4109 Wake Forest Road, Raleigh, NC, 27609 - Available for Sale

Office For Sale

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4109 Wake Forest Road, Raleigh, NC 27609

$3,150,000

34,000 SF | Office

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Office Property For Sale

Price:
$3,150,000
Building Size:
34,000 SF
Price/SF:
$92.65
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
10%
No. Stories:
5
Building Class:
B
Tenancy:
Multiple
Year Built:
1975
Listing ID
17224325
Last Updated
60 days ago

Find Out More...

Highlights

  • Master Lease on Vacant Spaces
  • Lit Intersection, High Traffic Count, Monument Signage
  • 30% Medical Related Tenants
  • Upside Potential
  • Negotiable on Price

Description

34,000 SF Multi-Tenant Office Building

$36,000+/- Gross Monthly Rents
82% Occupied / 32 Tenants

Contact for details.

Located on the lit intersection of Wake Forest Road and New Hope Church Road.

Financial Summary

  • Actual
  • 2011
  • $372,815

Map of 4109 Wake Forest Road, Raleigh, NC 27609 (Wake County)

Research for 4109 Wake Forest Road, Raleigh, NC 27609 (Wake County)

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Asking Price Index Trends for Raleigh, NC Office For Sale

  Jun 14 vs. 3 mo.
prior
Y-O-Y
-
State
$117+0.1%-2.3%
-
Metro
$136+1.0%+1.2%
-
County
$139+0.8%+1.9%
-
City
$136-1.1%-1.2%

View Raleigh Market Trends for other property types for sale or lease. Learn more about the chart info.

Created 6/28/2011
Back on the Market: Bring All Offers
  • Office
  • $3,150,000
  • 34,000 SF