200-204 N. Arendell Avenue, Zebulon, NC 27597

Bryant Capital Advisors is pleased to present 200-204 N. Arendell Avenue, a recently renovated multi-tenant retail asset located in Downtown Zebulon, one of the fastest-growing communities within the Raleigh MSA. The ±10,705 SF asset is strategically positioned along N. Arendell Avenue (NC-96), providing strong visibility and direct access to the region.

Current in-place NOI of ~$145,000 is projected to increase to ~$197,000 by Year 6 through contractual rent growth, lease rollover upside, and mark-to-market opportunities across several below-market leases.

200-204 N. Arendell Avenue benefits from a diversified mix of restaurant, service retail, fitness, and specialty retail tenants, creating durable cash flow supported by staggered lease expirations and renewal options. Originally constructed in 1950 and comprehensively renovated in 2025, the asset offers a combination of stable in-place income, embedded revenue growth, and limited near-term capital expenditure requirements.

The investment is further supported by exceptional demographic fundamentals. Population within a 5-mile radius increased ~25.6% between 2020 and 2025, and is projected to grow an additional 10.8% through 2030, while average household incomes approach $99,500. As residential and commercial growth continues to expand eastward from Raleigh, 200-204 N. Arendell Avenue is positioned to benefit from increasing consumer demand throughout eastern Wake County.