4904 Waters Edge Drive

4904 Waters Edge Drive, Raleigh, NC 27606

  • For Sale Call Broker
  • Property Type Office - General Office
  • Property Size 15,337 SF
  • Units 19
  • Building Class B
  • Date Updated Apr 4, 2025
Professional office park located at the Jones Franklin Road intersection with I-440. Easy access to I-40 with ample amenities nearby.Lee & Associates Raleigh-Durham is pleased to present 4904 Waters Edge Drive, a fully leased 15,337 RSF office building situated on 1.44 acres in the southwest Raleigh submarket, five minutes from NC State University. This stabilized investment opportunity offers long-term income potential with a strong tenant base in place. Strategically located with convenient access to I-40, I-440, and major business hubs, the property benefits from excellent connectivity to the broader Triangle region. With its established occupancy, prime location, and strong market fundamentals, 4904 Waters Edge Drive is an attractive asset for investors seeking steady cash flow and long-term appreciation in a high-growth market.Office space for lease in Waters Edge Office Park in Raleigh, located at the Jones Franklin Road intersection with I-440. The property has easy access to I-40 and is close to numerous amenities, including Cary Crossroads.
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Highlights

  • Fully leased 15,337 RSF office asset
  • Occupied by 19 tenants under full service leases
  • Prime location in Southwest Raleigh, just 5 minutes from NC State University
  • Stable cash flow with NOI of $182,786 and OPEX of $7.65/SF
  • Excellent access to I-40, I-440, and U.S. Highway 70—connecting to RTP, Cary, and RDU
  • Two-story building on 1.44 acres with 38 on-site parking spaces plus street parking
  • Strong submarket demographics
  • Proximity to NC State University and Centennial Campus, WakeMed, Crossroads Plaza, and Fenton

Contacts

broker
Moss Withers

Lee & Associates

Location

Getting Around

  • Walk Score ®

    35/100 Car-Dependent

  • Transit Score ®

    31/100 Some Transit

  • Bike Score ®

    39/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Raleigh, NC
  • Neighborhood Athens Grove
  • Zip Code 27606
  • Market Raleigh Durham

Points of Interest

  • Raleigh

    4.10 miles

  • Zone 1: Prearranged Services

    7.93 miles

  • Zone 4: Limos

    7.95 miles

  • Gabe Mart

    0.32 miles

  • Mobil

    0.74 miles

  • BP

    0.94 miles

  • Exxon

    1.19 miles

  • Citgo

    1.37 miles

  • Circle K

    1.43 miles

  • Sheetz

    1.50 miles

  • Shell

    1.64 miles

  • PowerCharge

    3.30 miles

  • Building C Charging Station

    3.45 miles

  • Lake Johnson Park Lot 2

    1.09 miles

  • Terry Center Parking

    1.78 miles

  • CBC Parking Garage

    1.79 miles

  • Health and Wellness Center parking

    1.87 miles

  • Large Animal Hospital parking

    1.94 miles

  • District Drive Park & Ride

    2.21 miles

  • West Lot Parking Deck

    2.34 miles

  • Center for Technology and Innovation Parking Deck

    2.34 miles

  • Venture Parking

    2.35 miles

  • Monteith Deck

    2.38 miles

  • Hawthorn Suites by Wyndham Raleigh

    1.19 miles

  • Homewood Suites by Hilton Raleigh Cary I-40

    1.31 miles

  • Motel 6 Raleigh, NC - Cary

    1.47 miles

  • DoubleTree by Hilton

    1.49 miles

  • Hilton Garden Inn

    1.51 miles

  • Hyatt Place Raleigh West

    1.57 miles

  • Holiday Inn Express & Suites

    1.57 miles

  • Four Points by Sheraton Raleigh Arena

    1.61 miles

  • Home2 Suites Raleigh State Arena

    1.64 miles

  • Red Roof Inn Raleigh Southwest - Cary

    1.65 miles

  • Hong Kong Chinese Kitchen

    0.62 miles

  • Subway

    0.64 miles

  • Sonic

    0.67 miles

  • Hardee's

    0.80 miles

  • Pam's Farmhouse Restaurant

    0.95 miles

  • D&S Cafeteria - Permanently Closed

    1.12 miles

  • Honey Baked Ham

    1.24 miles

  • Rey's Restaurant

    1.25 miles

  • Crazy Fire Mongolian Grill

    1.28 miles

  • Kabuki

    1.32 miles

  • Athens Drive High School

    0.71 miles

  • Grace Christian School

    0.91 miles

  • Mount Vernon Goodwin School

    1.11 miles

  • Combs Elementary School

    1.11 miles

  • WCPSS Connections Academy

    1.31 miles

  • Dillard Drive Middle School

    1.52 miles

  • Dillard Drive Schools

    1.53 miles

  • Dillard Drive Elementary School

    1.54 miles

  • Crossroads Flex High School

    1.69 miles

  • Wake STEM Early College High School

    1.74 miles

  • The Goddard School

    2.70 miles

  • La Petite Academy

    4.54 miles

  • Bright Horizons

    4.86 miles

  • Leap N Learn

    5.03 miles

  • Primrose School of Cary

    5.18 miles

  • Preston Children's Academy

    5.45 miles

  • PB&J's Children's Center

    5.58 miles

  • St. Michael Early Childhood Center

    5.70 miles

  • Genesis Christian Preschool

    5.89 miles

  • Chesterbrook Academy

    6.26 miles

Frequently Asked Questions

How much does 4904 Waters Edge Drive cost?

The sale price for 4904 Waters Edge Drive is available upon request. Contact the listing broker for more information.

What is the total square footage of 4904 Waters Edge Drive?

4904 Waters Edge Drive totals 15,337 square feet.

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Contact Listing Broker
broker
Moss Withers

Lee & Associates

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