500 New Hope Rd - Light Distribution FOR SALE


Raleigh, NC 27610- Southeast Raleigh
$3,295,000 USD
919-737-5742
500 New Hope Rd, Raleigh, NC for Sale
$3,295,000 USD
Light Distribution - FOR SALE
1/20
null | 6.79% Cap Rate

500 New Hope Rd
Raleigh, NC 27610
Southeast Raleigh


HIGHLIGHTS

  • Fully Leased | 6.79% Cap Rate
  • Nine (9) Units | ±1,500 SF Each
  • Tenant Uses: Light Industrial, Civic and Office
  • Convenient Access to I-440 and I-87
  • Within 15 Minutes of Downtown Raleigh, North Raleigh and WakeMed Raleigh

OVERVIEW

For Sale | ±13,500 SF Fully Leased Flex Building Investment Sales Price: $3,295,000 The building sits on ±1.59 acres and features 9 units (±1,500 SF each). The current tenant mix includes light industrial, civic and office uses. Property situated off S New Hope Rd with convenient access to I-440 and I-87. IX (Industrial Mixed Use) zoning provides for variety of uses (see local UDO). The area is within 15 minutes of Downtown Raleigh, North Raleigh and WakeMed Raleigh with a variety of nearby restaurant & shopping.

FOR SALE DETAILS

PRICE

$3,295,000 USD

PRICE/SF

$244 USD /SF

CAP RATE

6.79%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Hope Commercial Center

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

UTILITIES

Water - City, Sewer - City, Heating - Electric

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

9

PARKING SPACES

58

LAND DETAILS

LAND ACRES

1.59

LAND SF

69,260

ZONING

IX

APN/PARCEL ID

1733.09-06-2441-000

ASK ABOUT THIS PROPERTY

Hershal PleasantTriangle Commercial Real EstateMore Info
919-737-5742

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Hershal PleasantTriangle Commercial Real EstateMore Info
919-737-5742

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