2804 Crusher Run - Light Distribution FOR SALE


Wake Forest, NC 27587- Outer Northern Outlying
$2,700,000 USD
984-239-8452
2804 Crusher Run, Wake Forest, NC for Sale
$2,700,000 USD
Light Distribution - FOR SALE
1/5
null | 6.99% Cap Rate

2804 Crusher Run
Wake Forest, NC 27587
Outer Northern Outlying


HIGHLIGHTS

  • Net Operating Income (NOI): $188,686 / year
  • Excellent location near US-1 / Capital Blvd, minutes to Raleigh and Wake Forest
  • Fully leased under NNN & Gross structures with 3% annual rent increases

OVERVIEW

Exceptional opportunity to acquire a 12,059 SF multi-tenant flex/industrial property on 2.15 acres in the high-growth Wake Forest market. This well-maintained asset is fully leased under Modified Gross lease structures with annual 3% rent escalations, providing stable income and consistent appreciation. Zoned LI (Light Industrial), the property offers excellent flexibility for a wide range of commercial, service, and light industrial uses. The building features multiple drive-in bays, dedicated office areas, and ample on-site parking, making it ideal for long-term tenancy retention. Strategically positioned just off US-1 / Capital Blvd, the site benefits from strong regional access to Raleigh, Durham, and the greater Triangle area, supporting both investor demand and continued rent growth in this expanding submarket.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$225 USD /SF

CAP RATE

6.99%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

3

PARKING SPACES

25

LAND DETAILS

LAND ACRES

2.15

LAND SF

93,654

ZONING

Light Industrial

APN/PARCEL ID

1739.04-73-6636-000

ASK ABOUT THIS PROPERTY

Jose CruzCentury 21 Commercial Triangle GroupMore Info
984-239-8452

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Jose CruzCentury 21 Commercial Triangle GroupMore Info
984-239-8452

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