3803 Computer Dr B, Raleigh, NC 27609-6541
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.
-
Priest Craven & Associates Engineer Land Surveyor
-
Diva's Hair Care Hair Salon
-
James Jiwen Chun Dental Office
-
Amanda L. Nehilla, OT Physician
-
Kaitlyn Mortimer Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
OX-3 · Raleigh, NCRaleigh. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.