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West Raleigh Office Space Available
For Lease
$27.50 SF/Yr

7424 Chapel Hill Road, Raleigh, NC 27607

2,171 SF office space with 24/7 access and security.

Property Size2,171 SF
Days on Market148

Property Features for 7424 Chapel Hill Road

General Information

Standard status Active
Size 2,171 SF
Property subtype Office
Listing Agency:
Listed By: Jay Taylor, CCIM
Source: Svn
Added: Mar 6 Changed: Jul 6 Last Checked: Aug 1 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 Jay Taylor, CCIM

Investment Insights

Based on property information with market context.

This 2,171 square foot office space is available for rent and features 24/7 access and security. The tenant is only responsible for telecom. All utilities are included. Onsite property management is available. The property is located in West Raleigh, offering proximity to PNC Arena, NC State Fairgrounds, NC State University, and downtown Cary. Interstate accessibility is unmatched. The property is also near RDU airport.

Key Highlights

  • Unmatched interstate accessibility
  • Great West Raleigh location near PNC Arena, NC State Fairgrounds, and NC State University
  • Enjoy 24/7 access and security

Property Analytics

Current Use

BrightDot Consultant Carolina Protective Services Security Service Atlantic Telecom llc Telecommunications Service Renfrow Group Consultant ASSOCIATION OF PROFESSIONAL SECURITY ... Association / Organization

Suggested Use

Top Pick Dental Office Pharmacy Auto Parts Store Parking Lot & Garage Building Supply Garden Center

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
$4.13 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

581
Businesses Nearby

Demographics for 27607, NC

27,182
Population
10,698
Households
2.5
Avg Household Size
27
Median Age
71%
College-Educated
96%
High-School Grad
17.4 sq mi
ZIP Area
1,562
Density / Sq Mi
$95,216
Median Household Income
$49,365
Median Earnings
$1,529
Median Rent
$639,200
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 2% 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - 2,171 SF office space with 24/7 access and security.
Where is this office units located?
The property is located at 7424 Chapel Hill Road Raleigh, NC.
What is the lease rate?
The lease rate is $27.50 SF/Yr.
What are key features of this property?
This property features: Unmatched interstate accessibility; Great West Raleigh location near PNC Arena, NC State Fairgrounds, and NC State University; Enjoy 24/7 access and security
More about this property
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