Absentee Office Suites Business with Real Estate

Not Disclosed, NC
Wake County

Asking Price: Annual Revenue:
$875,000 $94,099

Commercial Real Estate: Office Space, Office Parks

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RE: Absentee Office Suites Business with Real Estate Broker: Tina Wright

Quick Facts

Asking Price: $875,000
Annual Revenue: $94,099
Net Profit: Not Disclosed
Cash Flow: $55,549
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: Not Disclosed
BBN Listing #: 321456491
Broker Reference #: 67675-482751

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Business Overview:

Real estate property included in sales price. This business condo is in a highly desired location in Raleigh and is home to 21 tenants that fill this office suite business to 100% capacity. The total heated square footage is 4804.

The business offers different size offices with shared lobby, break room, and restrooms. There are plenty parking spaces for tenants. Secure mailboxes are available to tenants at no additional cost and for a Virtual Office suite. The business website domain and email are included in the sale of business.

Currently managed by a local property managment company. 6.3% cap rate.

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Reason for Selling:

Other business interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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