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Turnkey Office Space Available
For Lease
$25 SF/Yr

3200 Wake Forest Rd, Raleigh, NC 27609

Turnkey office space with executive offices and conference room.

Property Size17,856 SF
Days on Market247

Property Features for 3200 Wake Forest Rd

General Information

Standard status Active
Size 17,856 SF
Property subtype Office

Building Details

Year Built 1974
Listing Agency: Lee & Associates | Raleigh
Listed By: Will Smith · License #304532
Source: Lee-associates
Added: Nov 26, 2025 Changed: Jul 6 Last Checked: Jul 30 at 5:27AM

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 Lee & Associates | Raleigh

Investment Insights

Based on property information with market context.

This 2,332 square foot turnkey office space features six executive offices and a dedicated conference room. It is located in Raleigh’s Midtown submarket at 3200 Wake Forest Road, offering accessibility and a premier address. The property is suitable for professional service firms and quasi-medical users, such as therapists or counseling practices. Signage opportunities are available for long-term tenants, with visibility facing I-440/Beltline. The location provides convenient access to I-440, Atlantic Avenue, and Capital Boulevard, and is less than half a mile from Duke Raleigh Hospital. The area is surrounded by restaurants, retailers, and business services. The intended use of the property is for office purposes. The lease term is 3 years. Traffic counts on Wake Forest Rd are 54,500 VPD and on I-440 are 136,000 VPD. The space will be available starting November 1, 2025.

Key Highlights

  • Prime Midtown location with convenient access to I‑440, Atlantic Avenue, and Capital Boulevard.
  • Turnkey office space of 2,332 SF featuring six executive offices and a dedicated conference room.
  • Signage opportunities available for long‑term tenants with high visibility facing I‑440/Beltline.**

Property Analytics

Current Use

Chad Ross Real Estate Agency Whitney Chambers Counselor Dunn, Dunn & Oakes, ... Accounting Firm The Sheri Hagerty Group Real Estate Agency Meredith Little, Hodge ... Real Estate Agency

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store Parking Lot & Garage Veterinary Clinic (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,713
Businesses Nearby

Demographics for 27609, NC

36,218
Population
19,740
Households
1.8
Avg Household Size
38
Median Age
61%
College-Educated
93%
High-School Grad
10.9 sq mi
ZIP Area
3,323
Density / Sq Mi
$81,538
Median Household Income
$53,670
Median Earnings
$1,393
Median Rent
$441,100
Median Home Value

Market

Lease Benchmarks for Raleigh, NC

$28 /SF/Yr
Avg Asking Price
$0.53–$65.47 /SF/Yr
Price Range
23,712 SF
Avg Space Size

This space is priced 11% below the average of $28 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Turnkey office space with executive offices and conference room.
Where is this office units located?
The property is located at 3200 Wake Forest Rd Raleigh, NC.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Prime Midtown location with convenient access to I‑440, Atlantic Avenue, and Capital Boulevard.; Turnkey office space of 2,332 SF featuring **six executive offices and a dedicated conference room.**; Signage opportunities available for long‑term tenants with high visibility facing I‑440/Beltline.**
More about this property
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