Contacts
Karah Jennings McConnell
Lee & Associates
(919) 576-2502
Property Details
- Property Type Office - General Office
- Property Size 40,638 SF
- Lot Size 2.15 Acre
- Building Class B
- Year Built 1970
- Date Updated Jan 19, 2024
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Highlights
- Three-story ±40,638-square-foot office building with ample surface parking in Downtown Raleigh
- Approximately 84% occupied
- Infill office asset with excess land
- Trophy location in Historic Oakwood, across the street from the North Carolina Executive Mansion and the Capital District
- Strong demographics
- Ample nearby amenities
- Below market rents with upside
- Well below replacement cost - excellent value for an investor seeking upside or a redevelopment opportunity
Attachments
Getting around
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Location
- City Raleigh, NC
- Neighborhood Oakwood
- Zip Code 27601
- Market Raleigh Durham
Points of Interest
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Raleigh
0.87 miles
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Cary
8.32 miles
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Nash Square Charging Station
0.62 miles
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Exxon
0.73 miles
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Speedway
0.76 miles
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Exxon
1.00 miles
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Shell
1.20 miles
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BP
1.54 miles
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Pullen Mart
1.66 miles
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Family Fare
1.70 miles
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BP
1.75 miles
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Garner Road Stop-N-Go
2.19 miles
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Lot 50
0.07 miles
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Lot 38
0.09 miles
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Bus Lot
0.14 miles
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Lot 20
0.14 miles
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Lot 6
0.17 miles
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Lot 18
0.20 miles
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Lot 3
0.23 miles
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Deck 17
0.27 miles
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Deck 65
0.30 miles
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Lot 7
0.36 miles
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The Longleaf Hotel
0.47 miles
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Days Inn: Raleigh Downtown
0.49 miles
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Holiday Inn Raleigh Downtown
0.58 miles
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Guest House Raleigh
0.61 miles
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Roger's Cottage
0.63 miles
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Friendship Inn Capitol
0.64 miles
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Raleigh Guest Suites
0.66 miles
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Sheraton Raleigh Hotel
0.67 miles
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Raleigh Marriott City Center
0.74 miles
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Hampton Inn & Suites Raleigh Downtown
0.76 miles
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Wine Authorities
0.49 miles
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Publix
0.70 miles
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Weaver Street Market
0.72 miles
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Larry's Supermarket
1.25 miles
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The Fresh Market
1.44 miles
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Food Lion
1.49 miles
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Harris Teeter
1.65 miles
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Target
1.96 miles
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Food Lion
2.26 miles
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Wegmans
2.72 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Karah Jennings McConnell
Lee & Associates
(919) 576-2502