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    8300 Health Park Raleigh, NC 27615

    Sponsored
    For Lease
    Contact for pricing

    North Raleigh medical office building, multiple suites available.

    Lot size:
    185,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This Class A, four-story office building, totaling 185,000 square feet, is located at 8300 Health Park, Raleigh, NC 27615, at the intersection of Health Park and Forum Rd. Built in 2005 and extensively renovated in 2023, the property sits on 16.29 acres and offers a variety of suite sizes, ranging from a minimum of 1,057 square feet to a maximum contiguous space of 18,505 square feet. Currently, 47,721 square feet is vacant. The building features three elevators and ample parking, with a ratio exceeding four spaces per 1,000 square feet. Seven second-generation medical spaces are available, previously occupied by labs, dental, orthopedic, and internal medicine practices, as well as shell space. Building amenities include an on-site café, walking trail, outdoor spaces, and a fitness facility. This North Raleigh location provides easy access to major transportation routes and is part of a thriving medical community. The property is ideal for medical practices seeking efficient, move-in ready spaces, offering a significant cost advantage compared to new construction. Multiple tenancy options are available.

    Property Features for 8300 Health Park

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    185,000 SF
    Class
    A

    Building Details

    Year Built/Renovated
    2005/2023
    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    Suite 111
    Size
    2,023 SF
    Space
    Suite 215
    Size
    3,528 SF
    Space
    Suite 217
    Size
    1,057 SF
    Space
    Suite 223
    Size
    3,892 SF
    Space
    Suite 301
    Size
    2,493 SF
    Space
    Suite 303
    Size
    6,774 SF
    Space
    Suite 307
    Size
    2,719 SF
    Space
    Suite 309
    Size
    6,519 SF
    Space
    Suite 109
    Size
    5,987 SF
    Space
    Suite 333
    Size
    4,500 SF
    Space
    Suite 131
    Size
    3,451 SF
    Space
    Suite 310-317
    Size
    2,632 SF
    Space
    Medical Spec Suite 219
    Size
    1,999 SF

    HighLights

    • Under new ownership and management.
    • Space planning available with tenant improvement allowance.
    • Prime medical location: 4.5 miles to WakeMed North, 6.8 miles to Duke Raleigh, and 7.4 miles to UNC Rex Healthcare.
    • Ideal for medical treatment suites, surgical practices, and other healthcare businesses.
    • Abundant nearby amenities: within one mile of numerous restaurants and retail shops.
    • On‑site café and state‑of‑the‑art fitness facility with indoor pool, basketball courts, and showers; lakeside patio and 0.75 miles of walking trails.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hyperbarics Carolina MD Hyperbaric Medicine Physician American Institute of Healthcare ... Medical Center Raleigh Institute for General ... Dental Clinic Essential Hair Care ... Hair Salon Upton Gerald W ... Dentist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -78.65971959
    Latitude
    35.89592088

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    FAQs

    What type of property is this?
    Medical office - North Raleigh medical office building, multiple suites available.
    Where is this medical office located?
    The property is located at 8300 Health Park Raleigh, NC.
    What are key features of this property?
    This property features: Under new ownership and management.; Space planning available with tenant improvement allowance.; Prime medical location: 4.5 miles to WakeMed North, 6.8 miles to Duke Raleigh, and 7.4 miles to UNC Rex Healthcare.
    Request Owner's contact information
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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

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    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
    8300 Health Park Raleigh, NC 27615
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