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2201 Iron Works Drive, Raleigh, NC 27604

Retail and office spaces available in Raleigh, North Carolina.

Days on Market251

Property Features for 2201 Iron Works Drive

General Information

Standard status Active
Property subtype Office
Listing Agency:
Listed By: Brad Corsmeier
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Jul 30 at 2:32AM

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 Brad Corsmeier

Investment Insights

Based on property information with market context.

This property features ground floor retail space facing a pedestrian promenade, along with creative office space on the second and third floors within a historic structure. Additionally, there is 370,098 square feet of new Class-A office space available, which includes covered parking.

Key Highlights

  • 370,098 SF of new Class‑A office space
  • Ground floor retail facing the pedestrian promenade
  • Covered parking available

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Locksmith Catering Service (Bike/Boat/Book/etc) Store Real Estate Agency Accounting Firm

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

872
Businesses Nearby

Demographics for 27604, NC

46,076
Population
20,828
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
89%
High-School Grad
19.1 sq mi
ZIP Area
2,412
Density / Sq Mi
$72,793
Median Household Income
$44,471
Median Earnings
$1,386
Median Rent
$293,100
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

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 units - Retail and office spaces available in Raleigh, North Carolina.
Where is this office units located?
The property is located at 2201 Iron Works Drive Raleigh, NC.
What are key features of this property?
This property features: 370,098 SF of new Class‑A office space; Ground floor retail facing the pedestrian promenade; Covered parking available
More about this property
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