For Sale
$2,548,000

1001 Stadium DrWake Forest, NC 27587

Class A medical office building, 10,192 SF.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Class A medical office building, located at 1001 Stadium Dr in Wake Forest, NC, presents a unique investment opportunity. The 10,192 square foot building is currently priced at $2,548,000, translating to $250 per square foot. The property boasts a desirable 5.5 parking spaces per 1,000 square feet ratio, ensuring ample parking for patients and staff. Currently housing Wake Forest Dental Arts and Avance Primary Care, this building offers a strong existing tenant base. The strategic location near the intersection of Capital Boulevard and Stadium Drive provides excellent visibility and accessibility, with the added benefit of proximity to the Wake Forest Crossing Shopping Center, enhancing convenience for patients and employees. Further development potential exists with approved shell plans for an additional 2,962 square feet already in hand, allowing for customization and expansion to meet specific needs. This ready-to-build condo pad site is also available for lease or sale, presenting a flexible option for potential buyers. Tenant improvement allowances are available for credit-worthy tenants. This property represents a compelling investment in a thriving medical market. The zip code is 27587, and the property is situated in Wake County.

Highlights

  • Condo pad site available for lease or sale.
  • 10,192 SF Class A medical office building.
  • 2,962 SF expansion with approved shell plans.
  • Ready-to-build expansion space.
  • Customizable floor plans available.
  • 5.5 parking spaces per 1,000 SF.

Property Details for 1001 Stadium Dr

Property type
Office properties, Medical offices
Square Feet
10,192 SF
Class
A

Location Insight

City
Wake Forest
County
Wake
State
North Carolina
Latitude
35.9897949
Longitude
-78.5279725
1001 Stadium Dr, Wake Forest, North Carolina

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1001 Stadium Dr
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