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Wake Forest Technology Park
9701 Capital Boulevard, Wake Forest, NC 27587
309,000 SF | Industrial
View from US 1N 5 mi from Raleigh, NC
Industrial Property - Off Market
- Building Size:
- 309,000 SF
- Property Type:
- Property Sub-type:
- Industrial-Business Park
- Additional Sub-types:
- Office Showroom
- Truck Terminal/ Hub/
- Economy/ Limited Service
- Property Use Type:
- Net Lease Investment with
- 1 years left on lease
- Commission Split:
- Cap Rate:
- Clear Ceiling Height:
- 18 ft.
- Lot Size:
- 123 AC
- Listing ID
- Last Updated
- over 1 year ago
- Fenced Yard
- Trailer Parking
- Electricity/Power - Progress Energy
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.
Map of 9701 Capital Boulevard, Wake Forest, NC 27587 (Wake County)
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO