2804 CRUSHER RUN Wake Forest NC 27587-8869

Exceptional opportunity to acquire a 12,059 SF multi-tenant flex/industrial property on 2.15 acres in the high-growth Wake Forest market. This well-maintained asset is fully leased under Modified Gross lease structures with annual 3% rent escalations, providing stable income and consistent appreciation.

Zoned LI (Light Industrial), the property offers excellent flexibility for a wide range of commercial, service, and light industrial uses. The building features multiple drive-in bays, dedicated office areas, and ample on-site parking, making it ideal for long-term tenancy retention.

Strategically positioned just off US-1 / Capital Blvd, the site benefits from strong regional access to Raleigh, Durham, and the greater Triangle area, supporting both investor demand and continued rent growth in this expanding submarket.

Investment Highlights

• 12,059 SF multi-tenant flex/industrial building on 2.15 acres

• Fully leased under NNN & Gross structures with 3% annual rent increases

• Net Operating Income (NOI): $188,686 / year

• Asking Price: $2,700,000

• Cap Rate: ~7.0%

• Zoning: LI (Light Industrial) – broad allowable uses

• Functional combination of office and warehouse space with drive-in access

• Excellent location near US-1 / Capital Blvd, minutes to Raleigh and Wake Forest