3721 Benson Dr - Office FOR SALE


Raleigh, NC 27609- North Hills
$398,000 USD
919-628-4663
3721 Benson Dr, Raleigh, NC for Sale
$398,000 USD
Office - FOR SALE
1/27
null | Request Cap Rate

3721 Benson Dr
Raleigh, NC 27609
North Hills


HIGHLIGHTS

  • Prime Midtown Location: Conveniently located in the heart of Raleigh, offering excellent visibility and easy access for clients and employees.
  • Functional Layout: Features 8 private offices (one currently used as a conference room) plus a conditioned walk-in storage basement.
  • Income-Producing Opportunity: Currently generates $3,200 per month from individually rented offices, with potential for rental rate increases.
  • Flexible Ownership Options: Tenants have been notified but some may wish to stay, allowing flexibility for owner-occupancy, continued rental income, o
  • Low Carrying Costs: COA dues are $268.50 per month; covenants and association documents are available upon request.
  • Seller Financing Available: Attractive financing option directly from the seller — plus floor plans available upon request and a new marketing brochur

OVERVIEW

Midtown office condo conveniently located in the heart of Raleigh! This location offers plenty of opportunity to expand your business. Consists of 8 offices with one currently being used as a conference room. Conditioned walk-in storage basement area. Currently bringing in $3200 monthly from the offices being rented individually. Tenants have been provided notice, but some may wish to remain, there is opportunity for rent growth if you want to keep renting the offices individually like this owner has done for years. COA dues are $268.50 and we can share a copy of covenants/docs if requested. Roof & HVAC age not known. Downstairs is mainly LVP in the common areas with carpet, laminate and hardwoods in other areas. Upstairs is carpet. Floor plans available upon request; new brochure is forthcoming. SELLER FINANCING AVAILABLE!

FOR SALE DETAILS

PRICE

$398,000 USD

PRICE/SF

$244 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

2.03 AC

LAND SF

88,221 SF

ZONING

OX-3

APN/PARCEL ID

1715.06-28-7927-042

ASK ABOUT THIS PROPERTY

Thomas IuliucciNorthside RealtyMore Info
919-628-4663

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Thomas IuliucciNorthside RealtyMore Info
919-628-4663

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