Industrial Space Near Highway
For Lease
Contact for pricing
431 Milburnie Lake Dr, Raleigh, NC
Industrial property with highway access and ample parking.
Space Size26,260 SF
Lot Size54.19 Acres
Days on Market514
Property Features for 431 Milburnie Lake Dr
General Information
Standard status
Active
Size
26,260 SF
Lot size
54.19 Acres
Property subtype
INDUSTRIAL
Spaces For Lease
at 431 Milburnie Lake Dr Contact us- Floor
- 1
- Size
- 26,260 SF
- Type
- INDUSTRIAL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
431 Milburnie Lake Dr
- Two buildings will range from +/- 221,363 to
+/- 289,632 SF for a total of +/-...
show more
Contact us
Listing Agency:
JLL | Raleigh
(919) 424-8154
Listed By:
Tim Robertson, SIOR · License #291030
(704) 654-9880
Source:
Moodyscre
Added: Mar 26, 2025
Changed: Aug 8
Last Checked: Aug 20 at 12:39PM
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
Investment Insights
Based on property information with market context.
This industrial property features two buildings ranging from approximately 221,363 to 289,632 square feet, totaling approximately 510,995 square feet. Situated on a 54.13-acre site, Knightdale Gateway offers a location with access to the Research Triangle region via I-540 and US Highway 64. The property includes an ESFR sprinkler system and a 36-foot clear height. It features a concrete truck court with trailer parking and 435 car parking spaces. The property has direct frontage along US Highway 64 and a full movement traffic signal at the park entrance. It is located 0.7 miles from I-540, 2.7 miles from I-87, and 3.3 miles from I-440.
Key Highlights
- Premier location with convenient access to the Research Triangle region via I‑540 and US Highway 64.
- Total of +/- 510,995 SF across two buildings.
- 36’ Clear Height.
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
109
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Lease Benchmarks for Raleigh, NC
$14.13 /SF/Yr
Avg Asking Price
$11.5–$16.5 /SF/Yr
Price Range
32,976 SF
Avg Space Size
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial property with highway access and ample parking.
Where is this warehouse located?
The property is located at 431 Milburnie Lake Dr Raleigh, NC.
What are key features of this property?
This property features: Premier location with convenient access to the Research Triangle region via I‑540 and US Highway 64.; Total of +/- 510,995 SF across two buildings.; 36’ Clear Height.
