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8801 Fast Park Dr - Access Office Center 1,879 SF Office Condo Units Offered at $854,447 CAD Per Unit in Raleigh, NC 27617
Investment Highlights
- Building includes a sophisticated design with contemporary finishes and attractive masonry exterior.
- Electronic building directory, suite signage, and elevator access enhance user experience.
- Stable income from Suite 117 with an existing lease through 2028 provides immediate investment returns.
- Strategic location near I-540, Highway 70, I-40, and Raleigh-Durham International Airport ensures excellent connectivity.
- Suite layouts feature private offices, conference rooms, kitchenette, and reception areas with ample natural lighting.
- Proximity to Research Triangle Park and Brier Creek Commons puts dining, retail, and amenities within minutes.
Executive Summary
The property at 8801 Fast Park Drive consists of two office suites within a multi-tenant building in Raleigh, NC. Each suite provides dedicated exterior access and interior features such as private offices, a conference room, kitchenette, restroom, and IT closet. The building includes an elevator, electronic directory, and masonry exterior construction. It is zoned IX-3, located near the intersection of I-540 and Highway 70, with convenient access to I-40 and Raleigh-Durham International Airport. Nearby points of interest include Research Triangle Park and Brier Creek Commons retail center.
2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Space features Natural lighting, exterior entry at front of building, five offices reception/waiting area in suite, kitchenette, restroom and IT closet, with one conference room.
Sale Notes
8801 Fast Park Drive offers two ground-floor office suites in a modern, well-maintained building situated in one of Raleigh's most accessible business corridors. These suites feature contemporary finishes, elevator access, an electronic building directory, and solid core doors with fresh paint throughout. The property is zoned IX-3 (Airport Overlay), enhancing its utility for a range of professional uses while benefiting from proximity to major transportation links.
Located near the intersection of I-540 and Highway 70 (Glenwood Avenue), the property is conveniently positioned close to I-40 and Raleigh-Durham International Airport, offering seamless regional and national connectivity. Tenants and visitors enjoy direct exterior entries from the main parking lot, with layouts that include private offices, conference rooms, and kitchenette areas. Suite 117 is leased to a stable non-profit tenant through 2028, generating consistent income and providing an attractive cap rate of 6.5%, while Suite 101 is available for owner or investor use.
With desirable amenities, ease of access, and proximity to Research Triangle Park and major retail hubs such as Brier Creek Commons, this property represents a compelling purchase opportunity for investors or businesses seeking a strategic foothold in the thriving Raleigh market.
Located near the intersection of I-540 and Highway 70 (Glenwood Avenue), the property is conveniently positioned close to I-40 and Raleigh-Durham International Airport, offering seamless regional and national connectivity. Tenants and visitors enjoy direct exterior entries from the main parking lot, with layouts that include private offices, conference rooms, and kitchenette areas. Suite 117 is leased to a stable non-profit tenant through 2028, generating consistent income and providing an attractive cap rate of 6.5%, while Suite 101 is available for owner or investor use.
With desirable amenities, ease of access, and proximity to Research Triangle Park and major retail hubs such as Brier Creek Commons, this property represents a compelling purchase opportunity for investors or businesses seeking a strategic foothold in the thriving Raleigh market.
| Sale Type | Investment | Cap Rate | 6.50% |
| Sale Type | Investment |
| Cap Rate | 6.50% |
Description
Space features Natural lighting, exterior entry at front of building, four offices, reception/waiting area in suite, kitchenette, restroom and IT closet with one conference room. Tenant in place with lease expiration 9/30/2028.
Sale Notes
8801 Fast Park Drive offers two ground-floor office suites in a modern, well-maintained building situated in one of Raleigh's most accessible business corridors. These suites feature contemporary finishes, elevator access, an electronic building directory, and solid core doors with fresh paint throughout. The property is zoned IX-3 (Airport Overlay), enhancing its utility for a range of professional uses while benefiting from proximity to major transportation links.
Located near the intersection of I-540 and Highway 70 (Glenwood Avenue), the property is conveniently positioned close to I-40 and Raleigh-Durham International Airport, offering seamless regional and national connectivity. Tenants and visitors enjoy direct exterior entries from the main parking lot, with layouts that include private offices, conference rooms, and kitchenette areas. Suite 117 is leased to a stable non-profit tenant through 2028, generating consistent income and providing an attractive cap rate of 6.5%, while Suite 101 is available for owner or investor use.
With desirable amenities, ease of access, and proximity to Research Triangle Park and major retail hubs such as Brier Creek Commons, this property represents a compelling purchase opportunity for investors or businesses seeking a strategic foothold in the thriving Raleigh market.
Located near the intersection of I-540 and Highway 70 (Glenwood Avenue), the property is conveniently positioned close to I-40 and Raleigh-Durham International Airport, offering seamless regional and national connectivity. Tenants and visitors enjoy direct exterior entries from the main parking lot, with layouts that include private offices, conference rooms, and kitchenette areas. Suite 117 is leased to a stable non-profit tenant through 2028, generating consistent income and providing an attractive cap rate of 6.5%, while Suite 101 is available for owner or investor use.
With desirable amenities, ease of access, and proximity to Research Triangle Park and major retail hubs such as Brier Creek Commons, this property represents a compelling purchase opportunity for investors or businesses seeking a strategic foothold in the thriving Raleigh market.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 101 | 1,879 SF | Office | $854,447 CAD ($454.73 CAD/SF) | - |
| Unit 117 | 1,879 SF | Office | $854,447 CAD ($454.73 CAD/SF) | $55,539.04 CAD |
Unit 101
| Unit Size |
| 1,879 SF |
| Condo Use |
| Office |
| Price |
| $854,447 CAD ($454.73 CAD/SF) |
| NOI |
| - |
Unit 117
| Unit Size |
| 1,879 SF |
| Condo Use |
| Office |
| Price |
| $854,447 CAD ($454.73 CAD/SF) |
| NOI |
| $55,539.04 CAD |
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Unit 101
| Unit Size | 1,879 SF |
| Condo Use | Office |
| Price | $854,447 CAD ($454.73 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Space features Natural lighting, exterior entry at front of building, five offices reception/waiting area in suite, kitchenette, restroom and IT closet, with one conference room.</li></ul> | |
| Sale Notes | |
| 8801 Fast Park Drive offers two ground-floor office suites in a modern, well-maintained building situated in one of Raleigh's most accessible business corridors. These suites feature contemporary finishes, elevator access, an electronic building directory, and solid core doors with fresh paint throughout. The property is zoned IX-3 (Airport Overlay), enhancing its utility for a range of professional uses while benefiting from proximity to major transportation links.<br> Located near the intersection of I-540 and Highway 70 (Glenwood Avenue), the property is conveniently positioned close to I-40 and Raleigh-Durham International Airport, offering seamless regional and national connectivity. Tenants and visitors enjoy direct exterior entries from the main parking lot, with layouts that include private offices, conference rooms, and kitchenette areas. Suite 117 is leased to a stable non-profit tenant through 2028, generating consistent income and providing an attractive cap rate of 6.5%, while Suite 101 is available for owner or investor use.<br> With desirable amenities, ease of access, and proximity to Research Triangle Park and major retail hubs such as Brier Creek Commons, this property represents a compelling purchase opportunity for investors or businesses seeking a strategic foothold in the thriving Raleigh market.</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 117
| Unit Size | 1,879 SF |
| Condo Use | Office |
| Price | $854,447 CAD ($454.73 CAD/SF) |
| NOI | $55,539.04 CAD |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| Description | |
| Space features Natural lighting, exterior entry at front of building, four offices, reception/waiting area in suite, kitchenette, restroom and IT closet with one conference room. Tenant in place with lease expiration 9/30/2028.</li></ul> | |
| Sale Notes | |
| 8801 Fast Park Drive offers two ground-floor office suites in a modern, well-maintained building situated in one of Raleigh's most accessible business corridors. These suites feature contemporary finishes, elevator access, an electronic building directory, and solid core doors with fresh paint throughout. The property is zoned IX-3 (Airport Overlay), enhancing its utility for a range of professional uses while benefiting from proximity to major transportation links.<br> Located near the intersection of I-540 and Highway 70 (Glenwood Avenue), the property is conveniently positioned close to I-40 and Raleigh-Durham International Airport, offering seamless regional and national connectivity. Tenants and visitors enjoy direct exterior entries from the main parking lot, with layouts that include private offices, conference rooms, and kitchenette areas. Suite 117 is leased to a stable non-profit tenant through 2028, generating consistent income and providing an attractive cap rate of 6.5%, while Suite 101 is available for owner or investor use.<br> With desirable amenities, ease of access, and proximity to Research Triangle Park and major retail hubs such as Brier Creek Commons, this property represents a compelling purchase opportunity for investors or businesses seeking a strategic foothold in the thriving Raleigh market.</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 | 32,513 SF | Typical Floor Size | 10,837 SF |
| Property Type | Office | Year Built | 2009 |
| Building Class | A | Lot Size | 2.48 AC |
| Floors | 3 | Parking Ratio | 3.43/1,000 SF |
| Zoning | IX-3 - Mixed Use | ||
| Total Building Size | 32,513 SF |
| Property Type | Office |
| Building Class | A |
| Floors | 3 |
| Typical Floor Size | 10,837 SF |
| Year Built | 2009 |
| Lot Size | 2.48 AC |
| Parking Ratio | 3.43/1,000 SF |
| Zoning | IX-3 - Mixed Use |
Amenities
- Bus Line
- Controlled Access
- Signage
- Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
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8801 Fast Park Dr - Access Office Center
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