Listed by Marcus & Millichap - Raleigh, Marcus & Millichap - Charleston
$4,400,000
4030 Wake Forest Road (Owner-User Potential)
Details
Property Type Office
Sub Type Traditional Office
Square Footage 29,536
Net Rentable (SqFt) 29,536
Units 12
Occupancy 100%
Tenancy Multi
Price per SqFt $149
Year Built 1999
Buildings 1
Stories 3
Acreage 1.850
Zoning OX-3
Office | 29,536 SqFt
Investment highlights
Multi Tenant, Office Investment Opportunity | Three (3) Story Office Building
Owner-User Potential: WALT: 2 Years | Nearly 50% of GLA has No Renewal Options
Well Maintained Building with Ample Surface Parking (101 Spaces)
Established Tenant Mix: Healthcare, Legal, Real Estate, and US Government
Heavily Trafficked, Wake Forest Road Frontage with Dedicated Signage
New Roof Installed 2011 (20-Yr Warranty); 2-Rooftop HVAC Units (40-Ton 2013/30-Ton 2015)
Potential Upside… Mark to Market and Recapture Reimbursements
Less Than One (1) Mile to I-440 Interchange (Beltline)
Listing Contacts
Listed by Marcus & Millichap - Raleigh, Marcus & Millichap - Charleston
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Title
Name
License
Brokerage Phone
Is there information that looks off?
