3211 Bramer Dr - Showroom FOR SALE


Raleigh, NC 27604- North Hills
$4,249,000 USD
984-205-7341
3211 Bramer Dr, Raleigh, NC for Sale
$4,249,000 USD
Showroom - FOR SALE
1/23
null | Request Cap Rate

3211 Bramer Dr
Raleigh, NC 27604
North Hills


HIGHLIGHTS

  • Opportunity to own a well-maintained, turnkey 23,625-SF building on 1.62 acres for a charter school/childcare or be transformed for various uses
  • Features over 50 individual rooms as classrooms/offices, a state-of-the-art kitchen, and four rear garage doors for storage and shipping/receiving.
  • Easily accessible location via Highway 440 and Atlantic Avenue while just steps away from Go Triangle Bus Route.
  • Situated in the east end of fast-developing Midtown Raleigh with a growing population, high-quality workforce, and easy access to major markets.
  • Vacant property built in 1969, renovated in 1993 with masonry/steel construction and 26 parking spots.
  • Sale price: $4.25 million | Lease rate: $16 NNN

OVERVIEW

3211 Bramer Drive offers the opportunity to own and occupy flexible industrial space in the east end of the fast-developing Midtown Raleigh. This 23,625-square-foot building was recently vacated by Torchlight Academy, an award-winning charter school that operated for 20 years, focusing on the development of students in kindergarten through fifth grade. The building comprises masonry and steel construction and features an industrial-grade kitchen with an excellent health department grading, a spacious floor plan for an event space area, four rear garage doors, and signage opportunities. 3211 Bramer Drive can seamlessly be transitioned to another charter school or a childcare facility, ready for an immediate move-in. The former charter school can also be transformed for a variety of other uses, perfect for small contractors, personal service providers, creators, food truck operators, and more. This site is situated on 1.62 acres and can easily be developed into a multi-use office park. The sale price is $4.25 million, equating to $180 per square foot. Within 3 miles of Raleigh's North Hills and neighboring Midtown, 3211 Bramer Drive is easily accessible via Highway 440 and Atlantic Avenue. With a short, 5-mile commute from Downtown Raleigh or steps away from the Go Triangle Bus Route, 3211 Bramer Drive is ideal for commuters. Raleigh has a diverse market with typical users such as logistics and e-commerce companies, as well as a large number of high-tech users, including pharmaceutical, life science, and clean-tech firms. With a fast-growing population, high-quality workforce, and easy access to other major markets from Interstates 95, 85, and 40, the Raleigh metro has successfully attracted expansions from major tenants like Amazon, FUJIFILM, Diosynth Biotechnologies, and Lowe's in the past few years. 3211 Bramer Drive is primed to offer an ideal investment or development opportunity.

FOR SALE DETAILS

PRICE

$4,249,000 USD

PRICE/SF

$180 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Torchlight Academy

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.62

LAND SF

70,567

ZONING

IX-3

APN/PARCEL ID

1715.11-66-5287-000

ASK ABOUT THIS PROPERTY

Trey NavoMedalist CapitalMore Info
984-205-7341

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Trey NavoMedalist CapitalMore Info
984-205-7341

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