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    OFF-MARKET
    Office Spaces

    2301 Rexwoods Dr, Raleigh, NC 27607

    42,489 SF Built 1990
    Property ID
    Property summary
    AI-generated overview

    This exceptional two-story, Class B medical office building, Rexwoods III, offers 42,489 square feet of space in the desirable West Raleigh submarket, specifically the Blue Ridge cluster. Located at 2301 Rexwoods Dr, Raleigh, NC 27607, this multi-tenant property boasts a prime location in Wake County. Built in 1990, the building is currently configured for multiple tenants, with a total of 42,489 square feet. A significant opportunity exists with 2,631 square feet of immediately available space, representing a minimum divisible unit size. This makes it ideal for a variety of medical practices seeking expansion or a new location. The building's convenient location within the West Raleigh area provides easy access to major transportation routes and a thriving patient base. The property's single building structure simplifies management and offers a cohesive environment for medical professionals. Interested parties should note the minimum leasable space is 2,631 square feet. This presents a unique chance to secure space in a well-established medical office building in a highly sought-after location. The property's features and location make it an attractive option for medical practices of all sizes.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1990
    Total area 42,489 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Wake Pediatric GI - Dr. Kunde, MD, MPH Physician
    • Maxlyn L Ellison Physician
    • Lane Lane Physician
    • Dr. Lisa Tolnitch Physician
    • HIPP Design + Consulting Mechanical Engineer Engineering Consultant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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