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Historic Mixed-Use Development

404 Glenwood Ave, Raleigh, NC 27603

For Lease
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Planned residential, office, retail, and dining uses are part of a redevelopment centered on a designated historic landmark.

Space Size18,263 SF - 25,240 SF
Days on Market42

Property Features for 404 Glenwood Ave

General Information

Standard status Active
Size 18,263 SF - 25,240 SF
Property subtype Office

Site & Location

Neighborhood 2c44021d-F2e4-479a-9c97-Dbad30500bb4

Additional Details

Space Use Office

Spaces For Lease

at 404 Glenwood Ave Contact us

10th Floor Active

Size 18,263 SF
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11th Floor Active

Size 25,240 SF
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12th Floor Active

Size 25,235 SF
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13th Floor Active

Size 25,240 SF
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14th Floor Active

Size 25,235 SF
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15th Floor Active

Size 25,240 SF
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16th Floor Active

Size 25,235 SF
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17th Floor Active

Size 25,240 SF
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18th Floor Active

Size 25,235 SF
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19th Floor Active

Size 25,240 SF
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Listing Agency: JLL - Raleigh, North Carolina
Listed By: Patti Autry · License NC #278796
Source: Crexi
Added: Sep 29 Changed: Nov 9 Last Checked: Nov 9 at 1:54PM

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 JLL - Raleigh, North Carolina

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Investment Insights

Based on property information with market context.

The planned mixed-use project centers on The Creamery, a Raleigh landmark established in 1928 and designated a historic landmark in 1997. The development is described as including residential space, office space at 404 Glenwood, and retail and dining uses.

The project is at the corner of Glenwood Avenue and Tucker Street in Raleigh. Highline Glenwood, identified as a residential tower, is also part of the planned development.

Key Highlights

  • The Creamery was established in 1928 and designated a Raleigh historic landmark in 1997
  • Planned development includes residential, office, retail, and dining uses
  • Office component identified at 404 Glenwood

Property Analytics

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

Current Use

Downtown Kicks Clothing & Fashion Store City Hall Boutique ... Hotel & Motel DAK Tile Carpet & Flooring Store Modern Surfaces Department Store Citygate Property Management Property Management Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Restaurant Mobile Phone Store Locksmith Nursing Home

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

3,770
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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Planned residential, office, retail, and dining uses are part of a redevelopment centered on a designated historic landmark.
Where is this mixed-use property located?
The property is located at 404 Glenwood Ave Raleigh, NC.
What are key features of this property?
This property features: The Creamery was established in 1928 and designated a Raleigh historic landmark in 1997; Planned development includes residential, office, retail, and dining uses; Office component identified at 404 Glenwood
(919) 424-8156 · Office Call to check price and availability
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