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Two-Story Office Building
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720 Corporate Center Drive, Raleigh, NC 27607

Two-story office property with on-site parking and access to major Raleigh-area destinations.

Space SizeContact for details
Property Size15,326 SF
Days on Market9

Property Features for 720 Corporate Center Drive

General Information

Standard status Active
Size 15,326 SF
Total Parking Spaces 75
Property subtype Office

Additional Details

Space Use Office
Highway Access Yes

Building Details

Stories 2
Building Size 15,326 SF
Listing Agency:
Listed By: Hastings Jones
Source: Cbre
Added: Aug 13 Changed: Aug 14 Last Checked: Aug 20 at 11:37AM

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 Hastings Jones

Investment Insights

Based on property information with market context.

This two-story office building contains 15,326 square feet and is configured for flexible office use. The property includes on-site parking for employees and visitors, with 75 spaces available.

The building is positioned in West Raleigh with direct access to I-40 and Wade Avenue. Downtown Raleigh, Research Triangle Park, and Raleigh-Durham International Airport are identified as nearby destinations, supporting convenient regional connectivity for office users.

Key Highlights

  • 15,326 SF two‑story office building
  • 75 on‑site parking spaces for employees and visitors
  • West Raleigh location with immediate access to I‑40

Property Analytics

Current Use

WK Dickson & Co., ... Engineering Consultant

Suggested Use

Top Pick Restaurant Dental Office Auto Parts Store Hair Salon Pharmacy Nail Salon

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

755
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

$32.49 /SF/Yr
Avg Asking Price
$23.5–$48.5 /SF/Yr
Price Range
66,952 SF
Avg Space Size

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 building - Two-story office property with on-site parking and access to major Raleigh-area destinations.
Where is this office building located?
The property is located at 720 Corporate Center Drive Raleigh, NC.
What are key features of this property?
This property features: 15,326 SF two‑story office building; 75 on‑site parking spaces for employees and visitors; West Raleigh location with immediate access to I‑40
More about this property
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