A restaurant that sold for $4.32 million tops the list of the most expensive commercial real estate sales in Raleigh in the past week.
The area saw a total of 11 commercial property sales over the past week, averaging $1.16 million, or $672 per square foot.
The prices in the list below include commercial real estate sales where the title was recorded during the week of Aug. 24 even if the property sold earlier.
1. $4.32 million, restaurant at 407 East Six Forks Road
A 3,280-square-foot restaurant at 407 East Six Forks Road in Raleigh has been sold.
The total purchase price was $4.32 million, $1,317 per square foot. The home was built in 1966. Leamon F Couch Jr. Family LLC acquired the restaurant. The deal was finalized on Aug. 14.
2. $3.3 million, mixed-use building at 2407 Garner Road
A sale has been finalized for the mixed-use retail and apartment property at 2407 Garner Road in Raleigh.
The price was $3.3 million. The house was built in 1950 and the living area totals 1,654 square feet. The price per square foot ended up at $1,995. The Olde Barn Holdings LLC transferred ownership of the mixed-use retail and apartment property to Garner Station Limited Partnership. The deal was closed on Aug. 11.
3. $1.5 million, supermarket at 5217 Poole Road
The sale of the grocery store or supermarket at 5217 Poole Road in Raleigh has been finalized.
The price was $1.5 million. The house was built in 1981 and has a living area of 2,940 square feet. The price per square foot ended up at $510. Farzana Investment Inc bought the grocery store or supermarket. The transaction was completed on Aug. 7.
4. $605,000, office building at 8801 Fast Park Drive, Suite 117
A 1,572-square-foot office property at 8801 Fast Park Drive, Suite 117 in Raleigh has been sold.
The total purchase price was $605,000, $385 per square foot. The house was built in 2009. Christine Maestri Huttinger Trust took over the office property. The deal was closed on Aug. 6.
5. $600,000, office building at 4024 Barrett Drive, Unit 4B
The office property at 4024 Barrett Drive, Unit 4B in Raleigh has new owners.
The price was $600,000. The home was built in 1984 and has a living area of 1,000 square feet. The price per square foot ended up at $600. Lala Realty LLC bought the office property. The transaction was completed on Aug. 12.
6. $600,000, office building at 4024 Barrett Drive, Unit 4A
The sale of the office property at 4024 Barrett Drive, Unit 4A in Raleigh has been finalized.
The price was $600,000. The house was built in 1984 and has a living area of 1,000 square feet. The price per square foot ended up at $600. Lala Realty LLC acquired the office property. The deal was finalized on Aug. 12.
7. $555,000, office building at 4004 Barrett Drive, Unit 12A
A 1,000-square-foot office property at 4004 Barrett Drive, Unit 12A in Raleigh has been sold.
The total purchase price was $555,000, $555 per square foot. The home was built in 1986. Lowder Holdings LLC sold the office property to Eagles Holding LLC. The deal was closed on Aug. 7.
8. $555,000, office building at 4004 Barrett Drive, Unit 11A
A 1,008-square-foot office property at 4004 Barrett Drive, Unit 11A in Raleigh has been sold.
The total purchase price was $555,000, $551 per square foot. The house was built in 1986. Eagles Holding LLC acquired the office property from Lowder Holdings LLC. The deal was finalized on Aug. 7.
9. $298,000, office building at 211 East Six Forks Road, Unit 17B
The office property at 211 East Six Forks Road, Unit 17B in Raleigh has new owners.
The price was $298,000. The home was built in 1987 and has a living area of 1,000 square feet. The price per square foot ended up at $298. Christine Maestri Huttinger Trust bought the office property from Triangle Lawyers LLC. The transaction was completed on Aug. 7.
10. $264,000, office building at 4002 Barrett Drive, Unit 18B
A sale has been finalized for the office property at 4002 Barrett Drive, Unit 18B in Raleigh.
The price was $264,000. The house was built in 1986 and the living area totals 1,000 square feet. The price per square foot ended up at $264. Hoffman Squared Properties LLC sold the office property to ILA Realty LLC. The deal was finalized on Aug. 12.
