70 Glenwood Ave. & Pleasant Vly Rd, Raleigh, NC 27612
Pleasant Valley Promenade offers a unique opportunity for businesses seeking executive office space in Raleigh, North Carolina. This prominent commercial center, situated at the intersection of US Hwy. 70 (Glenwood Ave.) and Pleasant Valley Rd., boasts a total of 359,922 square feet of retail and office space. Thirteen individual suites are available, ranging from a minimum of 1,230 square feet to a maximum contiguous space of 35,335 square feet, providing flexibility for businesses of various sizes. Currently, 79,430 square feet of space is vacant, presenting a significant opportunity for immediate occupancy. The property features ample parking with 2,256 spaces available for tenants and their clients. Located in Wake County, this property benefits from excellent visibility and accessibility due to its strategic location on a major thoroughfare. The property's multiple tenancy structure allows for a diverse range of businesses to thrive within the same complex. This is an exceptional opportunity to establish a presence in a high-traffic area of Raleigh, offering convenient access to major transportation routes and a vibrant business community. The available space is ideal for businesses seeking modern, efficient, and well-located executive office suites.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.