Leased Office Building
For Sale
Contact for pricing
Pending
401 Central Ave, Butner, NC 27509
2,036 SF office building leased to the State of North Carolina, offering owner-occupant or investor flexibility.
Property Size2,036 SF
Days on Market112
Property Features for 401 Central Ave
General Information
Standard status
Pending
Size
2,036 SF
Property subtype
Office
Building Details
Tenancy
Single
Listing Agency:
SVN | Tar Heel Commercial Realty
Listed By:
Jay Taylor · License #167304
Source:
Crexi
Added: Apr 11
Changed: Jul 22
Last Checked: Jul 30 at 8:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Tar Heel Commercial Realty
Investment Insights
Based on property information with market context.
This 2,036 SF office building was formerly operated as a bank branch and is currently leased to the State of North Carolina. The property is described as an owner-occupant or investor opportunity, with the tenant in place for more than 13 years. A short-term lease is noted, which could allow a new owner to re-negotiate terms with the tenant or take over the building for owner occupancy.
Located on Central Ave in downtown Butner, the surrounding area is described as a mix of residential and industrial uses, including light industrial properties and service businesses nearby. The property is positioned about 20 miles north of the Research Triangle area.
The offering includes a single office building with an existing long-term tenant relationship, supporting the stated goal of either stabilized income or eventual owner use based on lease timing.
Located on Central Ave in downtown Butner, the surrounding area is described as a mix of residential and industrial uses, including light industrial properties and service businesses nearby. The property is positioned about 20 miles north of the Research Triangle area.
The offering includes a single office building with an existing long-term tenant relationship, supporting the stated goal of either stabilized income or eventual owner use based on lease timing.
Key Highlights
- 2,036 SF office building formerly a bank branch
- Leased to the State of North Carolina
- Tenant has been in place for over 13 years
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
Explore this area
Business Placement
Demographics for 27509, NC
7,650
Population
1,482
Households
5.2
Avg Household Size
39
Median Age
12%
College-Educated
71%
High-School Grad
14.7 sq mi
ZIP Area
520
Density / Sq Mi
$70,886
Median Household Income
$22,782
Median Earnings
$1,177
Median Rent
$207,000
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - 2,036 SF office building leased to the State of North Carolina, offering owner-occupant or investor flexibility.
Where is this office building located?
The property is located at 401 Central Ave Butner, NC.
What are key features of this property?
This property features: 2,036 SF office building formerly a bank branch; Leased to the State of North Carolina; Tenant has been in place for over 13 years
