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    4325 Lake Boone Trl Raleigh, NC 27607

    For Lease
    $34 SF/Yr

    West Raleigh medical office suites available

    Lot size:
    41,775 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class B medical office building, Rexwoods IV, offers 41,775 square feet of space in the desirable West Raleigh submarket, specifically the Blue Ridge cluster. Located at 4325 Lake Boone Trail, Raleigh, NC 27607, this single, three-story building boasts 13,925 square foot floorplates and provides convenient access to major thoroughfares, including I-40 and I-440, ensuring easy commutes to Downtown Raleigh, Cary, and the Research Triangle Park (RTP). Currently, 15,870 square feet of space is available, divisible into units ranging from a minimum of 1,332 square feet to a maximum contiguous space of 9,667 square feet. Built in 1991, the property features ample parking (4:100 ratio) and on-site property management and maintenance. Its prime location directly across from UNC Rex Hospital, a nationally recognized hospital, makes this an ideal location for medical practices seeking high visibility and convenient access to a large patient base. The building is situated in Wake County.

    Property Features for 4325 Lake Boone Trl

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    41,775 SF
    Class
    B
    Total Rate
    118362.5

    Building Details

    Year Built
    1991
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 200
    Size
    9,667 SF
    Rate per SF
    $34
    Space
    102
    Size
    1,332 SF
    Rate per SF
    $34
    Space
    214
    Size
    1,601 SF
    Rate per SF
    $34

    HighLights

    • Class B medical office building totaling 41,775 square feet in West Raleigh's Blue Ridge cluster.
    • Located at 4325 Lake Boone Trail, Raleigh, NC 27607, with easy access to I‑40 and I‑440.
    • Features 13,925 square foot floorplates and 15,870 square feet currently available, divisible to 1,332‑9,667 square feet.
    • Offers ample parking (4:100 ratio), on‑site management, and was built in 1991.
    • Prime location across from UNC Rex Hospital.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The East Group Architect UNC Health Care Medical Clinic Jaime Doody, MD Pediatrician Ashley Elizabeth McMillen, ... Audiologist Amy Askew Gynecologist

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7029438
    Latitude
    35.8149798

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    FAQs

    What type of property is this?
    Medical office - West Raleigh medical office suites available
    Where is this medical office located?
    The property is located at 4325 Lake Boone Trl Raleigh, NC.
    What is the lease rate?
    The lease rate is $34 SF/Yr.
    What are key features of this property?
    This property features: Class B medical office building totaling 41,775 square feet in West Raleigh's Blue Ridge cluster.; Located at 4325 Lake Boone Trail, Raleigh, NC 27607, with easy access to I-40 and I-440.; Features 13,925 square foot floorplates and 15,870 square feet currently available, divisible to 1,332-9,667 square feet.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4325 Lake Boone Trl Raleigh, NC 27607
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