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5011 Departure Dr 9,840 SF Vacant Flex Building Raleigh, NC 27616 $2,595,000 ($263.72/SF)

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Investment Highlights

Turnkey Flex Property built in 2006.
Occupy Part with Income Potential or Occupy All

Partially Leased on Short Term Basis.
Prime North Raleigh location provides Quick Access to RDU and Downtown Areas.

Executive Summary

Rare opportunity for an owner occupant. This stand-alone, single-story, turnkey flex property is partially leased on a short term basis (leases expiring within 6 to 8 months), providing buyers with the flexibility to extend leases, occupy part and collect rent or occupy all.
With 9,840 sf, divided into six separately metered units, this beautifully maintained building on .98 AC offers an even mix of office/showroom and warehouse, with 5 grade level roll up doors, extended ceiling heights, 28 spaces of on-site parking and professional curb appeal.
Prime North Raleigh location between I-440, I-540 & US-1 offers quick access to RDU, RTP, Downtown Raleigh and all parts of the Triangle. Don’t miss the chance to acquire this premium flex asset in one of our hottest markets.

5011 Departure Dr - OM - Revised User

Property Facts

Price	$2,595,000	Rentable Building Area	9,840 SF
Price Per SF	$263.72	No. Stories	1
Sale Type	Investment or Owner User	Year Built	2006
Property Type	Flex Flex Showroom OfficeLoft Creative Space FlexLight Distribution	Parking Ratio	2.54/1,000 SF
Building Class	B	No. Drive In / Grade-Level Doors	5
Lot Size	0.98 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	IX-3 - Industrial

Price	$2,595,000
Price Per SF	$263.72
Sale Type	Investment or Owner User
Property Type	Flex Flex Showroom OfficeLoft Creative Space FlexLight Distribution
Building Class	B
Lot Size	0.98 AC
Rentable Building Area	9,840 SF
No. Stories	1
Year Built	2006
Parking Ratio	2.54/1,000 SF
No. Drive In / Grade-Level Doors	5
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	IX-3 - Industrial