615 W Peace Street 110, Raleigh, NC 27605

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$909,000

bedrooms

bathrooms

square feet

2,050

Acreage

0.32

Open Houses

year built

2024

Full Baths

Half Baths

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ALL OFFERS DUE MONDAY 3/31 BY 5 PM! Fully Leased, Turnkey Investment Opportunity in Raleigh's Hottest District. Brand new, fully built-out retail unit at the 615 Peace luxury condo building in Glenwood South. Leased to Beem Light Sauna through 2034, offering long-term stability with 3% annual rent increases. Directly next to Starbucks and Mellow Mushroom. Priced competitively at a 7.5 CAP on existing rents. Extensive tenant improvements—including HVAC, plumbing, and electric— in place, making this a truly turnkey investment. Located in a high-visibility area with over 14,000 cars/day. A rare chance to own a fully leased retail unit in a prime location.

Location
Subdivision	615 Peace St
County	Wake
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 10084526

Listing agent: David Gorman

Listing broker: Fathom Realty Nc Llc (888) 455-6040

Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Monday, March 31 2025 at 4:25 p.m. EDT

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