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    1511 Sunday Dr Raleigh, NC 27607

    Sponsored
    For Lease
    $29 SF/Yr

    Raleigh, NC Class A Office Space Available

    Lot size:
    62,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Arena Centre, a prestigious Class A office building in Raleigh, NC, offers exceptional executive office space. Located at 1511 Sunday Dr, in Wake County, this three-story building boasts a total of 62,000 square feet. Currently, there are 35,660 square feet of vacant space available, divisible into units ranging from a minimum of 1,312 square feet to a maximum contiguous space of 10,219 square feet. Seven individual spaces are currently available for lease. The building features modern amenities, including recently updated common areas with new carpeting and granite tile in the lobby. This prime location in Raleigh's vibrant business district provides easy access to major transportation routes and a wealth of local amenities. The Arena Centre is ideal for businesses seeking high-quality, flexible office space in a desirable location. The building's multiple tenancy structure allows for a variety of business sizes and needs. Contact us today to learn more about the available spaces and lease terms. This is a rare opportunity to secure exceptional office space in a highly sought-after location. The building's Class A designation reflects its superior construction, amenities, and location.

    Property Features for 1511 Sunday Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    62,000 SF
    Class
    A
    Total Rate
    149833.33

    Building Details

    Stories
    3

    Unit(s) available at that property

    Space
    Suite 300
    Size
    6,227 SF
    Rate per SF
    $29
    Space
    Suite 316
    Size
    5,680 SF
    Rate per SF
    $29
    Space
    Suite 308
    Size
    3,277 SF
    Rate per SF
    $29
    Space
    Suite 120
    Size
    4,877 SF
    Rate per SF
    $29
    Space
    Suite 200
    Size
    10,219 SF
    Rate per SF
    $29
    Space
    Suite 220
    Size
    4,068 SF
    Rate per SF
    $29
    Space
    Suite 116
    Size
    1,312 SF
    Rate per SF
    $29

    HighLights

    • High‑visibility building signage available.
    • Abundant natural light from floor‑to‑ceiling windows.
    • Professional on‑site management and maintenance services.
    • Impressive two‑story atrium lobby.
    • Prime location with convenient access to I‑40, I‑440, I‑540, Research Triangle Park, RDU Airport, and Cary.
    Property Profile Location Intelligence

    Current Use by Public Records

    Guaranteed Rate of Raleigh ... Mortgage Lender Morgan Cable, Liberty ... Auto Insurance Agency Tara Carson Insurance Agency Jennifer Richardson, Insurance ... Insurance Agency Robert Messig, Comparion ... Insurance Agency

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply 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
    -78.7299416
    Latitude
    35.7995408

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    FAQs

    What type of property is this?
    Office Property / Space - Raleigh, NC Class A Office Space Available
    Where is this office property / space located?
    The property is located at 1511 Sunday Dr Raleigh, NC.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: High-visibility building signage available.; Abundant natural light from floor-to-ceiling windows.; Professional on-site management and maintenance services.
    Request Owner's contact information
    1511 Sunday Dr Raleigh, NC 27607
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    Raleigh, NC 27607
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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
    1511 Sunday Dr Raleigh, NC 27607
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