North Raleigh Flex Space
For Lease
$16.50 SF/Yr
8411 & 8431 Garvey Dr, Raleigh, NC 27616
Flex and warehouse spaces in North Raleigh with drive-in doors.
Space Size1,800 SF - 3,600 SF
Property Size18,023 SF
Days on Market325
Property Features for 8411 & 8431 Garvey Dr
General Information
Standard status
Active
Size
1,800 SF - 3,600 SF
Property subtype
Industrial
Lease Term
NNN
Building Details
Building Size
18,023 SF
Year Built
2001
Spaces For Lease
at 8411 & 8431 Garvey Dr Contact us- Size
- 3,600 SF
- Type
- Flex Space
- Term
- Negotiable
Building 8431, Suite 109 $16.50/SF/Yr
- Size
- 3,600 SF
- Type
- Flex Space
- Term
- Negotiable
Building 8431, Suite 117 $16.50/SF/Yr
- Size
- 1,800 SF
- Type
- Flex Space
- Term
- Negotiable
Building 8431, Suite 125 $16.50/SF/Yr
Listing Agency:
(919) 270-9587
Listed By:
Daniel McCloy
(919) 270-9587
Source:
Lee-associates
Added: Sep 25, 2025
Changed: Aug 13
Last Checked: Aug 15 at 4:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Daniel McCloy
Investment Insights
Based on property information with market context.
Located on Garvey Drive in North Raleigh, near the intersection of Durant Road and Capital Boulevard, the property offers flex and warehouse spaces. Building 8411, Suite 113 provides 1,800 square feet, configured with approximately one-third office space and two-thirds warehouse space, and includes a drive-in door. Building 8431 offers multiple suites: Suite 101 and Suite 109 each provide 3,600 square feet, while Suite 117 offers 7,200 square feet. Suites 101, 109, and 117 can be combined to create a larger space of 14,400 square feet. Each suite is equipped with drive-in doors and two bathrooms. The TICAM is $3.77 per square foot. The property provides a parking ratio of 3 spaces per 1,000 square feet and features 3-phase power. It is zoned IX-3. Availability begins May 31, 2025. The property size is 18023 square feet.
Key Highlights
- Suites can be combined for up to 14,400 SF of contiguous space.
- Convenient North Raleigh location near Durant Road and Capital Boulevard.
- Each suite features drive‑in doors, ideal for warehouse access.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.48 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
252
Businesses Nearby
Balanced
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
Market
Lease Benchmarks for Raleigh, NC
$23.12 /SF/Yr
Avg Asking Price
$11.5–$65.47 /SF/Yr
Price Range
10,330 SF
Avg Space Size
This space is priced 29% below the average of $23.12 /SF/Yr.
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Specialty South Food Services Distribution — 3200 Gresham Lake Rd # 117, Raleigh, NC 27615
- wicked links — 3200 Gresham Lake Rd, Raleigh, NC 27615
Frequently Asked Questions
What type of property is this?
Flex space - Flex and warehouse spaces in North Raleigh with drive-in doors.
Where is this flex space located?
The property is located at 8411 & 8431 Garvey Dr Raleigh, NC.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: Suites can be combined for up to **14,400 SF of contiguous space**.; Convenient North Raleigh location near Durant Road and Capital Boulevard.; Each suite features **drive‑in doors**, ideal for warehouse access.
