3401 Carl Sandburg Court, Raleigh, NC 27610
Spacious office/medical building near Wake Medical Center.
- Added:
- May 7, 2020
- Days on Market:
- 2253
- Last Refresh:
- May 12 at 9:42 pm
Property Features for 3401 Carl Sandburg Court
General Information
- Standard status
- Active
- Size
- 15,814 SF
- Property subtype
- Office
Building Details
- Year Built
- 2002
Listing office Smith Pearson Realty (919) 661-8189
Listing date May 7, 2020
Source Xome
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 Smith Pearson Realty
HighLights
- Convenient location near Wake Medical Center and Wake County Health Department
- Spacious office building/medical facility
- Central Air conditioning
- Built in 2002
- 3 Guest Facilities
- No Pool
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 | $373.8k | $23.64 |
| − Vacancy | −$62.8k | −$3.97 |
| EGI | $311.0k | $19.67 |
| − OpEx | −$77.8k | −$4.92 |
| NOI | $233.3k | $14.75 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.5799745
- Latitude
- 35.780982
