This Industrial Property is Off-Market.

9701 Capital Boulevard
Wake Forest, NC 27587 ·

309,000 SF · Industrial For Sale

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Wake Forest Technology Park

Price N/A Cap Rate 9%
Building Size 309,000 SF Occupancy 10%
Property Type Industrial Tenancy Multiple
Property Sub-type
Industrial-Business Park
More...
  • Office Showroom
  • Truck Terminal/ Hub/ Transit
  • Economy/ Limited Service
Clear Ceiling Height 18 ft.
Property Use Type Net Lease Investment with 1 years left on lease Lot Size 123 AC
Commission Split 2% Features
  • Fenced Yard
  • Trailer Parking
  • Electricity/Power - Progress Energy
  • Rail
  • Sprinklers
Listing ID: 16689222 Date Created: 05/18/2010 Last Updated: 02/11/2011

Description

NEED WATER? Property has State permit on water intake for 7 millions gallons potable water per day. South boundary is the Neuse River.
NEED LOCATION? Frontage 3,600 ft. is U.S. 1, 3 mi. north I-540 to I-40 and I-85. West boundary 4,500 ft. is CSX High Speed rail with spur and Time Warner Optic Cable line in r/o/w.
NEED GREEN? Roof is available for 250,000 s/f Solar in Progress Energy Grid that will supply building plus 30-40+ family homes in the area.
NEED EXPANSION?: 123 acres total; 35 acres with 309,000 sq ft brick mostly storage with 12000 s/f offices; 88 acre for expansion as a Technology Park.
NEED GOVERNMENT SUPPORT?: Chamber of Commerce, Wake County, Town of Wake Forest near Capital City Raleigh, wants development as "WF Technology Park" focus on DOD sub-contractors and scientists and engineers.. There are over 70 DOD related entities in Raleigh/Research Triange.

On US Highway 1, 3 mi north of I 540; 5 mi north of Raleigh; 4 mi south of Town of Wake Forest. West border is CSX Ry with spur track into property; CSX r/o/w has Time Warner Fibre Optic Cable line (Richmond - Charlotte); adjacent to hiking trails to Richmond north and Atlantic Ocean eastward. Has full support for development from local town and county and WF Chamber. Adjoins 58 acre wooded tract also available to compose new 93 acre Technology Park. Tenant interest available from WF Chamber of Commerce. Contact.

Utilities

  • Fenced Yard
  • Trailer Parking
  • Electricity/Power - Progress Energy
  • Rail
  • Sprinklers

Research

9701 Capital Boulevard, Wake Forest, NC 27587 (Wake County)

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