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2114 Atlantic Ave, Raleigh, NC 27604

Warehouses

Space Size157,093 SF
Days on Market793

Property Features for 2114 Atlantic Ave

General Information

Standard status Active
Size 157,093 SF
Class B
Total Parking Spaces 60
Property subtype Industrial
Lease Type NNN

Building Details

Building Size 157,093 SF
Year Built 1957
Tenancy Multiple

Spaces For Lease

at 2114 Atlantic Ave Contact us

Available Space 1

Size
157,093 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: DRR Realty
Listed By: David Reynolds · License #167772
Source: Crexi
Added: Jun 20, 2024 Changed: Aug 8 Last Checked: Aug 21 at 6:39AM

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 DRR Realty

Investment Insights

Based on property information with market context.

Key Highlights

  • Extremely rare inside‑the‑beltline location.
  • 150,000+ SF industrial warehouse.
  • Adjacent to Raleigh’s newest entertainment district.

Property Analytics

Current Use

Kitchen Cabinet Distributors Hardware & Home Improvement Performance Contracting Inc Construction Company

Suggested Use

Top Pick Dental Office Law Firm Pharmacy Electrical Service Hotel & Motel Veterinary Clinic

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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

957
Businesses Nearby
Well-served
Demand for This Use

Demographics for 27604, NC

46,076
Population
20,828
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
89%
High-School Grad
19.1 sq mi
ZIP Area
2,412
Density / Sq Mi
$72,793
Median Household Income
$44,471
Median Earnings
$1,386
Median Rent
$293,100
Median Home Value

Market

Lease Benchmarks for Raleigh, NC

$14.13 /SF/Yr
Avg Asking Price
$11.5–$16.5 /SF/Yr
Price Range
32,976 SF
Avg Space Size

This space is priced 29% below the average of $14.13 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

Where is this warehouse located?
The property is located at 2114 Atlantic Ave Raleigh, NC.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Extremely rare inside‑the‑beltline location.; 150,000+ SF industrial warehouse.; Adjacent to Raleigh’s newest entertainment district.
(919) 291-7748 Call to check price and availability
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