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Rabbit Run 7201 Rabbit Run 2,200 SF 100% Leased Office Building Wake Forest, NC 27587 $2,901,255 CAD ($1,318.75 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Geat Location, near US#1 and New HWY 98.
  • 3 acres, GREAT Place for Office, Assisted Living.
  • Visual from HWY, with frontage on old Hwy 98.

EXECUTIVE SUMMARY

3 Acres, Fronts on Old Hwy 96 West (200 plus feet, with access) and Rabbit Run. 1/4 Mile from NEW Hwy 98 to the west, 3/4 Mile to US#1 to the East.
Great Location for Medical, Convalescent Home, Assisted Living, BANK, ZONED working on Zoning to NB!
*************************WAKE COUNTY WILL Allow Retail or Office Space

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $52,499 $23.86
Other Income - -
Vacancy Loss - -
Effective Gross Income $52,499 $23.86
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $52,499
Annual Per SF $23.86
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $52,499
Annual Per SF $23.86
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Medical
Building Size
2,200 SF
Building Class
C
Year Built
1983
Price
$2,901,255 CAD
Price Per SF
$1,318.75 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,200 SF
Building FAR
0.02
Lot Size
3.00 AC
Zoning
R-40W - 3 Acres, working on Rezoning to NB
Parking
4 Spaces (1.82 Spaces per 1,000 SF Leased)
  • Listing ID: 24471883

  • Date on Market: 2021-11-11

  • Last Updated:

  • Address: 7201 Rabbit Run, Wake Forest, NC 27587

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