Conditioned Flex Space with Rolling
For Lease
$16 SF/Yr
4550 Preslyn Drive, Raleigh, NC 27616
Commercial Lease, Raleigh, NC
Space Size3,200 SF
Lot Size1.41 Acres
Days on Market144
Property Features for 4550 Preslyn Drive
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
IX-3
Standard status
Active
APN
172820800221000 0145033
Size
11,200 SF
Lot size
1.41 Acres
Taxes and HOA fees
Tax Description
Lo17 Durant Rd Off & Ind'l Pk Bm2020-00887
Legal Description
Lo17 Durant Rd Off & Ind'l Pk Bm2020-00887
Building Details
Year built
2020
Floors in Building
2
Building materials
Stone
Listing Agency:
Century 21 Triangle Group · Century 21 Real Estate
(919) 552-4517
Listed By:
Heather Miller · License #3357056
(727) 422-1981
Added: Apr 30
Changed: Aug 31
Last Checked: Sep 20 at 11:06AM
MLS# 10163787
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This lower-level flex space provides approximately 3,200 square feet of conditioned, move-in-ready area within a 11,200-square-foot property. The suite has an open layout, generous ceiling clearance, clean finishes, and one rolling door. Its configuration supports storage, distribution, light manufacturing, logistics, and service-oriented operations as described by the property’s industrial mixed-use zoning.
Built in 2020, the property occupies 1.41 acres at 4550 Preslyn Drive in Raleigh, North Carolina. The space is maintained in clean condition and positioned within a Raleigh commercial corridor, offering a practical setting for businesses seeking an adaptable industrial or flex workspace.
Built in 2020, the property occupies 1.41 acres at 4550 Preslyn Drive in Raleigh, North Carolina. The space is maintained in clean condition and positioned within a Raleigh commercial corridor, offering a practical setting for businesses seeking an adaptable industrial or flex workspace.
Key Highlights
- Approximately 3,200 square feet of conditioned lower‑level flex space
- IX‑3 (Industrial Mixed‑Use) zoning
- Open floor plan with generous ceiling clearance
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 27616, NC
56,941
Population
24,282
Households
2.3
Avg Household Size
34
Median Age
43%
College-Educated
91%
High-School Grad
22.5 sq mi
ZIP Area
2,531
Density / Sq Mi
$81,534
Median Household Income
$41,601
Median Earnings
$1,514
Median Rent
$314,800
Median Home Value
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Market
Lease Benchmarks for Raleigh, NC
$17.04 /SF/Yr
Avg Asking Price
$0.42–$65.47 /SF/Yr
Price Range
7,422 SF
Avg Space Size
This space is priced 6% below the average of $17.04 /SF/Yr.
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Chef Kevin's Personal Chef & Catering — 7909 Wynewood Dr, Raleigh, NC 27616
- wicked links — 3200 Gresham Lake Rd, Raleigh, NC 27615
- Specialty South Food Services Distribution — 3200 Gresham Lake Rd # 117, Raleigh, NC 27615
Frequently Asked Questions
What type of property is this?
Flex space - IX-3 zoning supports industrial mixed-use operations in a conditioned, open-plan suite.
Where is this flex space located?
The property is located at 4550 Preslyn Drive Raleigh, NC.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Approximately 3,200 square feet of conditioned lower‑level flex space; IX‑3 (Industrial Mixed‑Use) zoning; Open floor plan with generous ceiling clearance
