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3 Condo Portfolio 3 Office Condos Offered at $1,292,099 CAD in Raleigh, NC
Executive Summary
Fully stabilized office condominium portfolio offered as a structured sale-leaseback investment in North Raleigh’s established Wind Chime corridor. The offering includes Suites 101 (544 SF), 102 (956 SF), and 104 (1,500 SF) totaling 3,000 SF.
At closing, the current owner will execute a new 10-year NNN lease covering the entire 3,000 SF at $5,500 per month ($66,000 annually) with 1.7% escalations annually after the first year, providing predictable long-term income from a committed, multi-location tenant.
The office is occupied by Developmental Therapy Associates, Inc., a well-established occupational and speech therapy provider founded in 1982 that serves children and adults throughout the Raleigh-Durham-Cary Triangle and beyond. With multiple clinic locations in the Triangle and a reputation as a leading provider of pediatric sensory integration, occupational, language and related therapy services, the tenant offers stability and local market credibility.
Offered as a three-unit condominium portfolio, delivering stable cash flow in a desirable North Raleigh office location.
At closing, the current owner will execute a new 10-year NNN lease covering the entire 3,000 SF at $5,500 per month ($66,000 annually) with 1.7% escalations annually after the first year, providing predictable long-term income from a committed, multi-location tenant.
The office is occupied by Developmental Therapy Associates, Inc., a well-established occupational and speech therapy provider founded in 1982 that serves children and adults throughout the Raleigh-Durham-Cary Triangle and beyond. With multiple clinic locations in the Triangle and a reputation as a leading provider of pediatric sensory integration, occupational, language and related therapy services, the tenant offers stability and local market credibility.
Offered as a three-unit condominium portfolio, delivering stable cash flow in a desirable North Raleigh office location.
Property Facts
| Price | $1,292,099 CAD | Status | Active |
| Price / SF | $438.30 CAD / SF | Number of Properties | 3 |
| Sale Condition | Sale Leaseback | Individually For Sale | 0 |
| Cap Rate | 7% | Total Building Size | 2,948 SF |
| Sale Type | Investment |
| Price | $1,292,099 CAD |
| Price / SF | $438.30 CAD / SF |
| Sale Condition | Sale Leaseback |
| Cap Rate | 7% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 2,948 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 186 Wind Chime Ct, 1st Floor - Unit 104, Raleigh, NC 27615 | Office Condo | 1,448 SF | 1996 | - |
| 186 Wind Chime Ct, 1st Floor - Unit 102, Raleigh, NC 27615 | Office Condo | 956 SF | 1996 | - |
| 186 Wind Chime Ct, 1st Floor - Unit 101, Raleigh, NC 27615 | Office Condo | 544 SF | 1996 | - |
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