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    Wake Frst Rd & Whitaker Rd Raleigh, NC 27608

    Sponsored
    For Lease
    Contact for pricing

    Prime Raleigh office space, flexible layouts.

    Lot size:
    46,877 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Raleigh, NC commercial property, located at the intersection of Wake Forest Road and Whitaker Road, offers a unique opportunity for businesses seeking executive office space. The East End Market boasts a total of 46,877 square feet across a 10-story building, currently fully vacant and available for lease. The space is divisible into units as small as 2,204 square feet, with a maximum contiguous space of 24,100 square feet, providing flexibility for various business needs. Situated within Wake County, this property benefits from its strategic location just inside Raleigh's I-440 Inner Beltline, anchoring the rapidly developing East End submarket. The location is ideally positioned between the historic Five Points and Mordecai neighborhoods, offering excellent access to established residential areas and key transportation routes. This project is part of a larger development, with Phase 2 including a significant expansion of office space, luxury apartments, and additional retail space. Phase 1, an adaptive reuse of a 70,000 square foot warehouse, currently features a mix of creative office spaces and food and beverage establishments, including East End Bistrot, Common Desk, and East Bower Cider Co., establishing a vibrant and established community. The property's zip code is 27608. This is an unparalleled opportunity to establish a presence in a thriving and historically significant area of Raleigh.

    Property Features for 0 Wake Frst Rd & Whitaker Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    46,877 SF

    Building Details

    Stories
    10

    Unit(s) available at that property

    Space
    Space 1
    Size
    24,100 SF

    HighLights

    • 46,877 SF of fully vacant, divisible office space available for lease in Raleigh, NC's East End Market, at Wake Forest Rd & Whitaker Rd.
    • Divisible units from 2,204 SF to a maximum contiguous 24,100 SF.
    • Prime location inside Raleigh's I‑440 Inner Beltline, near Five Points and Mordecai neighborhoods, with excellent access to transportation.
    • Part of a larger mixed‑use development including future luxury apartments and retail; Phase 1 features established restaurants and businesses.
    • Project completion mid‑to‑late 2024, with pedestrian access to nearby developments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.6260541
    Latitude
    35.8113018

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Raleigh office space, flexible layouts.
    Where is this office property / space located?
    The property is located at Wake Frst Rd & Whitaker Rd Raleigh, NC.
    What are key features of this property?
    This property features: 46,877 SF of fully vacant, divisible office space available for lease in Raleigh, NC's East End Market, at Wake Forest Rd & Whitaker Rd.; Divisible units from 2,204 SF to a maximum contiguous 24,100 SF.; Prime location inside Raleigh's I-440 Inner Beltline, near Five Points and Mordecai neighborhoods, with excellent access to transportation.
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    Wake Frst Rd & Whitaker Rd Raleigh, NC 27608
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    Raleigh, NC 27608
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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
    Wake Frst Rd & Whitaker Rd Raleigh, NC 27608
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