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    OFF-MARKET
    Retail properties & Spaces

    70 Glenwood Ave. & Pleasant Vly Rd, Raleigh, NC 27612

    359,922 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 359,922 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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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