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204 Capcom Ave 32,000 SF Flex Building Wake Forest, NC 27587 For Sale

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INVESTMENT HIGHLIGHTS

  • ±32,000 SF Class A Flex/R&D Facility (±21,000 SF office | ±11,000 SF warehouse)
  • 24’ clear height & clear span in warehouse
  • Heavy power capacity & fully sprinkled supporting advanced manufacturing and R&D
  • Ability to demo ±10,000 SF of office, increasing warehouse footprint by ~50%
  • Institutional quality asset offered below replacement cost
  • 5.15-acre site with potential for expansion or screened outdoor storage

EXECUTIVE SUMMARY

±32,000 SF Class A Flex/R&D facility in Wake Forest, NC. Built in 2010 to a high institutional standard, the property features ±21,000 SF of premium office space and ±11,000 SF of clear-span warehouse with 24’ clear height, dock-high loading, and an oversized drive-in. Currently leased through June 2027 to one of the top defense contractors in the world, providing 2 years of secured rental income. The tenant is consolidating its national footprint into a new $2B state-of-the-art campus in Ohio and has the property actively listed for sublease, creating an opportunity for an owner operator to occupy the facility from day one. The ±5.15-acre site also offers expansion or screened outdoor storage potential. Offered below replacement cost, with recent submarket trades supporting $260–$275/SF pricing.

PROPERTY FACTS

Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Light Manufacturing
  • Flex Research & Development
  • Industrial Warehouse
  • FlexLight Distribution
Building Class B
Lot Size 5.15 AC
Rentable Building Area 32,000 SF
No. Stories 2
Year Built 2010
Tenancy Single
Parking Ratio 2.8/1,000 SF
Clear Ceiling Height 24’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1
Cross Streets S Main St
Zoning HB - Highway Business

AMENITIES

  • Conferencing Facility
  • Mezzanine
  • Security System
  • Signage
  • Listing ID: 37413263

  • Date on Market: 2025-08-25

  • Last Updated:

  • Address: 204 Capcom Ave, Wake Forest, NC 27587

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