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Tech II 141 Technology Dr 9,780 SF 100% Leased Office Building Garner, NC 27529 $3,032,326 CAD ($310.05 CAD/SF)


EXECUTIVE SUMMARY
Here is a great opportunity in a stellar location to purchase an office/retail condo in a rapidly developing area. Located on Technology Drive adjacent to exit 312 at Veteran's Parkway (formerly known as 40/42) ,'Tech II' is visible to thousands of vehicles that pass by it daily on I 40 E. This location is a busy commercial area on the border of Wake and Johnston County. The building has 10 units. 8 of the units are currently leased and two are currently vacant. One of the current tenants has converted 4 units into one unit. This property is zoned for commercial business and plenty of opportunity exists at this location with the ability to expand. Current businesses that are leasing space in Tech II include a restaurant, counseling center, a home builder, and a home staffing agency. The University Lights Store located directly in front of ''Tech II'' is also available (143 Technology Drive). Both units can be sold together or separately.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
9,780 SF
Building Class
C
Year Built
1997
Price
$3,032,326 CAD
Price Per SF
$310.05 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,780 SF
Building FAR
0.33
Lot Size
0.68 AC
Zoning
COM
Parking
26 Spaces (2.66 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Air Conditioning
1 1
PROPERTY TAXES
| Parcel Number | 06E02001O | Improvements Assessment | $1,115,133 CAD |
| Land Assessment | $488,964 CAD | Total Assessment | $1,604,097 CAD |
PROPERTY TAXES
Parcel Number
06E02001O
Land Assessment
$488,964 CAD
Improvements Assessment
$1,115,133 CAD
Total Assessment
$1,604,097 CAD
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Tech II | 141 Technology Dr
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