Two-Story Education
8701 Wadford Drive Raleigh, NC 27616
For Sale
Contact for pricing
Pending
Two-story Strayer University property is on 12.54 acres, with a 10-year base lease and about 1.5 years remaining.
Property Size17,600 SF
Lot Size2.54 Acres
Days on Market104
Property Features for 8701 Wadford Drive
General Information
- Standard status
- Pending
- Size
- 17,600 SF
- Lot size
- 2.54 Acres
- Property subtype
- Office, Retail
Listing Agency:
Avison Young - Raleigh Durham
Listed By:
Michael Vulpis · License #222157
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 1:14PM
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 Avison Young - Raleigh Durham
Investment Insights
Based on property information with market context.
Avison Young is pleased to offer for sale a Strayer University property located at 8701 Wadford Drive in Raleigh, North Carolina. The site totals 12.54 acres and includes a two-story building totaling 17,600 square feet.
The property is currently leased to Strayer University under a 10-year base lease term with approximately 1.5 years remaining. The tenant indicated it no longer needs to occupy the entire building and may consider a lease extension if it can occupy a smaller space within the building.
The building was originally constructed so that common elements are vertically stacked, which is intended to support an easier multi-tenant application. The property is also presented as a redevelopment option for conversion into a multi-tenant or owner-user building.
The property is currently leased to Strayer University under a 10-year base lease term with approximately 1.5 years remaining. The tenant indicated it no longer needs to occupy the entire building and may consider a lease extension if it can occupy a smaller space within the building.
The building was originally constructed so that common elements are vertically stacked, which is intended to support an easier multi-tenant application. The property is also presented as a redevelopment option for conversion into a multi-tenant or owner-user building.
Key Highlights
- 17,600 SF, two‑story Strayer University property on 12.54 acres at 8701 Wadford Drive, Raleigh, NC
- Tenant operates under a 10‑year base lease with approximately 1.5 years remaining
- Tenant indicated it may consider a lease extension if it can occupy a smaller space within the building
Property Analytics
Location Intelligence
Current Use by Public Records
Care One Health ...
Vocational School
FAQs
What type of property is this?
School - Two-story Strayer University property is on 12.54 acres, with a 10-year base lease and about 1.5 years remaining.
Where is this school located?
The property is located at 8701 Wadford Drive Raleigh, NC.
What are key features of this property?
This property features: 17,600 SF, two‑story Strayer University property on 12.54 acres at 8701 Wadford Drive, Raleigh, NC; Tenant operates under a 10‑year base lease with approximately 1.5 years remaining; Tenant indicated it may consider a lease extension if it can occupy a smaller space within the building