Wake Property Investments LLC sold the 6,400-square-foot retail building at 1408 Garner Station Blvd. in Garner, NC to Michael A. Housman 1988 Trust for nearly $1.72 million or $268 per square foot.
The property was constructed in 1990 then renovated in 1995 and is zoned SB. The structure was 100 percent occupied at the time of the sale. The purchase was a triple-net investment deal with the property fully leased to Four Oaks Bank & Trust.
Sam Young with Cassidy Turley represented the seller, while the buyer was represented by Bruce Bean with The Trafton Group.
Please see CoStar COMPS #2687049 for more information.