204 Capcom Ave
Industrial | 32,000 SqFt
Marketing description
±32,000 SF Class A Flex/R&D facility in Wake Forest, NC. Built in 2010 to a high institutional standard, the property features ±21,000 SF of premium office space and ±11,000 SF of clear-span warehouse with 24’ clear height, dock-high loading, and an oversized drive-in. Currently leased through June 2027 to one of the top defense contractors in the world, providing 2 years of secured rental income. The tenant is consolidating its national footprint into a new $2B state-of-the-art campus in Ohio and has the property actively listed for sublease, creating an opportunity for an owner operator to occupy the facility from day one. The ±5.15-acre site also offers expansion or screened outdoor storage potential. Offered below replacement cost, with recent submarket trades supporting $260–$275/SF pricing.
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