Property History
Property Type
Property Type
Property Subtype
Marketing Description
This offering presents a rare opportunity to acquire three office condominium units totaling 3,000 square feet in North Raleigh's established Wind Chime corridor through a structured sale-leaseback transaction.
At closing, the current owner of Suite 104 (1,500 SF) will execute a new 10-year NNN lease at $5,500 per month ($66,000 annually) creating immediate, predictable income. The leaseback structure allows the buyer to acquire а stabilized income stream from day one while maintaining long-term occupancy by an established local business.
Suites 101 (544 SF) and 102 (956 SF) are currently vacant, offering 1,520 square feet of lease-up or owner-user opportunity. Upon stabilization, the property has the potential to generate a cap rate exceeding 10%, providing both income and value-add upside.
Offered at $943,000, this investment combines the security of a long-term lease with meaningful growth potential in one of North Raleigh's most accessible and desirable office corridors.
Loan History
Financial History
Tax History
Contact Information
These phone numbers and email addresses are checked against the litigator and TCPA lists. Report an error
Ownership Information
Property Details
There are no additional details for this property
Contacts
Listing removed on
BY:
Hershal Pleasant
•••-•••-1234
•••••••••••••cial@•••••••••••.com
Map
Comparable Properties
Rental Market Overview
This rental data is based on the nearest market to this property: Carrboro, NC.
Carrboro, NC median rent ******** *** ****** **** *** ******** ***
National median ********
Compare median rents across marketsStudio ********
1 bed ********
2 bed ********
Studio ********
1 bed ********
2 bed ********
Studio ********
1 bed ********
2 bed ********
Carrboro, NC (nearest market)
Chapel Hill, NC
Hillsborough, NC
Does any data look off? Help us improve Crexi by offering your feedback!
