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First-Floor Office Condo
For Lease
$1,550/Mo

266 W Millbrook Road, Raleigh, NC 27609

Updated finishes and a layout with multiple private offices support a range of professional work needs.

Space Size1,000 SF
Property Size2,000 SF
Days on Market576

Property Features for 266 W Millbrook Road

General Information

Standard status Active
Size 1,000 SF
Net Rentable 1,000 SF
Zoning OX-3

Space & Availability

Available Space 1,000 SF
Contiguous Space 1,000 SF
Floor 1
Space Use Office
Sublease No
Private Offices 4

Lease Terms

Lease Rate $1,550 /MO
Total Rate $1,550
Monthly Rent $1,550
Rent per SF/Year $18.60
Utilities Included in Rent electricity, water, sewer, trash

Site & Location

Neighborhood Northclift
Highway Access Yes

Amenities

Crown Molding
Granite Counters
High Speed Internet
Smooth Ceilings
Water Closet
Wet Bar

Building Details

Building Size 2,000 SF
Year Built 1985
Stories 2
Listing Agency: Stokes & Associates
Listed By: Dick Stokes
Source: Dallaspearcerealty
Added: Apr 3, 2025 Changed: Oct 25 Last Checked: Oct 29 at 8:11PM

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 Stokes & Associates

Rey
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Investment Insights

Based on property information with market context.

This first-floor office condominium has refreshed paint, LED lighting, carpet, and luxury vinyl flooring in the work room. The layout includes three offices, a larger executive office or conference room measuring 11 by 24 feet, and a work room measuring 7 feet 3 inches by 9 feet 3 inches.

The property is near the Six Forks Road and Millbrook Road intersection in Raleigh. It is zoned OX-3 and was built in 1985.

Key Highlights

  • First‑floor office condominium with three offices, a work room, and an executive office or conference room
  • Executive office or conference room measures 11' x 24'
  • Work room measures 7'3'' x 9'3''

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Scalice Land Surveying, ... Land Surveyor Horizon Healthware Inc (Bike/Boat/Book/etc) Store MBM Builders Construction Company DSM Inc Specialty Food Shop

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Pharmacy Grocery & Convenience 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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.79 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,147
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Raleigh, NC

$26.32 /SF/Yr
Avg Asking Price
$2.5–$65.47 /SF/Yr
Price Range
20,168 SF
Avg Space Size

This space is priced 29% below the average of $26.32 /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

Frequently Asked Questions

What type of property is this?
Office unit - Updated finishes and a layout with multiple private offices support a range of professional work needs.
Where is this office unit located?
The property is located at 266 W Millbrook Road Raleigh, NC.
What is the lease rate?
The lease rate is $1,550/Mo.
What are key features of this property?
This property features: First‑floor office condominium with three offices, a work room, and an executive office or conference room; Executive office or conference room measures 11' x 24'; Work room measures 7'3'' x 9'3''
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