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Premier North Raleigh Office Space
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5909 Falls of Neuse Rd, Raleigh, NC 27609

High-visibility office space in North Raleigh near retail amenities.

Space SizeContact for details
Property Size19,370 SF
Days on Market2029

Property Features for 5909 Falls of Neuse Rd

General Information

Standard status Active
Size 19,370 SF
Class B
Property subtype Office
Lease Type Full Service

Building Details

Building Size 19,370 SF
Year Built 1992
Tenancy Multiple

Spaces For Lease

at 5909 Falls of Neuse Rd Contact us

Second Floor Suite 200

Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Lee & Associates - Raleigh Durham
Listed By: Brian Farmer · License #NC 183406
Source: Crexi
Added: Jan 22, 2021 Changed: Aug 8 Last Checked: Aug 12 at 9:34AM

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 Durham

Investment Insights

Based on property information with market context.

The property at 5909 Falls of Neuse Road offers a location in North Raleigh with high visibility on Falls of Neuse Road, situated just south of Spring Forest Road. The surrounding area features numerous retail amenities within a half-mile radius, including North Ridge Shopping Center, Harris Teeter, Starbucks, CAVA, Chopt, Chipotle, O2 Fitness, Zoe’s, Salt & Lime, Jersey Mike’s, and Ace Hardware.

Key Highlights

  • Premier North Raleigh location with high visibility on Falls of Neuse Road.
  • Surrounded by numerous retail amenities within a half‑mile.
  • Proximity to North Ridge Shopping Center.

Property Analytics

Current Use

Fiduciary Litigation Group Law Firm Jeffrey Deckert Counselor Robin K. Rosario, ... Counselor New Spring Counseling, ... Counselor REMC Real Estate Agency

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Restaurant Storage Facility

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
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,120
Businesses Nearby

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

Market

Lease Benchmarks for Raleigh, NC

$36.85 /SF/Yr
Avg Asking Price
$0.95–$371 /SF/Yr
Price Range
31,278 SF
Avg Space Size

This space is priced 38% below the average of $36.85 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - High-visibility office space in North Raleigh near retail amenities.
Where is this office units located?
The property is located at 5909 Falls of Neuse Rd Raleigh, NC.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Premier North Raleigh location with high visibility on Falls of Neuse Road.; Surrounded by numerous retail amenities within a half‑mile.; Proximity to North Ridge Shopping Center.
(919) 576-2503 Call to check price and availability
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