4904 Waters Edge Dr | Raleigh, NC 27606
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- LoopNet Team
4904 Waters Edge Dr
Raleigh, NC 27606
Office Property For Sale
Investment Highlights
- Fully leased 15,337 RSF office asset
- Prime location in Southwest Raleigh, just 5 minutes from NC State University
- Excellent access to I-40, I-440, and U.S. Highway 70—connecting to RTP, Cary, and RDU
- Occupied by 19 tenants under full service leases
- Stable cash flow with NOI of $182,786 and OPEX of $7.65/SF
- Strong submarket demographics
Property Facts
Property Type
Office
Building Size
15,337 SF
Building Class
B
Year Built
1976
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,669 SF
Slab To Slab
11’
Building FAR
0.24
Lot Size
1.44 AC
Zoning
O&I-1 - Office and Institutional
Parking
40 Spaces (2.61 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Pond
- Fully Carpeted
- Drop Ceiling
- Air Conditioning
Property Taxes
| Parcel Number | 0783.10-26-8961-000 | Improvements Assessment | $915,353 |
| Land Assessment | $618,239 | Total Assessment | $1,533,592 |
Property Taxes
Parcel Number
0783.10-26-8961-000
Land Assessment
$618,239
Improvements Assessment
$915,353
Total Assessment
$1,533,592
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