Building Details

Building Size 3,180 SF

Year Built 1920

Stories 2

Listing Agency: Century 21 Triangle Group s***@c21.com Show Phone

Listed By: Tram Anh Pham · License #323886 Show Phone

Source: Breezerealtynetwork

Added: Jul 21 Changed: Oct 30 Last Checked: Oct 29 at 6:34PM

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Investment Insights

Based on property information with market context.

A second-floor office unit is available for sublease in a building constructed in 1920. The property is zoned DC-1, and TICAM covers water, gas, and electricity. Sublease terms range from 1 to 3 years, with 3% annual escalations; a personal guarantee and financial statements are required.

The building is at 411 E Broad Street in Fuquay-Varina, within the downtown Varina area.

Key Highlights

• Second‑floor office unit offered for sublease
• TICAM includes water, gas, and electricity
• 1- to 3‑year sublease term with 3% annual escalations

Property Analytics

Current Use

Glory House Bridal Clothing & Fashion Store Live View Studios Wedding Service SupaBowlz Café- Fuquay-Varina Restaurant

Suggested Use

Top Pick Electrical Service Catering Service Plumbing Service Storage Facility Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Utilities to site

NNN (Triple Net)

Lease Type

$0.68 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

671

Businesses Nearby

Explore this area Business Placement

Demographics for 27526, NC

56,089

Population

22,612

Households

2.5

Avg Household Size

39

Median Age

46%

College-Educated

95%

High-School Grad

98.2 sq mi

ZIP Area

571

Density / Sq Mi

$105,055

Median Household Income

$54,786

Median Earnings

$1,591

Median Rent

$372,300

Median Home Value

Market

Lease Benchmarks for Fuquay Varina, NC

$8.54 /SF/Yr

Avg Asking Price

$4.91–$16.6 /SF/Yr

Price Range

2,775 SF

Avg Space Size

This space is priced 47% below the average of $8.54 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Frequently Asked Questions

What type of property is this?

Office unit - Sublease space in a downtown building with water, gas, and electricity covered through TICAM.

Where is this office unit located?

The property is located at 411 E Broad Street #D Fuquay Varina, NC.

What is the lease rate?

The lease rate is $1,200/Mo.

What are key features of this property?

This property features: Second‑floor office unit offered for sublease; TICAM includes water, gas, and electricity; 1- to 3‑year sublease term with 3% annual escalations