Fully stabilized office condominium portfolio offered as a structured sale-leaseback investment in North Raleigh’s established Wind Chime corridor. The offering includes Suites 101 (544 SF), 102 (956 SF), and 104 (1,500 SF) totaling 3,000 SF.
At closing, the current owner will execute a new 10-year NNN lease covering the entire 3,000 SF at $5,500 per month ($66,000 annually) with 1.7% escalations annually after the first year, providing predictable long-term income from a committed, multi-location tenant.
The office is occupied by Developmental Therapy Associates, Inc., a well-established occupational and speech therapy provider founded in 1982 that serves children and adults throughout the Raleigh-Durham-Cary Triangle and beyond. With multiple clinic locations in the Triangle and a reputation as a leading provider of pediatric sensory integration, occupational, language and related therapy services, the tenant offers stability and local market credibility.
Offered as a three-unit condominium portfolio, delivering stable cash flow in a desirable North Raleigh office location.