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    FOR SALE
    Office buildings

    6300-6310 Chapel Hill Rd, Raleigh, NC 27607

    Built 2002
    Property ID
    US53-Q001679
    6300-6310 Chapel Hill Rd, Raleigh, NC 27607 For Sale 1 / 92
    $7,250,000
    6300-6310 Chapel Hill Rd, Raleigh, NC 27607
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    Property summary
    AI-generated overview

    West Mill Office Center offers investors a rare opportunity to acquire a 97% leased, multi-tenant office investment with durable in-place cash flow and a long-term occupancy track record. • 97% Leased Multi-Tenant Office Asset • Attractive Stable in-place yield with long-term Upside. • 30,613 SF building with a balanced tenant mix. • Anchored by two Long-Term Tenants who have been in the building since 2002 and 2011 respectively • Anchor tenants occupy 87% of the GLA and both have lease term running through 2032. • Overall WALE (economic) of 6.67 years • Strategic Location with Growth Drivers • Immediate access to I-40 and positioned near major development nodes including Fenton (2.5M SF) Lenovo Center District (3M SF planned) and Downtown Cary.

    Property profile
    Verified
    Property type Office buildings
    Year built 2002
    UPID US53-Q001679
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
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