4320 Delta Lake Dr
Raleigh, NC 27612
Flex Property For Sale
Property Facts
| Property Type | Flex | Year Built | 1983 |
| Building Class | C | Parking Ratio | 2.19/1,000 SF |
| Lot Size | 1.07 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 15,500 SF | Cross Streets | Commercial Av |
| No. Stories | 1 | ||
| Zoning | IND-1 | ||
| Property Type | Flex |
| Building Class | C |
| Lot Size | 1.07 AC |
| Rentable Building Area | 15,500 SF |
| No. Stories | 1 |
| Year Built | 1983 |
| Parking Ratio | 2.19/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
| Cross Streets | Commercial Av |
| Zoning | IND-1 |
Amenities
- Signage
About 4320 DELTA LAKE DR , RALEIGH, NC 27612
Trinity Partners is pleased to offer for sale to qualified investors, Opportunity to acquire a fully leased, single-story flex building in a desirable location just off Glenwood Avenue and three miles from I-440. The subject property features a net lease structure with fee simple interest and a long-term lease in place with annual escalations. Tenant has a proven track record and runs their headquarters out of this location. Surrounding the property is an abundance of retail and dining options, including the areas premier retail hub Crabtree Valley Mall. Investment Highlghts: 1) NNN Lease Structure 2) Established Tenant With 20+ Year Occupancy 3) Long-Term Lease With Annual Rent Increases 4) Fee Simple Interest Investment Summary: 1) Total SF: 15,500 SF 2) Acres: 1.07 3) Year Built: 1983 4) % Leased: 100% 5) Lease Term: 7 years (to commence upon closing) 6) NOI: $170,500 7) Sales Price: $2,375,000 8) CAP Rate: 7.18%
Property Taxes
| Parcel Number | 0786.11-66-5905-000 | Improvements Assessment | $2,095,079 |
| Land Assessment | $497,784 | Total Assessment | $2,592,863 |
Property Taxes
