Single-Tenant Warehouse Building
- Photos
- Map
.JPG "Photo of Single-Tenant Warehouse Building")
Click Here to Enlarge Image
(13).JPG "Photo of Single-Tenant Warehouse Building")
Click Here to Enlarge Image
.JPG "Photo of Single-Tenant Warehouse Building")
Click Here to Enlarge Image
(3).JPG "Photo of Single-Tenant Warehouse Building")
Click Here to Enlarge Image
.JPG "Photo of Single-Tenant Warehouse Building")
Click Here to Enlarge Image
Additional Images: 1 2 3 4 5
$1,050,000.00
Address
2809 Superior DriveWake Forest, NC 27587
Overview
This warehouse is the newspaper distribution center for the NE Raleigh and Wake Forest routes of the Raleigh News and Observer. The building was built for the N&O in 2002 and is located just off Capital Blvd, 4 miles north of I-540.
- Approximately $100,000 NOI and 9.5% cap rate
- 8 years remaining on lease
- 3% annual escalations
- N&O is owned by The McClatchy Company
Additional Information:
Unit Information
| Unit | Size | Type | 2010 Rent | Lease Exp |
|---|---|---|---|---|
| 2809 Superior | 9,990 SF | 8,734 SF WH, 1,256 SF OFF | $109,909 ($9,159/mo) | 12/31/17 |
Property Information
- PIN
- 1739725562
- Tax Value
- $587,010
- Taxes
- $6,128.38
- Lot Size
- 1.50 ACRES
- Year Built
- 2002
- Insurance
- $961
- Exterior
- BLOCK, METAL
- Foundation
- SLAB
- HVAC
- WAREHOUSE AND OFFICE
- Ceilings
- +/- 15 FT
- Bay Doors
- 4 DRIVE-UP, 3 DRIVE-IN, 1 LOADING DOCK
- Utilities
- Paid by tenant