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Office Space Near Midtown

4505 Falls Of Neuse Rd, Raleigh, NC 27609

For Lease
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Office spaces for rent near Midtown with desirable amenities.

Space Size10,157 SF
Days on Market229

Property Features for 4505 Falls Of Neuse Rd

General Information

Standard status Active
Size 10,157 SF
Class B
Property subtype office

Site & Location

Neighborhood North Raleigh

Spaces For Lease

at 4505 Falls Of Neuse Rd
Available Space Immediate
Floor 5
Size 10,157 SF
Type Office
Term Negotiable
Sublease Yes
Contact us
Listing Agency: Raleigh
Listed By: Casey McCullough · License NC #296389
Source: Property.jll
Added: Mar 26 Changed: Nov 4 Last Checked: Nov 8 at 2:22AM

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 Raleigh

Rey
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Investment Insights

Based on property information with market context.

Located near Midtown, Somerset North offers office spaces for rent. The property is surrounded by restaurants, shopping, fitness, and entertainment options. The location is on Falls of Neuse Road in Raleigh, NC.

Key Highlights

  • Near Midtown location
  • Surrounded by restaurants
  • Surrounded by shopping options

Property Analytics

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

Current Use

ASHE Carolina Triangle ... Charitable Organization FedEx Drop Box Postal Service Thayer Homes Construction Company MEDCALL Pharmacy Univision Network Media Distribution

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Storage Facility Building Supply Grocery & Convenience Store Auto Parts Store

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

1,829
Businesses Nearby
Well-served
Demand for This Use

Demographics for 27609, NC

36,218
Population
19,740
Households
1.8
Avg Household Size
38
Median Age
61%
College-Educated
93%
High-School Grad
10.9 sq mi
ZIP Area
3,323
Density / Sq Mi
$81,538
Median Household Income
$53,670
Median Earnings
$1,393
Median Rent
$441,100
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

$26.52 /SF/Yr
Avg Asking Price
$2.5–$65.47 /SF/Yr
Price Range
19,320 SF
Avg Space Size

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

$37.67 Jul
$35.34 Aug
$34.72 Sep
$27.05 Oct

Properties on Market for Office Spaces 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

Similar Off Market Nearby

  • SPIN — 3708 Benson Dr, Raleigh, NC 27609
  • CyberSecurity Corp — 4030 Wake Forest Rd #118, Raleigh, NC 27609
  • Computer Repair Specialists — 4030 Wake Forest Rd Suite 300, Raleigh, NC 27609
  • Constellation Imagery & Marketing Solutions — 4205 Wake Forest Rd #207, Raleigh, NC 27609
  • TV Tech — 4336 Bland Rd, Raleigh, NC 27609

Frequently Asked Questions

What type of property is this?
Office space - Office spaces for rent near Midtown with desirable amenities.
Where is this office space located?
The property is located at 4505 Falls Of Neuse Rd Raleigh, NC.
What are key features of this property?
This property features: Near Midtown location; Surrounded by restaurants; Surrounded by shopping options
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Includes: Price & PSF · Cap rate · Location · Zoning

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