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5720 Creedmoor Rd - The Cascade Condominiums 2,027 SF Office Condo Unit Offered at $938,432 CAD in Raleigh, NC 27612



Investment Highlights
- Fully furnished ±2,027 SF condo for sale near the intersection of Creedmoor Road and West Millbrook Road
- Building interior and exterior recently updated
- OA Dues: $1,483 per month - water & utilities included
- Highly visible location with prominent signage on road with 30,500+ vehicles per day
- Condo consists of four private offices, conference room, kitchenette, one restroom and one full bath with shower
Executive Summary
Office condo for sale in North Raleigh on Creedmoor Road. The property is located on Creedmoor Road (NC Hwy 70) near the intersection of West Millbrook Road, approximately one mile north of Glenwood Avenue and within ten minutes of RDU International Airport. The building is highly visible with prominent building and monument signage.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Office condo for sale in North Raleigh on Creedmoor Road. The building is highly visible with prominent building and monument signage.
Sale Notes
Fully furnished ±2,027 SF condo for sale near the intersection of Creedmoor Road and West Millbrook Road
Four private offices, conference room, kitchenette, one restroom and one full bath with shower
Highly visible location with prominent signage on road with 30,500+ vehicles per day
Building interior and exterior recently updated
OA Dues: $1,483 per month - water & utilities included
Four private offices, conference room, kitchenette, one restroom and one full bath with shower
Highly visible location with prominent signage on road with 30,500+ vehicles per day
Building interior and exterior recently updated
OA Dues: $1,483 per month - water & utilities included
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 205 | 2,027 SF | Office | $938,432 CAD ($462.97 CAD/SF) | - |
Unit 205
| Unit Size |
| 2,027 SF |
| Condo Use |
| Office |
| Price |
| $938,432 CAD ($462.97 CAD/SF) |
| NOI |
| - |
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Unit 205
| Unit Size | 2,027 SF |
| Condo Use | Office |
| Price | $938,432 CAD ($462.97 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Office condo for sale in North Raleigh on Creedmoor Road. The building is highly visible with prominent building and monument signage.</li></ul> | |
| Sale Notes | |
| Fully furnished ±2,027 SF condo for sale near the intersection of Creedmoor Road and West Millbrook Road<br> Four private offices, conference room, kitchenette, one restroom and one full bath with shower<br> Highly visible location with prominent signage on road with 30,500+ vehicles per day<br> Building interior and exterior recently updated<br> OA Dues: $1,483 per month - water & utilities included</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 17,499 SF | Typical Floor Size | 8,617 SF |
| Property Type | Office (Condo) | Year Built | 2006 |
| Property Subtype | Medical | Lot Size | 1.00 AC |
| Building Class | B | Parking Ratio | 2.91/1,000 SF |
| Floors | 2 | ||
| Zoning | OICU - Office and Institutional | ||
| Total Building Size | 17,499 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 8,617 SF |
| Year Built | 2006 |
| Lot Size | 1.00 AC |
| Parking Ratio | 2.91/1,000 SF |
| Zoning | OICU - Office and Institutional |
Amenities
- Bus Line
- Signage
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| NextGen Interactions |
-
|
Jan 0000
|
| Favour Homes, LLC |
-
|
Jan 0000
|
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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5720 Creedmoor Rd - The Cascade Condominiums
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