701 Mutual Ct - Office CONDO FOR SALE


Raleigh, NC 27615
$2,100,000 USD
919-612-9885
701 Mutual Ct, Raleigh, NC for Sale
$2,100,000 USD
Office CONDO - FOR SALE
1/60
null | Request Cap Rate

701 Mutual Ct
Raleigh, NC 27615


HIGHLIGHTS

  • High Visibility
  • Lots of Windows with Natural Light and a Break Room
  • Open Floor Plan with individual offices on the left and right side of the building.

OVERVIEW

Prime Commercial Opportunity: Suite 100 at 701 Mutual Court, Raleigh, NC Discover this exceptional property in the heart of North Raleigh, offering a unique opportunity for ownership in a thriving market. Property Highlights: • Suite 100: Entire first floor of an 8,068 sq. ft. building. Suite 100 boasts 4,034 sq. ft. of premium space, formerly a Union Bank Building (restrictions apply: cannot operate as a bank for 5 years). This suite is currently vacant and on the market for lease for $29 Sq. Ft. plus $3.50 TICAM. • Location: Situated off Falls of Neuse Road and Strickland Road, near Hwy 540 in the bustling North Raleigh area. Location Features: • Demographics: o 68,972 residents within a 3-mile radius. o 31,015 households within a 3-mile radius. o Median home value: $401,515 (within a 2-mile radius). • Traffic and Accessibility: Approximately 13,000 vehicles pass daily, ensuring visibility and convenience. • Just 9 miles to Downtown Raleigh and 12 miles to RDU International Airport. • Go Raleigh bus stop located in the cul-de-sac directly in front of the property. Investment Details: • Wake County Tax Value for the entire building is: $3,196,680 • Parcel ID: 1708908294. • Zoning: Office Mixed Use (OX-4). Why Choose 701 Mutual Court? • Prime Location: Set in a high-growth area of Raleigh, part of the dynamic Research Triangle region. • Unmatched Potential: Perfect for a business owner or investor looking to lease or utilize premium office space in a high-demand area. • Thriving Market: Positioned to benefit from Raleigh's booming real estate and business environment. Don’t miss out on the opportunity to own a premier property in one of North Carolina’s most desirable cities. Schedule a showing today!

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$521 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

8,068 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.79 AC

LAND SF

77,972 SF

ZONING

OX-4

APN/PARCEL ID

1708.20-90-8294-000

ASK ABOUT THIS PROPERTY

Steve GilloolyGillooly & Associates Realty, LLCMore Info
919-612-9885

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

Steve GilloolyGillooly & Associates Realty, LLCMore Info
919-612-9885

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