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7780 Brier Creek Pky
Raleigh, NC 27617
Alexander Office Park Building 1 · Office Property For Sale
·
56,679 SF
Investment Highlights
- Prominent Location in Brier Creek
- Near airport, convenient to I-40, 540 & 70
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 7.00% |
| Sale Type | Investment |
| Cap Rate | 7.00% |
Description
This investment opportunity is located in the highly desirable Brier Creek area, offering strong connectivity and established tenant stability. Positioned near the Raleigh-Durham International Airport with convenient access to major highways including I-40, I-540, and U.S. 70, this property provides exceptional accessibility for business operations across the Triangle region.
Sale Notes
The offering includes two office suites designed with abundant natural light, fostering a productive and comfortable work environment. These suites are occupied by two reputable long-term tenants, delivering a stable income stream and minimizing investor risk. Current tenants include Heritage Audiology and S&S Service Group.
With a total Net Operating Income of $113,469.36 and a pricing of $1,621,000, the property presents investors with an attractive cap rate and predictable cash flow. Lease terms extend through December 2028 and December 2035 for the respective suites, positioning this as a secure, income-generating asset.
With a total Net Operating Income of $113,469.36 and a pricing of $1,621,000, the property presents investors with an attractive cap rate and predictable cash flow. Lease terms extend through December 2028 and December 2035 for the respective suites, positioning this as a secure, income-generating asset.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 310 | 3,146 SF | Office | Upon Request | $159,458.49 CAD |
Unit 310
| Unit Size |
| 3,146 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| $159,458.49 CAD |
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Unit 310
| Unit Size | 3,146 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | $159,458.49 CAD |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| Description | |
| This investment opportunity is located in the highly desirable Brier Creek area, offering strong connectivity and established tenant stability. Positioned near the Raleigh-Durham International Airport with convenient access to major highways including I-40, I-540, and U.S. 70, this property provides exceptional accessibility for business operations across the Triangle region.</li></ul> | |
| Sale Notes | |
| The offering includes two office suites designed with abundant natural light, fostering a productive and comfortable work environment. These suites are occupied by two reputable long-term tenants, delivering a stable income stream and minimizing investor risk. Current tenants include Heritage Audiology and S&S Service Group.<br> <br> With a total Net Operating Income of $113,469.36 and a pricing of $1,621,000, the property presents investors with an attractive cap rate and predictable cash flow. Lease terms extend through December 2028 and December 2035 for the respective suites, positioning this as a secure, income-generating asset.</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 | 56,679 SF | Typical Floor Size | 14,170 SF |
| Property Type | Office (Condo) | Year Built | 2006 |
| Property Subtype | Medical | Lot Size | 8.34 AC |
| Building Class | B | Parking Ratio | 3.27/1,000 SF |
| Floors | 4 | ||
| Zoning | C - Office and Institutional - General Office, Health, Dental and Medical. | ||
| Total Building Size | 56,679 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 14,170 SF |
| Year Built | 2006 |
| Lot Size | 8.34 AC |
| Parking Ratio | 3.27/1,000 SF |
| Zoning | C - Office and Institutional - General Office, Health, Dental and Medical. |
Amenities
- Bus Line
- Signage
- Monument Signage
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Street View
Street
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