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Warehouse with Outdoor Storage/Parking
For Lease
$12.50 SF/Yr

900 Freedom Dr, Raleigh, NC 27610

13,862 SF warehouse with outdoor storage/parking near major intersections.

Space Size13,862 SF
Property Size77,980 SF
Lot Size0.33 Acres
Days on Market152

Property Features for 900 Freedom Dr

General Information

Standard status Active
Size 13,862 SF
Lot size 0.33 Acres
Property subtype Industrial
Lease Term NNN

Building Details

Building Size 77,980 SF
Year Built 1997

Spaces For Lease

at 900 Freedom Dr
Unit 3 $12.50/SF/Yr
Size 13,862 SF
Term Negotiable
Contact us
Listing Agency: Lee & Associates - Raleigh Durham
Listed By: Ryan Lawler · License #311211
Source: Lee-associates
Added: May 19 Changed: Oct 16 Last Checked: Oct 16 at 5:56AM

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

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Investment Insights

Based on property information with market context.

This 13,862 square foot warehouse unit includes approximately 500 square feet of office space. The unit features one drive-in door and one dock door with a platform. It also offers approximately 0.33 acres of outdoor storage or parking. The property is located off New Bern Avenue, near the intersections of I-87, I-540, and I-440. The property consists of two buildings; one building is 33,000 square feet and the other is 45,956 square feet, each with over 1 acre of laydown yard.

Key Highlights

  • ±13,862 SF Unit with ±500 SF Office
  • Benefit from ±0.33 acres of outdoor storage/parking
  • Convenient location near I‑87, I‑540, and I‑440 intersections

Property Analytics

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Current Use

Sewell Motor Express Trucking Company Head Quarters Taxidermy ... Taxidermist Big Rock Sports (Bike/Boat/Book/etc) Store Carolina Fur Dressing-Closing ... Factory

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency HVAC Service Skin Care Clinic Spa & Massage Center

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
$1.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

526
Businesses Nearby
Balanced
Demand for This Use

Demographics for 27610, NC

75,164
Population
29,245
Households
2.6
Avg Household Size
34
Median Age
28%
College-Educated
86%
High-School Grad
45.2 sq mi
ZIP Area
1,663
Density / Sq Mi
$66,245
Median Household Income
$37,582
Median Earnings
$1,319
Median Rent
$260,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Raleigh, NC

$15.42 /SF/Yr
Avg Asking Price
$11.5–$22 /SF/Yr
Price Range
21,670 SF
Avg Space Size

This space is priced 19% below the average of $15.42 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • SmartStop Self Storage — 5012 New Bern Ave, Raleigh, NC 27610, United States
  • Self-Storage at U-Haul — 4720 New Bern Ave, Raleigh, NC 27610

Frequently Asked Questions

What type of property is this?
Warehouse - 13,862 SF warehouse with outdoor storage/parking near major intersections.
Where is this warehouse located?
The property is located at 900 Freedom Dr Raleigh, NC.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: ±13,862 SF Unit with ±500 SF Office; Benefit from ±0.33 acres of outdoor storage/parking; Convenient location near I‑87, I‑540, and I‑440 intersections
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