Forest Creek represents a high-quality, institutionally attractive office investment strategically positioned at the NC Highway 55 and I-40 interchange on the highly coveted western edge of Research Triangle Park. This three-story, 30,648-square-foot professional building features modern finishes, strong curb appeal, and streamlined access to the region’s most significant economic engines, including RDU International Airport, Chapel Hill, Durham, and Morrisville. With its central location just 1.2 miles from the RTP core, the property offers both visibility and unmatched commuter connectivity for tenants drawing from all points of the Triangle.
The asset is currently 90 percent occupied by a diversified roster of creditworthy users in the healthcare, nonprofit, and education sectors, reinforcing its reputation as a stable, low-turnover environment. In-place rental rates sit $2 to $5 per square foot below competing Class A and B office product in the immediate area, positioning Forest Creek as a cost-advantaged RTP-adjacent option with long-term tenant appeal. The building generates $438,475 in annual NOI based on a weighted average lease rate of $22.72 per square foot, supported by a secure rent roll with no lease expirations until 2028.
The offering includes a 12-month rent credit on the vacant suite, creating an immediate boost to economic occupancy and a clear path for future upside. The available space is move-in ready with premium finishes, making it attractive for near-term lease-up at market rates of $22+ per square foot. Between its strategic gateway location, established tenant mix, and demonstrated operational strength, Forest Creek presents an ideal opportunity for investors seeking stable income today with built-in mark-to-market and occupancy growth potential in one of the Southeast’s most dynamic innovation corridors.