Price Upon Req.82,779 SF
Property tours will be held by appointment only. Please contact either Scot Humphrey at 919-576-2687 or Justin Good at 919-987-1010 to schedule a tour.Auction.com, in conjunction with Cushman & Wakefield Thalhimer, is pleased to present the opportunity to acquire Palisades II, an 82,779 square foot, Class A office building in the fast-growing Raleigh, North Carolina market. Developed in 2005, Palisades II is located at 5410 Trinity Road in West Raleigh, one of Raleigh-Durham's largest and most stable suburban submarkets. Currently 82% occupied to a creditworthy tenant roster, Palisades II still offers plenty of upside as the West Raleigh submarket is currently 92% occupied after recording over 110,000 square feet of positive net absorption in 2014. This location is characterized for having outstanding accessibility throughout the market, offering convenient access to Interstate 40 (1.3 mi), Interstate 440 (2.5 mi), Downtown Raleigh (6.6 mi), RDU International Airport (7.5 mi) and the world-renowned Research Triangle Park (10.5 mi).
Somerset Park was constructed in 1987 and consists of four, two story office buildings totaling approximately 208,000 square feet. Each building is constructed of pre-cast concrete panels over a steel frame. Each lobby features glass curtain wall entrance ways and floating staircases. Parking for visitors is adjacent to the main entrance with the tenant parking conveniently located off the rear lobby entrance of each building. Full height windows on the first floor and second floor corners, combined with the nine foot finished ceiling height create an airy environment ideal for today' s open landscape office settings. Floor sizes ranging from 25,000 to 26,000 square feet provide excellent flexibility in accommodating tenants' needs. The compact, center core design provides efficient blocks for larger users and easy division for small tenants. Monument signs at each entrance identify the various tenants and benches in the landscaped island provide a pleasant outdoor setting for employees to meet and relax.
SunTrust Wakefield at 13341 Falls of the Neuse Road in Raleigh, North Carolina is an ideally located two-floor banking facility totaling 13,120 square feet. SunTrust Bank occupies the lower portion of the building (7,450 square feet) with Carlson Financial Services on the 2nd Floor with additional office space available for lease. Carlson Financial Services recently signed a 5-Year Lease and has been in Investment Advisory Services since 1996.
Price Upon Req.42,394 SF
EXPEDITED PATH TO TITLE - Advanced legal actions and relatively quick foreclosure process in North Carolina provide a loan purchaser the means to expeditiously acquire title to the mortgaged property through foreclosure. NEWER BUILDING IN CONVENIENT LOCATION - Attractive building of newer construction and reported to be in good overall condition. The property has good accessibility arising from it's location on US-1, the major corridor between Raleigh and Wake Forest, and it's close proximity to NC-98 Bypass, a major connector to Durham.
1,500 sf Brick ground floor level unit, built in 1999. New HVAC System Handicap accessible with parking in front. Unit 201 1,500 sf Vacant. $238,000. Dues: $146 mo. Taxes: $2,108. Lease Rate: $16.50 sf / $2,063 month. Electricity and janitorial additional. Water is included. Perfect for owner occupant. Layout: Reception with tile floor, workroom, conference/break room, four large windowed offices, and two baths. New carpet and paint. Move-in ready! Time Warner or DSL available. Wired for LAN.
2nd Floor office condo available for sale or lease. The condo is presently in cold shell condition, but there is a TI Allowance available. This office is ideally suited for medical use (the first floor is occupied by Triangle Gastroenterology).
Price Upon Req.12,000 SF
12,000 sf two-story brick office building available for sale or lease Located on a 0.67 acre lot with 39 parking spaces Built in 1984 by Bobbit Construction Company & zoned O&I-2 Steel and masonry construction with metal roof Fiber Optics to the building Time Warner available Irrigation system and extensive landscaping Lobby and elevator recently renovated Baths in common areas Two suites available consisting of 1,315 and 6,000 sf available Generous tenant upfit allowance available Large monument signage on Six Forks Road Rental Rate: $14.00 psf, net of suite janitorial Contact broker for sales pricing and operating expense information
19,200 sf free-standing flex warehouse building for sale or lease. Sale price: $850,000.00/ $44 sf. Taxes: $6,335. Rental rate: $5.50 sf nnn/ $1.09 ticam. Can subdivide. Built in 1979. Zoned industrial-1. 1.03 acres of land. Two story building. 100% cooled. Gas heat. 3-phase power. First floor: 9,600 sf with two drive-in doors. Mostly open plan with 10' drop ceilings. Second floor: 9,600 sf with heavy office buildout. 1,767 sf tenant on first floor through 10/31/15. Best use is office, lab, light assembly use.
19,500 sf free-standing flex warehouse building for sale or lease. Sale price REDUCED: $850,000 / $44 sf. Taxes: $6,059. Rental rate: $5.50 sf nnn $1.09 ticam. Can subdivide. Built in 1976. Zoned industrial-1. 0.90 acres of land. Two story building. 100% cooled. Gas heat. 3-phase power. First floor: 9,750 sf with one drive-in door. Mostly open plan with 8' 8 drop ceilings, 12' to the deck. Second floor: 9,750 sf with heavy office buildout. Best use is office, lab, light assembly use.
Rare, 1,375 sf small flex space for sale. Purchase Price: $137,500. Dues: $200 mo. Taxes: $1,244.62. Zoned industrial 1. Built out in 1989. Brick and steel construction. 100% heated and cooled. Gas heat. 75% office and 25% warehouse with rear 10 ft. drive-in door. Warehouse ceiling height 14 feet minimum. Open office plan for flexibility of use. Ample parking in front and sides of unit. Clearance for 18 ft. wheelers to make deliveries to the rear. AT&T and Time Warner service available. Cat 5 wiring. Building Signage.