Flex Campus With Warehouse
For Lease
Contact for pricing
517 Mercury St, Raleigh, NC 27603
Multi-building property combines office, warehouse, shed, and outdoor storage components.
Space Size42,125 SF
Days on Market194
Property Features for 517 Mercury St
General Information
Standard status
Active
Size
42,125 SF
Net Rentable
13,200 SF
Property subtype
Warehouse
Space & Availability
Available Space
13,200-57,178 SF
Contiguous Space
28,618 SF
Space Use
Office
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Warehouse Space
15,360 SF
Three-Phase Power
Yes
Amenities
two kitchens
mailroom
Gym w/showers
cafeteria
Building Details
Building Size
42,125 SF
Year Built
1972
Buildings
3
Spaces For Lease
at 517 Mercury St Contact us- Size
- 42,125 SF
- Lease Type
- Gross
517 Mercury ST.
Listing Agency:
The Lewis Group
(919) 828-8800
Listed By:
William Michael Lewis · License #124756
(919) 828-8800
Source:
Thebrokerlist
Added: Feb 18
Changed: Aug 30
Last Checked: Aug 30 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 The Lewis Group
Investment Insights
Based on property information with market context.
This flex property includes three separate improvements with complementary commercial functions. The first building provides approximately 28,618 SF of office space with two kitchens, a mailroom, gym facilities with showers, and a cafeteria. The second building contains approximately 15,360 SF of warehouse space, while the third is a 13,200 SF shed that includes an approximately 648 SF conditioned office area. The property was built in 1972.
Approximately .3 acres of outside storage space is included, with potential for additional outdoor storage. The site has 277/480 3 Phase Power. Additional expansion is available through a separate building at 600 Mercury Street, allowing for a larger connected operating footprint. The property is across from the Farmer's Market, adjacent to I-440/Hwy 401, and near downtown Raleigh.
Approximately .3 acres of outside storage space is included, with potential for additional outdoor storage. The site has 277/480 3 Phase Power. Additional expansion is available through a separate building at 600 Mercury Street, allowing for a larger connected operating footprint. The property is across from the Farmer's Market, adjacent to I-440/Hwy 401, and near downtown Raleigh.
Key Highlights
- Approximately 28,618 SF office building with two kitchens, mailroom, gym with showers, and cafeteria
- Approximately 15,360 SF warehouse building
- 13,200 SF shed with approximately 648 SF conditioned office area
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
449
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Market
Lease Benchmarks for Raleigh, NC
$23.12 /SF/Yr
Avg Asking Price
$11.5–$65.47 /SF/Yr
Price Range
17,422 SF
Avg Space Size
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Multi-building property combines office, warehouse, shed, and outdoor storage components.
Where is this flex space located?
The property is located at 517 Mercury St Raleigh, NC.
What are key features of this property?
This property features: Approximately 28,618 SF office building with two kitchens, mailroom, gym with showers, and cafeteria; Approximately 15,360 SF warehouse building; 13,200 SF shed with approximately 648 SF conditioned office area
