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Medical Plaza at Rex
For Lease
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4414 Lake Boone Trail, Raleigh, NC 27607

Class A medical office building on Rex Hospital campus.

Space Size636 SF - 10,611 SF
Property Size103,500 SF
Days on Market1663

Property Features for 4414 Lake Boone Trail

General Information

Standard status Active
Size 636 SF - 10,611 SF
Class A
Property subtype Office
Lease Type Full Service

Building Details

Building Size 103,500 SF
Year Built 2005
Tenancy Multiple

Spaces For Lease

at 4414 Lake Boone Trail Contact us

First Floor Suite 111

Size
636 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 502

Size
10,611 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Capital Associates
Listed By: Thomas Bradshaw · License #NC 145780
Source: Crexi
Added: Jan 31, 2022 Changed: Aug 8 Last Checked: Aug 20 at 6:34PM

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 Capital Associates

Investment Insights

Based on property information with market context.

Medical Plaza at Rex is a 103,500 square foot, five-story, Class A office building. It was designed, constructed, and developed by experienced medical facility professionals. The building occupies a prime location on Rex Hospital’s main campus and is easily accessible via Lake Boone Trail and Blue Ridge Road at signalized intersections. It features a fully conditioned, covered connection from the building to the hospital for physician convenience, along with a structured parking deck.

Key Highlights

  • Prime location on Rex Hospital's main campus.
  • Fully conditioned, covered connection to Rex Hospital.
  • Class A office building with 103,500 SF of space.

Property Analytics

Current Use

Neal Arledge deJong, ... Pediatrician Mid-Carolina Obstetrics & Gynecology Physician UNC Pediatric Surgery ... Medical Clinic Raleigh OB/GYN Centre Physician Women's Health Alliance ... Physician

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Barber Shop (Bike/Boat/Book/etc) Store Auto Parts Store Grocery & Convenience Store

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
$5.63 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,265
Businesses Nearby
Under-served
Demand for This Use

Demographics for 27607, NC

27,182
Population
10,698
Households
2.5
Avg Household Size
27
Median Age
71%
College-Educated
96%
High-School Grad
17.4 sq mi
ZIP Area
1,562
Density / Sq Mi
$95,216
Median Household Income
$49,365
Median Earnings
$1,529
Median Rent
$639,200
Median Home Value

Market

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Class A medical office building on Rex Hospital campus.
Where is this medical office space located?
The property is located at 4414 Lake Boone Trail Raleigh, NC.
What is the lease rate?
The lease rate is $37.50 SF/Yr.
What are key features of this property?
This property features: Prime location on Rex Hospital's main campus.; Fully conditioned, covered connection to Rex Hospital.; Class A office building with 103,500 SF of space.
More about this property
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