Industrial & Logistics

Northside Center

1233 Front St Raleigh, NC United States 27609
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A

Key Facts

Year Built 1980
Occupancy 98.0 %

Property Description

Situated on 33.43 acres within Midtown East, one of the best performing and fastest growing areas in the market, Northside Center presents investors with the opportunity to acquire a substantial footprint in an irreplaceable location experiencing unprecedented economic growth.

Investment Highlights

Jones Lang Lasalle, a North Carolina licensed real estate broker (“JLL”), has been retained as the exclusive sales representative for Northside Center– a 14-building, 548,560 square foot office and light industrial portfolio with strong existing cash flows plus significant repositioning potential, located within the burgeoning Raleigh-Durham, North Carolina MSA. Northside Center is immediately adjacent to Interstate 440, Raleigh’s inner “beltline”, providing tenants with center-of-the-market accessibility to Downtown Raleigh (5 minutes), Raleigh-Durham International Airport (18 minutes), Research Triangle Park (20 minutes) and neighboring North Hills (3 minutes) – a major employment and retail destination.

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