Wake Plaza Building
3031 New Bern Ave ,
Raleigh , NC 27610
 
34,431
Building SF
$715,739
NOI
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34,431
Building SF
$715,739
NOI
Fairfield Advisors, as the advisor to the seller, is offering the opportunity to acquire the Wake Plaza Medical Office Building located at 3031 New Bern Avenue in Raleigh. The Class-A MOB totals 34,431 square feet and was built in 2008. The building has an exceptional location being located adjacent to the WakeMed Raleigh Medical Center in a thriving medical corridor in Raleigh. The current owner, Dr. James Godwin, developed the building and was a tenant up until his retirement. The building is currently occupied by strong medical tenants on longer term, NNN leases with annual increases. In addition, 20% of the MOB is unoccupied providing a true value-add opportunity in one of the strongest markets in the U.S.
Location and Demographics
Strategically positioned directly across from WakeMed Raleigh Campus. The flagship hospital of WakeMed Health & Hospitals, the largest health system in Wake County
The property sits within a well-established medical corridor anchored by WakeMed, creating immediate referral relationships and consistent patient traffic for building tenants
Convenient access to I-440 and New Bern Avenue, a major road connecting the medical campus to Downtown Raleigh and the broader Triangle region
Wake County Median Household Income: $101,763
Neighboring communities include Knightdale, Garner, Cary, and the greater Research Triangle, supporting a large and growing patient base across one of the most economically dynamic metros in the Southeast
FOR MORE DETAILS CONTACT
Audrey Trainor
Vp of Business Development
(720) 626-2956
audreyt@fairfieldadv.com
Greg Trainor
Managing Partner
(720) 984-9113
gregt@fairfieldadv.com
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