Listing Summary
High-volume Auto Repair & Tire Shop w/ property for sale at 2730 Lee Ave, Sanford, NC! $2,400,000 (9.38% Cap Rate). $1.36M+ gross revenue, $225K+ net profit. Call (770) 664-9999!
Full Description
High-Volume Auto Repair, Tire Center & Commercial Real Estate For Sale: 2730 Lee Avenue, Sanford, NC
Offering a rare combination of strong annual cash flow, expanding sales momentum, and fee-simple real estate ownership in one of North Carolina's fastest-growing submarkets, 2730 Lee Avenue, Sanford, NC 27332 is available for acquisition. Offered at $2,400,000 ($317.46 per square foot) for both the long-standing automotive service business and real estate property, this commercial asset delivers a high-yielding 9.38% Cap Rate with an Adjusted Net Profit exceeding $225,000 per year after management payroll and operational expenses.
Generating over $1,360,000 in gross revenue in 2025, the shop's 2026 performance is pacing even higher—totaling $695,844 in gross revenue through June 2026 (an annual pace approaching $1,400,000 / $116,000 per month). Because an incoming owner-operator will own the fee-simple real estate, there are no landlord negotiations or rental increases, and the transaction qualifies for SBA commercial real estate financing with down payments as low as 10% to 20% for qualified buyers.
Key Financial Breakdown & Property Specifications
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Asking Price: $2,400,000 (Fee-Simple Commercial Real Estate Property + Operating Business Value)
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Cap Rate: 9.38% Cap Rate
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Net Operating Income (NOI): $225,000 / Year (Net of all expenses and full technician/administrative payroll)
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2025 Gross Revenue: $1,360,000+
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2026 Revenue Pace: $695,844 (Jan–Jun 2026) | Pacing at ~$1,400,000 Annually (~$116,000 / Month Average)
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Labor Sales Volume: $610,000+ in high-margin labor revenue in 2025 alone
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Building Size & Subtype: 7,200 - 7,560 SF Commercial Auto Facility (Class B / Built 1986 / C-2 Zoning)
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Price Per Square Foot: $317.46 / SF
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Land Footprint: 1.70 Acres (Spacious Vehicle Storage, Fleet Service & Expansion Space)
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Parking Capacity: 250 Dedicated Parking Spaces (10.0 Spaces per 1,000 SF Leased)
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Street Frontage: 151 Feet Direct Frontage on Industrial Drive / Lee Avenue Corridor
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SBA Financing Eligibility: Eligible for SBA 7(a) Owner-Occupied Real Estate Financing
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Broker Representation: River Brokers — Direct Contact: (770) 664-9999 | info@riverbrokers.com
Operation Overview & High-Margin Revenue Expansion
Engineered for seamless operational transition and rapid bottom-line growth:
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Diversified Revenue Model: Revenue is balanced across automotive labor, OEM/aftermarket replacement parts, and tire sales/services (general auto repair, scheduled maintenance, oil changes, electrical diagnostics, and engine rebuilds).
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Premier Market Reputation: Holds a 4.8-star Google review score across 140+ verified client reviews and holds official recognition as a CARFAX Top-Rated Service Center.
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Turnkey Crew in Place: Operating with a fully trained, experienced service crew and shop manager, allowing a new owner to step in without operational interruption.
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Operating Hours Expansion Opportunity: Currently open Monday–Friday from 8:00 AM to 5:30 PM and Saturday from 8:00 AM to 1:00 PM (closed Sundays). Extending weekday evening service or full Saturday/Sunday operating hours provides an immediate pathway to expand gross revenues beyond $1.5M.
Booming Sanford / Lee County Trade Area & Housing Expansion
Situated in the heart of Lee County, recognized as one of the 10 fastest-growing counties in North Carolina:
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Rapid Regional Population Growth: Lee County’s population has surged ~13% since 2020, growing from 62,000 to over 70,000 residents. The immediate 1-mile population around the shop is expanding at 6% annually with a median household income of $54,500.
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12,000+ Approved Residential Units: Sanford city planners have approved over 12,000 new housing units over the past five years (with 1,800+ more under review), projected to add roughly 30,000 new residents to the city's vehicle service base.
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Major Master-Planned Housing Nearby: Located minutes from massive new residential developments including Galvin's Ridge (1,000 home units), Laurel Oaks (625 units), and 78 West Subdivision (92 single-family homes & 49 townhomes), plus new communities from national builders Lennar, D.R. Horton, McKee, Mungo, and Centex within 3 miles.
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Commercial Retail Node Synergy: Located just 5 minutes from Walmart Supercenter along Lee Avenue in the established Jonesboro commercial corridor, generating high daily pass-by traffic.
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Educational & Civic Anchors: Near Central Carolina Community College, Lee County High School, Southern Lee High School, East Lee Middle School, and J. Glenn Edwards Elementary (collectively serving over 4,380 students and faculty).
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Dense Multifamily Footprint: Directly serves nearby apartment communities including Jonesboro Ridge Apartments and South Park Village.
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Piedmont & Research Triangle Mobility: Centrally connected across North Carolina — 45 minutes from Downtown Raleigh and Fayetteville; 50 minutes from Durham; 1 hour from Greensboro and Asheboro; and 2 hours 15 minutes from Charlotte.
Whether you are an automotive group expanding service footprints in North Carolina, an investor seeking a 9.38% Cap Rate commercial property, or an owner-operator utilizing SBA financing to build real estate equity, 2730 Lee Avenue delivers proven cash flow, land scale, and exceptional market upside.
Quick Glance
- Listing ID:
CL-North Carolina-28
- Status:
Active
- Year Build:
1986
- Building Size:
7,560 SqFt
- Lot Size:
1.70 Acr
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Virtual Tour