5560 Munford Rd - Office FOR SALE


Raleigh, NC 27612
$3,995,238 USD
919-600-2397
5560 Munford Rd, Raleigh, NC for Sale
$3,995,238 USD
Office - FOR SALE
1/6
null | 8% Cap Rate

5560 Munford Rd
Raleigh, NC 27612


HIGHLIGHTS

  • Convenient and central location in professional setting
  • Building has an elevator
  • The property is adjacent to Pleasant Valley Promenade Shopping Center, 1.5 miles west of Crabtree Valley and minutes from I-440 and I-540.

OVERVIEW

Fully leased office condos for sale in multitenant office building in the convenient and centralized Glenwood/Creedmoor submarket. The 24,783 SF, two-story office building with brick and glass exterior has surface parking and sits within walking distance to shopping, banks, and restaurants. The property is adjacent to Pleasant Valley Promenade Shopping Center, 1.5 miles west of Crabtree Valley and minutes from I-440 and I-540. 9,187 SF available in seven condo suites 100% leased with a three year WALT, with annual escalations and renewals in place Building has an elevator 4.0 per 1,000 SF parking ratio Built in 2008, OX-3 Zoning Convenient and central location in professional setting

FOR SALE DETAILS

PRICE

$3,995,238 USD

PRICE/SF

$160 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Professional Park at Pleasant Valley

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

4 AC

LAND SF

174,240 SF

ZONING

OX-3

APN/PARCEL ID

0786.12-87-8298-000

ASK ABOUT THIS PROPERTY

Stone AlexanderLee & AssociatesMore Info
919-600-2397

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Stone AlexanderLee & AssociatesMore Info
919-600-2397

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