www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
13236906
13236907

500 Wait Ave, Wake Forest, NC 27587

FD
Fred Duan
$20/SF/YR
414 days on market
Updated 14 days ago

Fred Duan

Building Details
Property Type Office
Sub Type Traditional Office, Executive Office (+1)
Tenancy Multiple
Lease Type Modified Gross
Class B
Total Building SqFt 2,520
Vacant SqFt 1,260
Total Parking Spaces 24
Year Built 2000

Spaces

Nice office suites in the Historic Wake Forest Downtown, in the corner of South Franklin St and 500 Wait Ave, across the street to recently renovated H.L. Miller Park. 9 office condos in two buildings, all one-story. New roof 2022. Baen Book Publisher leased 18 years and is moving. Unit 5 920 sq ft, Unit 6 980 sq ft, Unit 7 920 sq ft. Unit 6 and 7 share one AC, it is preferred to have one tenant. Space is mostly open with office rooms and bathroom. Currently there are two passages between adjacent units. New tenant can lease Unit 5 one unit 920 sq ft, or two units 1900 sq ft, or all three units 2820 sq ft.

For fast lease, Rent is discounted below market, to $20 per sq ft per year NNN, plus TICAM $5 per sq ft per year, total $25 per sq ft per year.

Address 500 Wait Ave Suite 8, Wake Forest, NC 27587.

Contact Fred Duan 919-360-8880, To stop robocalls, my phone is set "silence unknown callers". You may send text message or leave a voicemail the first time, I will reply ASAP.

3602911
3602910
3602909

Nice office suites in the Historic Wake Forest Downtown, in the corner of South Franklin St and 500 Wait Ave, across the street to recently renovated H.L. Miller Park. 9 office condos in two buildings, all one-story. New roof 2022. Baen Book Publisher leased 18 years and is moving. Unit 5 920 sq ft, Unit 6 980 sq ft, Unit 7 920 sq ft. Unit 6 and 7 share one AC, it is preferred to have one tenant. Space is mostly open with office rooms and bathroom. Currently there are two passages between adjacent units. New tenant can lease Unit 5 one unit 920 sq ft, or two units 1900 sq ft, or all three units 2820 sq ft.

For fast lease, Rent is discounted below market, to $20 per sq ft per year NNN, plus TICAM $5 per sq ft per year, total $25 per sq ft per year.

Address 500 Wait Ave Suite 8, Wake Forest, NC 27587.

Contact Fred Duan 919-360-8880, To stop robocalls, my phone is set "silence unknown callers". You may send text message or leave a voicemail the first time, I will reply ASAP.

3602914
3602913
3602912

Office | Single tenant

Building description

9 office condos in two buildings, all one-story. New roof 2022. Baen Book Publisher leased 18 years and is moving. Unit 5 920 sq ft, Unit 6 980 sq ft, Unit 7 920 sq ft. Unit 6 and 7 share one AC, it is preferred to have one tenant. Space is mostly open with office rooms and bathroom. Currently there are two passages between adjacent units. New tenant can lease Unit 5 one unit 920 sq ft, or two units 1900 sq ft, or all three units 2820 sq ft.

For fast lease, Rent is discounted below market, to $20 per sq ft per year NNN, plus TICAM $5 per sq ft per year, total $25 per sq ft per year.

Address 500 Wait Ave Suite 8, Wake Forest, NC 27587.

Contact Fred Duan 919-360-8880, To stop robocalls, my phone is set "silence unknown callers". You may send text message or leave a voicemail the first time, I will reply ASAP.

Building highlights

Nice office suites in the Historic Wake Forest Downtown, in the corner of South Franklin St and 500 Wait Ave, across the street to recently renovated H.L. Miller Park. 3 office space avalable in September, new tenant can lease one unit 920 sq ft or 3 units total 2820 sq ft.

Listing Contacts

FD
Fred Duan

Map

Zoning

Intelligence Badge
UMX MixedMixed UseUrban Mixed Use
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 102 uses
View all 102 uses
Last updated Jan 15, 2026 For deeper zoning details, reports are available at Zoneomics

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Lessee to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591