Updated Office Building in
For Lease
$23.50 SF/Yr
5540 Centerview Drive, Raleigh, NC 27606
Four-story office building with move-in ready suites for lease.
Property Size95,088 SF
Days on Market309
Property Features for 5540 Centerview Drive
General Information
Standard status
Active
Size
95,088 SF
Property subtype
Office
Listing Agency:
Lee & Associates | Raleigh
(919) 906-0524
Listed By:
Scott Hadley · License #102540
(919) 906-0524
Source:
Lee-associates
Added: Sep 25, 2025
Changed: Jul 6
Last Checked: Jul 30 at 3:34AM
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 Lee & Associates | Raleigh
Investment Insights
Based on property information with market context.
This updated, four-story office building offers approximately 95,088 square feet of space and is situated on approximately 9.19 acres in West Raleigh. The building features extensive glass lines, providing views of the city, and select suites include private balconies. Suites are move-in ready. Located in the West Raleigh sub-market, the building is convenient to RTP and RDU International Airport and in close proximity to restaurants and retail at Crossroads Shopping Center. Food trucks are available on site daily. Available suites include: Suite 101 with 4,968 RSF; Suite 217 with 3,151 RSF; Suite 304 with 2,174 RSF; Suite 316 with approximately 2,950 RSF (available 3/1/26); Suite 317 with 2,290 RSF; Suite 405 with 2,554 RSF; and Suites 415/421 with 6,978 SF (divisible to 3,422 SF & 3,556 SF). Suites 405, 415, and 421 can be combined for a total of 9,532 RSF. The building provides level 3 fiber optics and parking at a ratio of 4.6 spaces per 1,000 SF. The property is locally owned.
Key Highlights
- Move‑in ready suites available, offering immediate occupancy.
- Prime West Raleigh location, convenient to RTP and RDU International Airport.
- Modern, updated four‑story office building with EXTENSIVE GLASS LINES AND CITY VIEWS.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.53 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,104
Businesses Nearby
Explore this area
Business Placement
Demographics for 27606, NC
48,343
Population
22,199
Households
2.2
Avg Household Size
29
Median Age
59%
College-Educated
93%
High-School Grad
24.5 sq mi
ZIP Area
1,973
Density / Sq Mi
$75,640
Median Household Income
$40,950
Median Earnings
$1,369
Median Rent
$423,900
Median Home Value
Market
Lease Benchmarks for Raleigh, NC
$32.62 /SF/Yr
Avg Asking Price
$23.5–$48.5 /SF/Yr
Price Range
71,247 SF
Avg Space Size
This space is priced 28% below the average of $32.62 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Four-story office building with move-in ready suites for lease.
Where is this office building located?
The property is located at 5540 Centerview Drive Raleigh, NC.
What is the lease rate?
The lease rate is $23.50 SF/Yr.
What are key features of this property?
This property features: Move‑in ready suites available, offering immediate occupancy.; Prime West Raleigh location, convenient to RTP and RDU International Airport.; Modern, updated four‑story office building with EXTENSIVE GLASS LINES AND CITY VIEWS.
