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Move-in Ready Office Suites Available
For Lease
$28.50 SF/Yr

4505 + 4515 Falls of Neuse Road, Raleigh, NC 27609

Move-in ready office suites with high-end finishes and ample parking.

Space Size1,760 SF - 9,348 SF
Property Size169,700 SF
Days on Market206

Property Features for 4505 + 4515 Falls of Neuse Road

General Information

Standard status Active
Size 1,760 SF - 9,348 SF
Class A
Property subtype Office
Lease Term Full Service

Building Details

Building Size 169,700 SF

Spaces For Lease

at 4505 + 4515 Falls of Neuse Road Contact us

NORTH - Suite 200 $28.50/SF/Yr

Size
4,086 SF
Term
Negotiable
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NORTH - Suite 275 $28.50/SF/Yr

Size
1,760 SF
Term
Negotiable
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NORTH - Suite 300 $28.50/SF/Yr

Size
4,343 SF
Term
Negotiable
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NORTH - Suite 320 $28.50/SF/Yr

Size
4,352 SF
Term
Negotiable
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SOUTH - Suite 100 $28.50/SF/Yr

Size
3,051 SF
Term
Negotiable
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SOUTH - Suite 150 $28.50/SF/Yr

Size
3,464 SF
Term
Negotiable
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SOUTH - Suite 300 $28.50/SF/Yr

Size
5,186 SF
Term
Negotiable
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SOUTH - Suite 400 $28.50/SF/Yr

Size
2,555 SF
Term
Negotiable
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SOUTH - Suite 420 $28.50/SF/Yr

Size
6,388 SF
Term
Negotiable
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SOUTH - Suite 440 $28.50/SF/Yr

Size
2,189 SF
Term
Negotiable
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SOUTH - Suite 450 $28.50/SF/Yr

Size
9,348 SF
Term
Negotiable
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SOUTH - Suite 510 $28.50/SF/Yr

Size
2,436 SF
Term
Negotiable
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SOUTH - Suite 520 $28.50/SF/Yr

Size
2,657 SF
Term
Negotiable
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SOUTH - Suite 600 $28.50/SF/Yr

Size
4,510 SF
Term
Negotiable
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SOUTH - Suite 620 $28.50/SF/Yr

Size
2,241 SF
Term
Negotiable
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SOUTH - Suite 652 $28.50/SF/Yr

Size
3,410 SF
Term
Negotiable
Contact us
Listing Agency:
Listed By: William Allen
Source: Trinity-partners
Added: Jan 27 Changed: Aug 18 Last Checked: Aug 21 at 4:26AM

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 William Allen

Investment Insights

Based on property information with market context.

Somerset North, situated near Midtown, provides a variety of office suites ranging from 1,582 to 9,348 square feet, catering to diverse space requirements. These suites are delivered in move-in-ready condition, offering tenants a selection of high-end finishes. Some suites are furnished. The property features well-appointed lobbies, tenant hubs equipped with Grab & Go micro markets, outdoor seating areas, and shared meeting spaces. Ample parking is available, including covered options. The location provides convenient access via signalized intersections and is surrounded by shopping, restaurants, fitness centers, and entertainment venues. The building is Energy Star Certified and Well Health-Safety Rated. Building facade signage is available for large tenants, and shared monument signage fronting Falls of Neuse Road is upcoming. New local ownership provides on-site property management and building maintenance.

Key Highlights

  • Move‑in‑ready suites with customizable high‑end finishes and flexible space options (1,582 to 9,348 SF).
  • Prime location near Midtown with abundant restaurants, shopping, fitness, and entertainment.
  • Desirable building amenities including well‑appointed lobbies, tenant hubs with Grab & Go micro markets, outdoor seating, and shared meeting space.

Property Analytics

Current Use

ASHE Carolina Triangle ... Charitable Organization FedEx Drop Box Postal Service Thayer Homes Construction Company MEDCALL Pharmacy Univision Network Media Distribution

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Storage Facility Building Supply Grocery & Convenience Store Auto Parts Store

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
$4.27 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,829
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

$37.74 /SF/Yr
Avg Asking Price
$2.5–$371 /SF/Yr
Price Range
30,561 SF
Avg Space Size

This space is priced 24% below the average of $37.74 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Move-in ready office suites with high-end finishes and ample parking.
Where is this office units located?
The property is located at 4505 + 4515 Falls of Neuse Road Raleigh, NC.
What is the lease rate?
The lease rate is $28.50 SF/Yr.
What are key features of this property?
This property features: Move‑in‑ready suites with customizable high‑end finishes and flexible space options (1,582 to 9,348 SF).; Prime location near Midtown with abundant restaurants, shopping, fitness, and entertainment.; Desirable building amenities including well‑appointed lobbies, tenant hubs with Grab & Go micro markets, outdoor seating, and shared meeting space.
More about this property
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