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Office Units on Research Campus

940 Main Campus Drive, Raleigh, NC 27606

For Lease
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Office, electronic lab, and classroom space is available within NC State’s research and innovation campus.

Space Size788 SF - 26,949 SF
Days on Market42

Property Features for 940 Main Campus Drive

General Information

Standard status Active
Size 788 SF - 26,949 SF
Property subtype Office

Site & Location

Neighborhood Varsity Place

Amenities

Shared Core Research Facilities
18-hole golf course
scenic greenways
advanced research library

Spaces For Lease

at 940 Main Campus Drive Contact us
Name Size Type Rate Availability
Venture I 110 788 SF — — Active Contact us
Venture I Suite 150 2,429 SF — — Active Contact us
Venture I Suite 200 23,093 SF — — Active Contact us
Venture I Suite 400 24,764 SF — — Active Contact us
Venture I Suite 510 5,166 SF — — Active Contact us
Venture II Suite 150 3,231 SF — — Active Contact us
Venture III 3rd Floor 26,949 SF — — Active Contact us
Venture III Suite 250 12,657 SF — — Active Contact us
Venture IV Suite 130 2,664 SF — — Active Contact us
Venture IV Suite 200 6,097 SF — — Active Contact us
Venture IV Suite 310 2,473 SF — — Active Contact us
Venture IV Suite 320 10,631 SF — — Active Contact us
Venture IV Suite 500 24,889 SF — — Active Contact us
Venture Place Suite 300 4,437 SF — — Active Contact us
Venture Place Suite 350 4,158 SF — — Active Contact us
Listing Agency: JLL - Raleigh, North Carolina
Listed By: Hillman Duncan · License #NC 185685
Source: Crexi
Added: Sep 29 Changed: Nov 8 Last Checked: Nov 8 at 5:47PM

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 JLL - Raleigh, North Carolina

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Investment Insights

Based on property information with market context.

Venture + Alliance comprises six buildings with a combined 656,087 RSF of office, electronic lab, and classroom space. The facilities are located at 940 Main Campus Drive on NC State’s Centennial Campus in Raleigh, a research and innovation campus with office and high-tech facilities.

Centennial Campus spans 1,105 acres and is home to more than 70 businesses, with a daily population of 16,000. Tenants have access to university Shared Core Research Facilities and a campus population that includes more than 25,000 undergraduates and 9,000 graduate students, including 11,000+ College of Engineering students. Campus amenities include an 18-hole golf course, greenways, and a research library.

Key Highlights

  • Six buildings totaling 656,087 RSF
  • Office, electronic lab, and classroom space
  • Located on NC State’s 1,105‑acre Centennial Campus

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

VHB General Contractor

Suggested Use

Top Pick Building Supply Dental Office Real Estate Agency Law Firm Auto Repair Shop Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

502
Businesses Nearby

Demographics for 27606, NC

48,343
Population
22,199
Households
2.2
Avg Household Size
29
Median Age
59%
College-Educated
93%
High-School Grad
24.5 sq mi
ZIP Area
1,973
Density / Sq Mi
$75,640
Median Household Income
$40,950
Median Earnings
$1,369
Median Rent
$423,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Raleigh, NC

$26.07 /SF/Yr
Avg Asking Price
$2.5–$65.47 /SF/Yr
Price Range
19,574 SF
Avg Space Size

Average Price Trend$/SF/Yr for Office Units in Raleigh, NC

$38.62 Jul
$36.51 Aug
$35.7 Sep
$26.13 Oct

Properties on Market for Office Units in Raleigh

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Office, electronic lab, and classroom space is available within NC State’s research and innovation campus.
Where is this office unit located?
The property is located at 940 Main Campus Drive Raleigh, NC.
What are key features of this property?
This property features: Six buildings totaling 656,087 RSF; Office, electronic lab, and classroom space; Located on NC State’s 1,105‑acre Centennial Campus
(919) 424-8463 Call to check price and availability
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