1904 s Main Street, Wake Forest, NC 27587
Medical office space in a rapidly developing area.
- Added:
- Mar 3, 2026
- Days on Market:
- 123
- Last Refresh:
- Mar 16 at 2:12 pm
Property Features for 1904 s Main Street
General Information
- Standard status
- Active
- Size
- 2,093 SF
- Property subtype
- Office
Listing office NAI Tri Properties
Listing date Mar 3, 2026
Source Crexi
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 NAI Tri Properties
HighLights
- Fully built out medical office space
- Located in a rapidly developing corridor
- Excellent visibility
- Convenient location: under 3 miles from Downtown Wake Forest
- Easy commuting options: less than 1 mile from US‑1 (Capital Boulevard)
- Close to a variety of amenities
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.5k | $24.60 |
| − Vacancy | −$8.6k | −$4.13 |
| EGI | $42.8k | $20.47 |
| − OpEx | −$10.7k | −$5.12 |
| NOI | $32.1k | $15.35 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wake Forest
- County
- Wake
- State
- North Carolina
- Longitude
- -78.5297946
- Latitude
- 35.9511073
