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    3803 Computer Dr Raleigh, NC 27609

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    For Sale
    Contact for pricing

    10,780 SF, NNN Lease, Strong Tenants

    Property size:
    10,780 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional two-story retail property, located at 3803 Computer Drive in Raleigh, North Carolina, presents a compelling investment opportunity. The 10,780 square foot building sits on a 0.95-acre lot and boasts a strong tenant roster including Renaissance Dental Center, Wells Orthodontics, and North Hills Dentistry, all operating under a triple-net (NNN) lease structure. Built in 1985 and extensively renovated in 2016, the property is well-maintained and offers ample parking with a ratio of 3.75 spaces per 1,000 square feet. The building's prime location in Wake County, zip code 27609, ensures high visibility and accessibility for tenants and customers. The property's current Net Operating Income (NOI) stands at $377,300, demonstrating its strong financial performance and potential for future growth. This is an excellent opportunity to acquire a stable, high-performing retail investment in a thriving North Carolina market. The property's size, tenant mix, and location make it an attractive asset for discerning investors seeking a reliable income stream and significant return on investment. The property is offered for sale and presents a rare chance to acquire a well-established retail center in a desirable location.

    Property Features for 3803 Computer Dr

    General Information

    Property type
    Retail properties
    Square Feet
    10,780 SF
    Lot Size
    41,382 SF

    Building Details

    Year Built/Renovated
    1985/2016
    Stories
    2

    HighLights

    • Exceptional two‑story, 10,780 SF retail building on a 0.95‑acre lot in Raleigh, NC.
    • Triple‑net (NNN) leased to strong tenants: Renaissance Dental Center, Wells Orthodontics, and North Hills Dentistry.
    • Well‑maintained building, extensively renovated in 2016, with ample parking (3.75 spaces/1,000 SF).
    • Prime location in Wake County (zip code 27609) offering high visibility and accessibility.
    • Strong financial performance with a current NOI of $377,300.
    Property Profile Location Intelligence

    Current Use by Public Records

    Priest Craven & Associates Land Surveyor Diva's Hair Care Hair Salon James Jiwen Chun Dentist Amanda L. Nehilla, ... Occupational Therapist Kaitlyn Mortimer Speech Pathologist

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Realty agency Nail Salon Building Supply Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.6333157
    Latitude
    35.8330622

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    FAQs

    What type of property is this?
    Retail property - 10,780 SF, NNN Lease, Strong Tenants
    Where is this retail property located?
    The property is located at 3803 Computer Dr Raleigh, NC.
    What are key features of this property?
    This property features: Exceptional two-story, 10,780 SF retail building on a 0.95-acre lot in Raleigh, NC.; Triple-net (NNN) leased to strong tenants: Renaissance Dental Center, Wells Orthodontics, and North Hills Dentistry.; Well-maintained building, extensively renovated in 2016, with ample parking (3.75 spaces/1,000 SF).
    Request Owner's contact information
    3803 Computer Dr Raleigh, NC 27609
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    Raleigh, NC 27609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3803 Computer Dr Raleigh, NC 27609
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