Single-Tenant Office
5509 Creedmoor Rd
5509 Creedmoor Rd, Raleigh, NC 27612
Listing Price: $2,083,200
Cap Rate
6.90%
Gross SF
11,904
Rentable SF
11,904
Price/Gross SF
$175.00
Lot Size
0.75 acres
Year Built
1984
Investment Overview
Marcus & Millichap is pleased to present for sale a single-tenant office building located on Creedmoor Road in Raleigh, NC.
Investment Highlights
- Single Tenant Investment Opportunity with Strong Rental History
- Owner-User Potential: 2 Lease Years Remaining + 1/3 Year Option
- Well Maintained Building with Recent Interior Updates (New Carpet & Paint)
- 2-Story Building Configuration, Flexibility for Future Tenants and or Owner User
- Potential Upside… Move Lease to NNN, Currently Below Market Rents
- Visibility from Creedmoor Rd at Signalized Intersection with Dedicated Signage
- Near Major Retailers: Including Food Lion, Harris Teeter, and Walgreens
- Located within 1-Mile to Crabtree Valley Mall: 1.3 Million Square Feet
Exclusively Listed By
Financing By
Listing Price: $2,083,200
Cap Rate
6.90%
Gross SF
11,904
Rentable SF
11,904
Price/Gross SF
$175.00
Lot Size
0.75 acres
Year Built
1984
Investment Highlights
- Single Tenant Investment Opportunity with Strong Rental History
- Owner-User Potential: 2 Lease Years Remaining + 1/3 Year Option
- Well Maintained Building with Recent Interior Updates (New Carpet & Paint)
- 2-Story Building Configuration, Flexibility for Future Tenants and or Owner User
- Potential Upside… Move Lease to NNN, Currently Below Market Rents
- Visibility from Creedmoor Rd at Signalized Intersection with Dedicated Signage
- Near Major Retailers: Including Food Lion, Harris Teeter, and Walgreens
- Located within 1-Mile to Crabtree Valley Mall: 1.3 Million Square Feet
Investment Overview
Marcus & Millichap is pleased to present for sale a single-tenant office building located on Creedmoor Road in Raleigh, NC.
Exclusively Listed By
Financing By