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Multi-Office Suite

3950 Blue Ridge Rd, Raleigh, NC 27612

For Lease
$38 SF/Yr Modified Gross

Modified-gross space includes conference rooms, private offices, kitchens, and reception areas.

Space Size2,420 SF
Days on Market11

Property Features for 3950 Blue Ridge Rd

General Information

Standard status Active
Size 2,420 SF
Net Rentable 2,420 SF
Property subtype Office
Lease Type Modified Gross
Lease Term $38 SF/yr (MG)

Space & Availability

Available Space 2,420 SF
Contiguous Space 2,420 SF
Space Use Office
Private Offices 6
Meeting Rooms 2

Lease Terms

Lease Rate $38 /SF/YR
Monthly Rent $7,663
Rent per SF/Year $38

Site & Location

Neighborhood Cbfd3d89-1623-446e-Aa1b-10c21f2f1a09
Highway Access Yes

Amenities

Adjacent to Crabtree Valley Mall
access to House Creek Greenway
access to Crabtree Creek Trail
0.4 miles to US-70
1 mile to I-440

Building Details

Year Built 1996

Spaces For Lease

at 3950 Blue Ridge Rd
3950 Blue Ridge Road $38/SF/Yr
Size 2,420 SF
Type Office Building
Term Negotiable
Contact us
Listed By: Hunt Wyche
Source: Triprop
Added: Oct 30 Changed: Nov 5 Last Checked: Nov 8 at 4:32AM

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 Hunt Wyche

Rey
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Investment Insights

Based on property information with market context.

An office suite totaling 2,420 RSF is available in a building constructed in 1996. The layout includes 6 private offices, 2 conference rooms, 2 bathrooms, 2 kitchens, and 2 reception and sitting areas. The lease structure is modified gross.

At 3950 Blue Ridge Rd in Raleigh, the property is 0.4 miles from US-70 and 1 mile from I-440. Crabtree Valley Mall is adjacent to the property, while House Creek Greenway is 0.1 miles away and Crabtree Creek Trail is 0.3 miles away. The location also provides access to the Raleigh, RTP, Durham, and Chapel Hill areas.

Key Highlights

  • 2,420 RSF of office space available
  • 6 private offices and 2 conference rooms
  • 2 bathrooms, 2 kitchens, and 2 reception/sitting areas

Property Analytics

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

Current Use

Smart Choice Realty Real Estate Agency

Suggested Use

Top Pick Hair Salon Pharmacy Auto Parts Store Nail Salon Electrical Service Daycare Center

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
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

957
Businesses Nearby

Demographics for 27612, NC

39,576
Population
21,582
Households
1.8
Avg Household Size
38
Median Age
66%
College-Educated
96%
High-School Grad
16.6 sq mi
ZIP Area
2,384
Density / Sq Mi
$95,565
Median Household Income
$57,216
Median Earnings
$1,544
Median Rent
$481,500
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

$26.07 /SF/Yr
Avg Asking Price
$2.5–$65.47 /SF/Yr
Price Range
19,574 SF
Avg Space Size

This space is priced 46% above the average of $26.07 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Raleigh, NC

$38.62 Jul
$36.51 Aug
$35.7 Sep
$26.13 Oct

Properties on Market for Office Units in Raleigh

Jul
Aug
Sep
Oct

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 - Modified-gross space includes conference rooms, private offices, kitchens, and reception areas.
Where is this office unit located?
The property is located at 3950 Blue Ridge Rd Raleigh, NC.
What is the lease rate?
The lease rate is $38 SF/Yr.
What are key features of this property?
This property features: 2,420 RSF of office space available; 6 private offices and 2 conference rooms; 2 bathrooms, 2 kitchens, and 2 reception/sitting areas
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