Creedmoor Business Park
285,000 SF · Creedmoor, NC · Raleigh-Durham MSA
285,000 SF · Creedmoor, NC · Raleigh-Durham MSA
Institutional credit in a corridor with no new supply
Two buildings totaling 285,000 square feet on NC Hwy 56, positioned between US-15 and I-85 with direct connectivity to Research Triangle Park, Durham, and RDU International. The park sits in a supply-constrained submarket with sub-5% vacancy and no new construction within five miles of the property.
The asset transacted 100% leased to a diversified roster of six tenants on triple-net terms, anchored by institutional-grade credit including AISIN — a Toyota subsidiary and Global Fortune 500 company — and General Electric. Contractual escalations of 3%+ across the roll, staggered expirations through 2033, and in-place rents well below prevailing market levels gave the buyer both day-one income and a clear mark-to-market path.
A corridor with no new supply
Sub-5% submarket vacancy and no new construction within five miles of the park — scarcity that protects occupancy and gives rents room to run.
Credit that underwrites itself
AISIN, a Toyota subsidiary and Global Fortune 500 company, alongside General Electric — institutional-grade tenants on triple-net terms across all 285,000 square feet.
Rent upside already embedded
Contractual escalations of 3%+ across the roll and staggered expirations through 2033, with in-place rents well below market — day-one income plus a clear mark-to-market path.
