919-576-2501
4904 Waters Edge Dr, Raleigh, NC for Sale
Office - FOR SALE
1/4
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4904 Waters Edge Dr
Raleigh, NC 27606
Southwest Raleigh


HIGHLIGHTS

  • Fully leased 15,337 RSF office asset
  • Occupied by 19 tenants under full service leases
  • Prime location in Southwest Raleigh, just 5 minutes from NC State University
  • Stable cash flow with NOI of $182,786 and OPEX of $7.65/SF
  • Excellent access to I-40, I-440, and U.S. Highway 70—connecting to RTP, Cary, and RDU
  • Strong submarket demographics

OVERVIEW

Lee & Associates Raleigh-Durham is pleased to present 4904 Waters Edge Drive, a fully leased 15,337 RSF office building situated on 1.44 acres in the southwest Raleigh submarket, five minutes from NC State University. This stabilized investment opportunity offers long-term income potential with a strong tenant base in place. Strategically located with convenient access to I-40, I-440, and major business hubs, the property benefits from excellent connectivity to the broader Triangle region. With its established occupancy, prime location, and strong market fundamentals, 4904 Waters Edge Drive is an attractive asset for investors seeking steady cash flow and long-term appreciation in a high-growth market. -- Fully leased 15,337 RSF office asset -- Occupied by 19 tenants under full service leases -- Prime location in Southwest Raleigh, just 5 minutes from NC State University -- Stable cash flow with NOI of $182,786 and OPEX of $7.65/SF -- Excellent access to I-40, I-440, and U.S. Highway 70—connecting to RTP, Cary, and RDU -- Two-story building on 1.44 acres with 38 on-site parking spaces plus street parking -- Strong submarket demographics -- Proximity to NC State University and Centennial Campus, WakeMed, Crossroads Plaza, and Fenton

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.44 AC

LAND SF

62,726 SF

ZONING

O&I-1

APN/PARCEL ID

0783.10-26-8961-000

ASK ABOUT THIS PROPERTY

Moss WithersLee & AssociatesMore Info
919-576-2501

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Moss WithersLee & AssociatesMore Info
919-576-2501

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