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7501 Creedmoor Road - Stonehenge Office Park, Raleigh, NC

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7501 Creedmoor Road - Stonehenge Office Park

SW of Howard/Creedmoor int
Raleigh, NC 27613 - Glenwood/Creedmoor Submarket

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Property Type:Office Sub Type:- Status:Existing Year Built:1998
Stories:1 Typical Floor:12,226 SF Building Size:12,226 SF
For Sale Price:$1,600,000 Price/SF:$130.87
Cap Rate:8.60 %
Parking:Free Surface spaces are available; Free Covered spaces Amenities:Bus Line, Signage


One-story, 1,500 SF Suite available in small, free standing office center. Large building signage over entryway. Storefront glass windows. Front row parking. Large reception area, 4 private offices, large break/work room and private bath. Rental rate: $2,200 mo., plus electricity and janitorial. Located across from Stonehenge Shopping Center on corner of Howard and Creedmoor Roads. Close to banks, retail, coffee shops, and restaurants. Available August 1, 2008

Sale Notes:

12,226 sf fully leased multi-tenant office building on 1.09 acres available for sale
• One story brick office building built in 1998 by Spec Con.
• Zoned O&I-2
• 41 parking spaces with rear on-street parking
• 25 year standing seam roof
• Great visibility and building signage
• Multiple access points to Creedmoor Road
• Purchase Price: $1,600,000
• 2012 NOI: $132,065.08
• Cap Rate: 8.3% year one
• Great upside potential!
• Confidentiality agreement is required for release of additional tenant information
• Located in North Raleigh across from Stonehenge Shopping Center, at the corner of Creedmoor Road and Howard Road, directly behind Fifth Third Bank

York Properties
Amy Bush
(919) 821-7177 x310
View all my listings
Ronald Schwartz
(919) 740-4448



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