Investment Overview
4917 Waters Edge Drive offers ±31,623 RSF of office space on ±3.54 acres in southwest Raleigh. Located within the established Waters Edge Office Park, the property features approximately 146 parking spaces, flexible office configurations, and convenient access to I-40, I-440, Cary, Downtown Raleigh, and key Triangle employment centers.
OX-3 zoning, Opportunity Zone designation, a 2017 roof, and capital improvements—including LED lighting, electronic access controls, and refreshed exterior features, add to its appeal as an investment opportunity with lease-up potential.
Investment Highlights
- ±31,623 RSF multitenant office property
- ±3.54-acre site within Waters Edge Office Park
- Approximately 48.7% leased, with six vacant suites available for lease-up
- OX-3 zoning supports a variety of office and professional service uses
- Located within a designated Opportunity Zone
- Multiple suite sizes accommodate a range of office and professional service users
- Roof installed in 2017
- LED lighting improvements
- Elevator in place for convenient multi-floor access
- Electronic FOB access system
- Refreshed exterior paint and building appearance
- Approximately 146 parking spaces, providing a strong ratio of ±4.6 spaces per 1,000 SF
- Established southwest Raleigh location with convenient access to I-40 and I-440
- Close proximity to Cary Crossroads, Fenton, Downtown Raleigh, Downtown Cary, RTP, and RDU
- SALE PRICE: $4,700,000