1500 Sunday DrRaleigh, NC 27607

Property Details for 1500 Sunday Dr

Year built

2000

Construction

BRICK

Lot size

2.95 AC

Property size (Sq ft)

62,916 SF

Zone code

IX-3

Property type

Office properties

Property subtype

Office buildings

APN

0774.12-96-6087 0243021

APU

774129660870243021

Description

Sunday Drive in Raleigh, NC, offers exceptional Class A executive office space within a well-established office park. This prestigious building, constructed in 2000, boasts a total of 61,227 square feet and currently has 9,176 square feet of vacant space available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 1,975 square feet to a maximum contiguous space of 4,567 square feet, providing flexibility for businesses of various sizes. The property is located at 1500 Sunday Dr, Raleigh, NC 27607, in Wake County, offering convenient access to the city's amenities and transportation networks. The building's "A" classification signifies its high-quality construction, modern amenities, and desirable location. This presents a unique opportunity for businesses seeking a prestigious and functional workspace in a thriving area. The available space is ideal for companies looking to establish a strong presence in Raleigh's dynamic business environment. Interested parties are encouraged to inquire about lease terms and availability for these exceptional executive office suites.

• CAP approach

  CAP return

  Valuation

  6%

  $15,250,461

  6.5%

  $14,077,349

  7%

  $13,071,824

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,655,219

  Geo Method

  $14,441,739

• Alternative Use

  Use

  Valuation

  Residential

  $17,455,912

  Hospitality

  $15,989,522

  Educational

  $13,303,094

  Medical

  $13,760,608

  Retail

  $20,693,702

Location Insight

City

Raleigh

County

Wake

State

North Carolina

Latitude

35.7991

Longitude

-78.7313

CBSA code

39580

CBSA name

RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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