Listing Agency: Raleigh Show Phone

Listed By: Hillman Duncan · License #185685 Show Phone

Source: Property.jll

Added: Jul 16 Changed: Aug 29 Last Checked: Sep 2 at 1:17PM

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Investment Insights

Based on property information with market context.

Office units are available for lease at Spring Forest Business Center III, located at 3150 Spring Forest Rd in Raleigh, North Carolina 27616.

Key Highlights

• Office units available for lease
• Spring Forest Business Center III
• 3150 Spring Forest Rd, Raleigh, NC 27616

Property Analytics

Current Use

North Carolina FC ... Charitable Organization Catapult Learning Center Employment Agency

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Hotel & Motel (Bike/Boat/Book/etc) 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

Location Intelligence

Trade Area within ½ mile

1,299

Businesses Nearby

Explore this area Business Placement

Demographics for 27616, NC

56,941

Population

24,282

Households

2.3

Avg Household Size

34

Median Age

43%

College-Educated

91%

High-School Grad

22.5 sq mi

ZIP Area

2,531

Density / Sq Mi

$81,534

Median Household Income

$41,601

Median Earnings

$1,514

Median Rent

$314,800

Median Home Value

Market

Lease Benchmarks for Raleigh, NC

$34.91 /SF/Yr

Avg Asking Price

$0.42–$371 /SF/Yr

Price Range

24,952 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

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Office units are available for lease at a Raleigh business center.

Where is this office units located?

The property is located at 3150 Spring Forest Rd Raleigh, NC.

What are key features of this property?

This property features: Office units available for lease; Spring Forest Business Center III; 3150 Spring Forest Rd, Raleigh, NC 27616