4904 Waters Edge Dr Raleigh, NC 27606
Property Features for 4904 Waters Edge Dr
General Information
- Size
- 15,337 SF
Source:
Lee-associates
Listing Agent: Moss Withers
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Fully Leased Raleigh Office Building
The property at 4904 Waters Edge Drive is a fully leased, two-story office building containing 15,337 rentable square feet. Situated on 1.44 acres, the property is located in the southwest Raleigh submarket, approximately five minutes from NC State University. The property is located within a designated Opportunity Zone. The building is occupied by 19 tenants under full service leases. The location provides convenient access to I-40, I-440, and U.S. Highway 70, connecting to RTP, Cary, and RDU. The property has 38 on-site parking spaces, plus street parking. The property is located in a professional office park at the Jones Franklin Road intersection with I-440 and has ample amenities nearby. The property's net operating income is $182,786, with operating expenses of $7.65 per square foot. Proximity to NC State University and Centennial Campus, WakeMed, Crossroads Plaza, and Fenton.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Renee Pugh
Social Worker
North Carolina Horse ...
Labor Union
Chet Adams Co
Factory Equipment Supplier
Foundations Family Therapy
Mental Health Clinic
The Dawson Center, PLLC
Child Psychologist
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.7206682
- Latitude
- 35.7744274
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Stabilized investment opportunity near NC State University.
Where is this office building located?
The property is located at 4904 Waters Edge Dr Raleigh, NC.
What are key features of this property?
This property features: - Fully leased 15,337 RSF office building providing stable cash flow with a NOI of $182,786.; - Prime location in Southwest Raleigh, only 5 minutes from NC State University, with excellent access to I-40 and I-440.; - Located within a designated Opportunity Zone, offering potential tax benefits and long-term appreciation.