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    2309 Spring Forest Rd Raleigh, NC 27615

    Sponsored
    For Lease
    $37 SF/Yr

    10 Suites, 15,050 SF Available, Class A

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A retail property, located at 2309 Spring Forest Rd, Raleigh, NC 27615, offers 10 available suites in a vibrant Raleigh submarket. The building, completed in 2025, boasts a total of 20,000 square feet, with individual suite sizes ranging from a minimum of 1,880 square feet to a maximum contiguous space of 2,850 square feet. Currently, 15,050 square feet are vacant, presenting a significant opportunity for multiple tenants. The two-story building features ample parking with 93 spaces conveniently located for customers and employees. The property is served by Duke Energy and includes elevators for easy access to both floors. Its strategic location on Spring Forest Rd, with cross access to Atlantic Avenue, ensures high visibility and accessibility. This is an ideal location for fast-food restaurants or similar businesses seeking a modern, well-maintained space in a thriving area of Raleigh. The property's Class A designation reflects its superior construction and amenities. Don't miss this chance to secure prime retail space in a high-demand location.

    Property Features for 2309 Spring Forest Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF
    Class
    A
    Total Rate
    61666.67

    Building Details

    Year Built
    2025
    Stories
    2

    Unit(s) available at that property

    Space
    1st Floor Ste 107
    Size
    1,880 SF
    Rate per SF
    $37
    Space
    1st Floor Ste 113
    Size
    2,800 SF
    Rate per SF
    $39
    Space
    1st Floor Ste 109
    Size
    1,880 SF
    Rate per SF
    $37
    Space
    1st Floor Ste 111
    Size
    1,880 SF
    Rate per SF
    $39
    Space
    1st Floor Ste 101
    Size
    2,850 SF
    Rate per SF
    $39
    Space
    1st Floor Ste 105
    Size
    1,880 SF
    Rate per SF
    $37
    Space
    1st Floor Ste 103
    Size
    1,880 SF
    Rate per SF
    $37

    HighLights

    • New two‑story shell building.
    • Rooftop deck and patios.
    • Contemporary design.
    • Two street‑facing storefronts (one street, one parking lot) for maximum visibility.
    • Tinted storefront glass for privacy.
    • Purple LED accent lighting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.6011916
    Latitude
    35.8621147

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    FAQs

    What type of property is this?
    Restaurant - 10 Suites, 15,050 SF Available, Class A
    Where is this restaurant located?
    The property is located at 2309 Spring Forest Rd Raleigh, NC.
    What is the lease rate?
    The lease rate is $37-$39 SF/Yr.
    What are key features of this property?
    This property features: New two-story shell building.; Rooftop deck and patios.; Contemporary design.
    Request Owner's contact information
    2309 Spring Forest Rd Raleigh, NC 27615
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    Raleigh, NC 27615
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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
    2309 Spring Forest Rd Raleigh, NC 27615
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