11125 Forest Pines Dr - Office FOR SALE


Raleigh, NC 27614- Highland Park
$13,800,000 USD
919-913-1117
11125 Forest Pines Dr, Raleigh, NC for Sale
$13,800,000 USD
Office - FOR SALE
1/21
null | Request Cap Rate

11125 Forest Pines Dr
Raleigh, NC 27614
Highland Park


HIGHLIGHTS

  • 11125 Forest Pines Drive features 62,587 SF of flexible office space in Raleigh, NC with an additional ±3.2 aces of excess land.
  • Proximate to downtown Raleigh, Raleigh-Durham International Airport, and Wake Forest with easy access to US-1, US-401, and I-540.
  • Includes high-end finishes with energy-efficient features and natural lighting throughout.
  • Featuring multiple reception areas, a training center with room partitions, multiple meeting rooms, and large open spaces.
  • Suite amenities include a kitchenette/break room, bathrooms with lockers and showers, fitness room, and a large outdoor terrace.

OVERVIEW

This property presents a unique opportunity to purchase a one-story Class B mixed use building spanning 64,890 square feet, currently vacant. Constructed in 2015 by Williams Realty and Building Company, a prominent construction firm in Raleigh since 1954, the facility is built from precast concrete panels with a brick façade. Exterior features include brick veneer siding, storefront fixed-pane glass with window sunshades, and aesthetically pleasing translucent canopies extending from the entryways. This property includes a spare +/-3.2 acres of land available for expansion or sold separately. Due to the creek in the center, this land could be built as a parking lot. The design and quality of construction facilitates versatile uses. There are several entryways on the East and West side of the building enabling multi-tenant use with independent access. Additionally, there is a high dock located on the West side of the building. The facility at 11125 Forest Pines Dr. is a unique property with high-end finishes, state-of-the-art learning spaces, and large open spaces that can be used for a variety of possibilities. The property is proximate to downtown Raleigh, Raleigh-Durham International Airport, and Wake Forest with easy access to US-1, US-401, and I-540.

FOR SALE DETAILS

PRICE

$13,800,000 USD

PRICE/SF

$213 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical, Health Club, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

240

LAND DETAILS

LAND ACRES

10.85 AC

LAND SF

472,626 SF

ZONING

CX-3

APN/PARCEL ID

1830.03-40-1750-000

ASK ABOUT THIS PROPERTY

Kathy GigacAvison YoungMore Info
919-913-1117

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Kathy GigacAvison YoungMore Info
919-913-1117

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.