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4030 Wake Forest Road 4030 Wake Forest Rd 29,536 SF 100% Leased Office Building Raleigh, NC 27609 $4,400,000 ($148.97/SF) 7.56% Cap Rate
Investment Highlights
- Multi Tenant, Office Investment Opportunity | Three (3) Story Office Building
- Well Maintained Building with Ample Surface Parking (101 Spaces)
- Heavily Trafficked, Wake Forest Road Frontage with Dedicated Signage
- Owner-User Potential: WALT: 2 Years | Nearly 50% of GLA has No Renewal Options
- Established Tenant Mix: Healthcare, Legal, Real Estate, and US Government
- New Roof Installed 2011 (20-Yr Warranty); 2-Rooftop HVAC Units (40-Ton 2013/30-Ton 2015)
Property Facts
Amenities
- Controlled Access
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Finance and Insurance
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Jan 0000
State Farm began in 1922 when G.J. Mecherle founded the business in central Illinois as an auto insurance company built around fairness for farmers and other drivers. The company has since grown into a mutual insurer that offers auto, home, renters, life, health, and business coverage, along with financial services and claims support. State Farm’s public materials describe a long-running focus on helping customers manage everyday risks, recover from unexpected events, and plan for the future. Recent company reporting also shows a broad market presence across insurance and related services, with a wide network of agent offices serving millions of policies and accounts.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Finance and Insurance | - | - | Jan 0000 |
Property Taxes
| Parcel Number | 1715.06-49-5145-000 | Improvements Assessment | $1,546,244 |
| Land Assessment | $1,776,258 | Total Assessment | $3,322,502 |
Property Taxes
Presented by
4030 Wake Forest Road | 4030 Wake Forest Rd
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