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Downtown Flex-Industrial Space
For Lease
$14.50 SF/Yr

418 W Peace St, Raleigh, NC 27603

Flex-industrial suites are available in downtown Raleigh, ranging from 3,600 to 16,778 square feet.

Space Size6,155 SF - 10,635 SF
Property Size16,778 SF
Days on Market124

Property Features for 418 W Peace St

General Information

Standard status Active
Size 6,155 SF - 10,635 SF
Property subtype Industrial
Lease Term NNN

Building Details

Building Size 16,778 SF
Year Built 1947

Spaces For Lease

at 418 W Peace St Contact us

Suite A $14.50/SF/Yr

Size
10,635 SF
Type
Flex Space
Term
Negotiable
Contact us

Suite B $14.50/SF/Yr

Size
6,155 SF
Type
Flex Space
Term
Negotiable
Contact us
Listed By: Zach Miller
Source: Trinity-partners
Added: May 14 Changed: Sep 13 Last Checked: Sep 14 at 5:34AM

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 Zach Miller

Investment Insights

Based on property information with market context.

Available for lease is 3,600 to 16,778 square feet of flex-industrial space in the heart of Downtown Raleigh. The offering is presented as a flexible industrial format suitable for a range of operational needs.

The property is located at 418 West Peace Street in Raleigh, North Carolina.

Suite sizes within the stated range support multiple occupancy options, with space packaged for flex-industrial use.

Key Highlights

  • Flex‑industrial suites available in downtown Raleigh.
  • Suites range from 3,600 to 16,778 SF of flex‑industrial space.
  • Building year built: 1947.

Property Analytics

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Open Analytics

Current Use

It’s the Good Store Clothing Store Alliance Movers Raleigh Moving Company East Coast Electric ... (Bike/Boat/Book/etc) Store Shipping Container World Freight Service Car's Cash For Junk ... Discount Store

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Auto Parts Store Garden Center Kitchen & Bath Showroom

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
$2.18 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,727
Businesses Nearby
Balanced
Demand for This Use

Demographics for 27603, NC

54,616
Population
24,030
Households
2.3
Avg Household Size
34
Median Age
48%
College-Educated
94%
High-School Grad
51.4 sq mi
ZIP Area
1,063
Density / Sq Mi
$87,939
Median Household Income
$51,856
Median Earnings
$1,496
Median Rent
$347,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Raleigh, NC

$17.04 /SF/Yr
Avg Asking Price
$0.42–$65.47 /SF/Yr
Price Range
13,539 SF
Avg Space Size

This space is priced 15% below the average of $17.04 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex-industrial suites are available in downtown Raleigh, ranging from 3,600 to 16,778 square feet.
Where is this flex space located?
The property is located at 418 W Peace St Raleigh, NC.
What is the lease rate?
The lease rate is $14.50 SF/Yr.
What are key features of this property?
This property features: Flex‑industrial suites available in downtown Raleigh.; Suites range from 3,600 to 16,778 SF of flex‑industrial space.; Building year built: 1947.
More about this property
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