Andrew Margulies
Senior Managing Director | Investments
Andrew.Margulies@marcusmillichap.com
NC: 264059, IL: 475147606
4030 Wake Forest Road
Raleigh, NC
- List Price $4,400,000
- Total GLA 29,536 SF
- Year Built 1999
Investment Highlights
- Multi Tenant, Office Investment Opportunity | Three (3) Story Office Building
- Owner-User Potential: WALT: 2 Years | Nearly 50% of GLA has No Renewal Options
- Well Maintained Building with Ample Surface Parking (101 Spaces)
- Established Tenant Mix: Healthcare, Legal, Real Estate, and US Government
- Heavily Trafficked, Wake Forest Road Frontage with Dedicated Signage
- New Roof Installed 2011 (20-Yr Warranty); 2-Rooftop HVAC Units (40-Ton 2013/30-Ton 2015)
- Potential Upside… Mark to Market and Recapture Reimbursements
- Less Than One (1) Mile to I-440 Interchange (Beltline)