1310 Nowell Road

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1310 Nowell Road

Raleigh, NC 27607
Asking Price
Contact for price
Asset Type
Traditional Office Office
Class
Class B

What's Special

Office | 16,570 SqFt <ul><li>​SF RBA: 16,570 SF</li><li>​Property Mix: Office - 12,919 SF, Warehouse - 1,563 SF, Unfinished / Storage - 2,086 SF</li><li>​Year Built: 1978</li><li>​Vacancy: Vacant at Sale</li><li>​Stories: 2</li><li>​Construction: Metal</li><li>​Building Height: 20'</li><li>​Docks: 4</li><li>​Drive Ins: 1</li><li>​Acreage: 2.00 AC</li><li>​Zoning: IX-3-PL</li><li>​Parking: 50 Spaces / 2.88 / 1,000 SF</li><li>​Lenovo Center set for multi-million dollar upgrade</li><li>​Phase 1 set to begin in late 202

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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