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    5000 Falls Of Neuse Rd Raleigh, NC 27609

    For Lease
    $23 SF/Yr

    Premium Office Space, I-440 Access

    Lot size:
    75,246 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Class B office building, located at 5000 Falls of Neuse Rd in Raleigh, NC 27609, offers 75,246 square feet of prime executive office space. The four-story building underwent renovations in 2012 and boasts ample parking with 270 spaces available. Multiple tenancy options are available, with spaces ranging from a minimum of 2,419 square feet to a maximum contiguous space of 6,460 square feet. Currently, 12,461 square feet of space is vacant and ready for immediate occupancy. The building's strategic location within the Falls of Neuse/Six Forks submarket provides convenient access to major thoroughfares, including I-440 and I-540, ensuring effortless commutes for employees and clients. Its proximity to numerous retail centers, diverse dining options, and burgeoning residential areas adds to its appeal. This property presents a unique opportunity for businesses seeking high-quality, well-maintained office space in a thriving Raleigh location. The building's modern amenities and convenient location make it an ideal choice for companies of all sizes seeking a prestigious address. Contact us today to learn more about the available spaces and schedule a viewing.

    Property Features for 5000 Falls Of Neuse Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    75,246 SF
    Class
    B
    Total Rate
    144221.5

    Building Details

    Year Renovated
    2012
    Stories
    4

    Unit(s) available at that property

    Space
    Suite 402
    Size
    6,460 SF
    Rate per SF
    $23
    Space
    Suite 420
    Size
    2,419 SF
    Rate per SF
    $23
    Space
    Suite 310
    Size
    3,582 SF
    Rate per SF
    $23

    HighLights

    • 75,246 square feet of rentable space
    • Four‑story building
    • 270 parking spaces available
    • Renovated in 2012
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brad Benham with ... Mortgage Lender Cantiere Homes Custom Home Builder GreenCo Solutions Contractor Aflac Insurance Agency Horace Mann Insurance ... Insurance Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -78.6136999
    Latitude
    35.8498891

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    FAQs

    What type of property is this?
    Office Property / Space - Premium Office Space, I-440 Access
    Where is this office property / space located?
    The property is located at 5000 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: 75,246 square feet of rentable space; Four-story building; 270 parking spaces available
    Request Owner's contact information
    5000 Falls Of Neuse Rd Raleigh, NC 27609
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    Raleigh, NC 27609
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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
    5000 Falls Of Neuse Rd Raleigh, NC 27609
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