For Sale
$449,000

4040 Barrett DrRaleigh, NC 27609

2,000 SF Traditional Office Condo, For Sale

Overview

Added:
Dec 11, 2024
Days on market:
121
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.

Property Details for 4040 Barrett Dr

Property type
Office properties
Square Feet
2,000 SF
Units
2

Location Insight

City
Raleigh
County
Wake
State
North Carolina
Latitude
35.8313996
Longitude
-78.630174
4040 Barrett Dr, Raleigh, North Carolina

FAQs

What type of property is this?
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.
How can I contact the broker?
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4040 Barrett Dr
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