Property profile

621 Hillsborough St Raleigh, NC 27603

OFF-MARKET
Lifestyle centers
281,750 SF Built 2021
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Property summary

AI-generated overview

Tower Two, a prestigious Class A commercial property in downtown Raleigh's vibrant submarket, offers 7,435 square feet of immediately available executive office space. Located at 621 Hillsborough St, zip code 27603, in Wake County, this 10-story building boasts a total of 281,750 square feet. Built in 2021, the building features a modern design with 14' 8" high ceilings, creating a spacious and impressive work environment. The property is a mixed-use development, encompassing retail and office space, and offers ample parking with 1,400 spaces available. This prime location in the heart of Raleigh provides exceptional access to amenities, transportation, and a thriving business community. The available space is perfect for a variety of businesses seeking a high-quality, modern office environment in a dynamic urban setting. The multiple tenancy structure allows for flexibility and collaboration. This is an unparalleled opportunity to secure a prominent presence in one of Raleigh's most sought-after locations. Don't miss this chance to establish your business in this exceptional building.

Property profile

Verified
Property type Lifestyle centers
Year built 2021
Total area 281,750 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • General Contractor
  • Landscaping (Bike/Boat/Book/etc) Store
  • Law Firm
  • Gym & Fitness Center

Location

621 Hillsborough St Raleigh, NC 27603
Raleigh metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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