Century 21 Triangle Group is pleased to present an exceptional commercial property opportunity on HWY 401 in Wake County. This versatile property features an approximately 1,925 sq ft office/retail building, constructed in 2006, suitable for retail, office, or various service applications. Situated on 0.84 acres, the property benefits from high visibility and convenient access to Downtown Raleigh and Research Triangle Park.
Key Highlights:
*Location:Prime location on HWY 401, Wake County
*Building: Approximately 1,925 sq ft, built in 2006
*Lot Size: 0.84 acres
*Zoning:General Commercial, allowing for a range of development options
Available Options:
*Purchase:$1,050,000.00 (Subject to 1031 Exchange)
*Land Lease: Base rent at \$6,250 monthly, Absolute NNN, 10-20 year term with renewals
*Building Lease:$4,812.50 Monthly/$57,750 Annually, 5 to 10-year term plus renewals, Absolute NNN lease, Base Rent \$30 psf for year 1, 3% Annual Escalations, Corporate Guarantee
This property is ideal for businesses seeking a strategic location with flexible usage options.