This exceptional 2,000-square-foot traditional office condo in Raleigh, NC, is ideally situated at 4040 Barrett Dr, 27609, offering a fantastic owner-user opportunity. Located on the second floor, this property features six private offices, a conference room, a reception area, a workspace, a breakroom, and a restroom. Currently 100% occupied by a law firm with a lease expiring June 30, 2025 (approximately 0.6 years remaining), the tenant has indicated willingness to vacate upon sale, providing flexibility for the new owner. The annual rent is $32,144. Tenant responsibilities include electricity, janitorial services, and interior pest control. Landlord responsibilities encompass property taxes, insurance, quarterly association dues ($1300), HVAC and plumbing maintenance and repairs, with water included in the association dues. The asking price is $449,000, representing a price per square foot of $224.50. This is a single-tenant, modified lease property with a total of two units in the building. The sale is offered by the owner. This presents a unique opportunity to acquire a well-maintained, centrally located office space in a thriving Raleigh market.
Office property - 2,000 SF Traditional Office Condo, For Sale
Where is the office property located?
The property is located at 4040 Barrett Dr Raleigh, NC.
What is the asking price?
The asking price for this property is $449,000.
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Contacts
Colin C. Brown, SIOR
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Barrett Dr Raleigh, NC 27609
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Barrett Dr Raleigh, NC 27609
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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4040 Barrett Dr
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