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Class A Office Building Lease
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1511 Sunday Dr, Raleigh, NC 27607

Class A office building available for lease.

Space Size4,068 SF - 9,387 SF
Property Size62,000 SF
Days on Market1630

Property Features for 1511 Sunday Dr

General Information

Standard status Active
Size 4,068 SF - 9,387 SF
Class A
Property subtype Office
Lease Type Full Service

Building Details

Building Size 62,000 SF
Tenancy Multiple

Spaces For Lease

at 1511 Sunday Dr Contact us

Suite 220

Size
4,068 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 120

Size
4,877 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 200

Size
9,387 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Avison Young - Raleigh Durham
Listed By: Michael Vulpis · License #222157
Source: Crexi
Added: Feb 21, 2022 Changed: Aug 7 Last Checked: Aug 9 at 8:31AM

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 Avison Young - Raleigh Durham

Investment Insights

Based on property information with market context.

This is a Class A office building available for lease.

Key Highlights

  • Class A office building

Property Analytics

Current Use

Guaranteed Rate of Raleigh ... Loan Service Morgan Cable, Liberty ... Insurance Agency Tara Carson Insurance Agency Jennifer Richardson, Insurance ... Insurance Agency Robert Messig, Comparion ... Insurance Agency

Suggested Use

Top Pick Dental Office Auto Parts Store Nail Salon Hair Salon Spa & Massage Center Skin Care Clinic

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
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

640
Businesses Nearby

Demographics for 27607, NC

27,182
Population
10,698
Households
2.5
Avg Household Size
27
Median Age
71%
College-Educated
96%
High-School Grad
17.4 sq mi
ZIP Area
1,562
Density / Sq Mi
$95,216
Median Household Income
$49,365
Median Earnings
$1,529
Median Rent
$639,200
Median Home Value

Market

Lease Benchmarks for Raleigh, NC

$32.49 /SF/Yr
Avg Asking Price
$23.5–$48.5 /SF/Yr
Price Range
69,852 SF
Avg Space Size

This space is priced 2% below the average of $32.49 /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 building - Class A office building available for lease.
Where is this office building located?
The property is located at 1511 Sunday Dr Raleigh, NC.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: Class A office building
More about this property
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