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3201 Spring Forest RdRaleigh, NC 27616
3201 Spring Forest Rd
Asset ClassOffice, Industrial
Deal Size$8.74 M
Rentable SF: 38,279% Leased: 100%Land: 9.4 AcresAccess Data Room
NNN Leased Single-Tenant HQ | Strategically Located in Rapidly Growing City of Raleigh | Strategic Service & Fleet Operation Facility
overview of deal

Overview

Marcus & Millichap is pleased to present the opportunity to acquire a ±38,279-square-foot, mission-critical corporate headquarters and fleet operations facility at 3201 Spring Forest Road in Raleigh, North Carolina. This offering features a low floor area ratio (FAR), a prime location, large industrial zoned parcel, and a long-term lease to a specialized tenant.

 

The S&ME headquarters comprises two structures totaling ±38,279 square feet, including a ±32,271-square-foot main office/lab building and a ±5,908-square-foot equipment building. The site offers a large parking area for fleet vechicles, screened yard storage, and secure fencing to support S&ME’s fleet and field operations.

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Investment Highlights

CORPORATE HQ & FLEET FACILITY WITH RECENT RENEWAL

  • The Asset serves as both S&ME’s corporate headquarters and fleet operations facility
  • S&ME has occupied the property since 2006 and reaffirmed its long-term commitment with a 12-year lease renewal in April 2024, extending through February 2037
  • Headquarters hosts Executive Leadership, Finance, Human Resources, Legal, Marketing, and Professional Development departments and a fleet of vehicles
  • NNN lease structure with strong annual increases

HIGH CALIBER TENANT

  • S&ME has provided innovative, practical solutions for over 50 years in engineering, environmental services, and construction
  • Strong private credit - Maintains a substantial footprint across the South and Midwest, with over 30 offices in 11 states
  • Offers a full range of services including geotechnical, civil, and environmental engineering

MODERNIZED, HIGH-QUALITY FACILITY

  • Two buildings totaling ±38,279 SF: a ±32,271 SF main headquarters and a ±5,908 SF storage facility
  • Single-story office building with 18’8” building height on an oversized ±9.4-acre site
  • Secure, screened yard for fleet vehicles and high-value equipment storage
  • Situated just outside North Carolina’s Research Triangle, near leading engineering, environmental, and infrastructure firms
  • New roof installation before the end of the year

 

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3201 Spring Forest RdRaleigh, NC 27616

Sales Team

Andrew MarguliesLocal Contact: Senior Managing Director

License #: 264059

312.543.0090Andrew.Margulies@marcusmillichap.com

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Listing provided by Revere CRE