Office
4030 Wake Forest Road (Owner-User Potential)
4030 Wake Forest Rd, Raleigh, NC 27609
Listing Price: $4,400,000
Gross SF
29,536
Rentable SF
29,536
Price/Gross SF
$148.97
Lot Size
1.85 acres
Year Built
1999
Investment Overview
Marcus & Millichap is pleased to present for sale a 3-story, multi-tenant office building located in Raleigh, North Carolina.
4030 Wake Forest Road (Owner-User Potential)
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)
Exclusively Listed By
Listing Price: $4,400,000
Gross SF
29,536
Rentable SF
29,536
Price/Gross SF
$148.97
Lot Size
1.85 acres
Year Built
1999
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)
Investment Overview
Marcus & Millichap is pleased to present for sale a 3-story, multi-tenant office building located in Raleigh, North Carolina.
Exclusively Listed By
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