• 9.5% Cap on Actual with upside by increasing rents and collecting reconciliations 
• Long Term Tenants cemented in the Neighborhood Landscape
• New TPO Roof in 2021
• Easy access to Austin Peay retail corridor
• Please do not disturb the Tenants.

https://www.crexi.com/properties/1767760/tennessee-fully-leased-strip-center-in-raleigh