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Single-Tenant Mixed-Use Facility
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2815 South Wilmington Street, Raleigh, NC 27603

Office and warehouse improvements include a gated laydown yard and an NNN lease extending through July 2028.

Property Size13,000 SF
Lot Size2.81 Acres
Days on Market4

Property Features for 2815 South Wilmington Street

General Information

Standard status Active
Size 13,000 SF
Lot size 2.81 Acres
Property subtype Industrial
Occupancy 100%

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Additional Details

Office Units 1

Building Details

Year Built 1998
Buildings 1
Building Size 13,000 SF
Tenancy Single
Owner Occupied No
Listing Agency: DRR Realty
Listed By: David Reynolds · License #167772
Source: Crexi
Added: Sep 14 Changed: Sep 16 Last Checked: Sep 16 at 2:42PM

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 DRR Realty

Investment Insights

Based on property information with market context.

This mixed-use property combines approximately ±13,000 square feet of office and warehouse improvements with a fully fenced and gated laydown yard of ±30,000 square feet. The building was completed in 1998 as a build-to-suit facility and occupies approximately 10% of the 2.806-acre site. The property has remained occupied by Service Experts for approximately 28 years, providing an established single-tenant operating history.

A Sixth Amendment to the lease was executed in April 2026, extending the term through July 31, 2028 on a triple net basis. The south and east yard areas provide room to expand, while the lease timeline supports an owner-occupant planning for possession in mid-2028. The property is located on South Wilmington Street in Raleigh, Wake County, North Carolina.

Key Highlights

  • ±13,000 square feet of office and warehouse improvements
  • 2.806‑acre site with improvements covering approximately 10% of the land area
  • Fully fenced and gated ±30,000‑square‑foot laydown yard

Property Analytics

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Current Use

Service Experts Heating ... HVAC Service Cooper & Honeycut Heating HVAC Service

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Pharmacy Skin Care Clinic Dental Office 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

1
Office units
100%
Occupancy
Single-tenant
Tenancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby

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
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Market

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?
Mixed-use property - Office and warehouse improvements include a gated laydown yard and an NNN lease extending through July 2028.
Where is this mixed-use property located?
The property is located at 2815 South Wilmington Street Raleigh, NC.
What are key features of this property?
This property features: ±13,000 square feet of office and warehouse improvements; 2.806‑acre site with improvements covering approximately 10% of the land area; Fully fenced and gated ±30,000‑square‑foot laydown yard
(919) 291-7748 Call to check price and availability
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