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    2300 Rexwoods Dr Raleigh, NC 27607

    For Lease
    $35 SF/Yr

    Raleigh, NC medical office building with 15,870 SF available.

    Lot size:
    61,060 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This three-story, 61,060 square foot Class B medical office building, located at 2300 Rexwoods Dr in Raleigh, NC 27607, offers multiple tenancy options. Built in 1990 and extensively renovated in 2020, the building features approximately 20,353 square foot floorplates. Currently, there are three available spaces ranging from 7,654 to 12,538 square feet. The property enjoys a prime location in Wake County's West Raleigh submarket, specifically the Blue Ridge corridor. Its proximity to UNC Rex Hospital, a nationally recognized hospital, provides exceptional visibility and access to a large patient base. The building is conveniently situated between Interstates 40 and 440, offering easy access to Downtown Raleigh, Cary, and the Research Triangle Park (RTP). Furthermore, its location near Lake Boone Shopping Center and Marketplace at Lake Boone provides employees and patients with convenient access to restaurants and retail amenities. This well-maintained building presents a unique opportunity for medical practices seeking a modern, accessible, and strategically located space within a thriving medical community.

    Property Features for 2300 Rexwoods Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    61,060 SF
    Class
    B
    Total Rate
    178091.67

    Building Details

    Year Built/Renovated
    1990/2020
    Stories
    3

    Unit(s) available at that property

    Space
    100
    Size
    10,013 SF
    Rate per SF
    $35
    Space
    Suite 250
    Size
    7,654 SF
    Rate per SF
    $35
    Space
    200
    Size
    12,538 SF
    Rate per SF
    $35
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chaila Yarborough, Counselor Life Coach Mindi Perry, Counselor Psychotherapist Ireland Gibbs, Counselor Psychologist Booth & Associates LLC Engineering Consultant Blue Heel Development Contractor

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Spa & Massage 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
    -78.701910167763
    Latitude
    35.814182797965

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    FAQs

    What type of property is this?
    Medical office - Raleigh, NC medical office building with 15,870 SF available.
    Where is this medical office located?
    The property is located at 2300 Rexwoods Dr Raleigh, NC.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    Request Owner's contact information
    2300 Rexwoods 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
    2300 Rexwoods Dr Raleigh, NC 27607
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