For Sale
Call for price

3803 Computer DrRaleigh, NC 27609

10,780 SF, NNN Lease, Strong Tenants

Overview

Added:
Dec 11, 2024
Days on market:
116
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.

Highlights

  • Exceptional two-story, 10,780 SF retail building on a 0.95-acre lot in Raleigh, NC.
  • Triple-net (NNN) leased to strong tenants: Renaissance Dental Center, Wells Orthodontics, and North Hills Dentistry.
  • Well-maintained building, extensively renovated in 2016, with ample parking (3.75 spaces/1,000 SF).
  • Prime location in Wake County (zip code 27609) offering high visibility and accessibility.
  • Strong financial performance with a current NOI of $377,300.

Property Details for 3803 Computer Dr

Property type
Retail properties
Square Feet
10,780 SF
Year Built/Renovated
1985/2016
Stories
2
Lot Size (sq. ft)
41,382 SF

Location Insight

City
Raleigh
County
Wake
State
North Carolina
Latitude
35.8330622
Longitude
-78.6333157
3803 Computer Dr, Raleigh, North Carolina

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3803 Computer Dr
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