2315 Atlantic Ave Raleigh, NC 27604-1407

Property Details for 2315 Atlantic Ave

Year built

1973

Lot size

4.70 lot acres

Property size

127,875 SF

Zone code

IX-3

Property type

Distribution centers

APN

1715.18-20-6245 0082744

APU

1715182062450082744

Description

This exceptional retail property, located at 2315 Atlantic Avenue in Wake County, offers a substantial 38,135 square feet of single-tenant space currently available for lease. The building presents a unique opportunity for a business seeking a significant footprint. The space is entirely vacant, allowing for complete customization to suit a tenant's specific needs. While the property includes a 3,000 square foot office area, it requires rehabilitation. The building boasts impressive features including 18-foot ceilings and seven loading docks, making it ideal for businesses requiring ample space and efficient loading capabilities. The lease terms expire on July 31, 2026. The rental rate is $7.95 per square foot, triple net (NNN), with a tenant improvement allowance (TICAM) of $1.55 per square foot. This prime location in Wake County offers excellent visibility and accessibility, making it an attractive proposition for a wide range of retail businesses. The substantial square footage, combined with the loading dock access and high ceilings, makes this property particularly suitable for businesses requiring significant storage or operational space. The upcoming lease expiration date provides an opportunity for a long-term commitment with favorable lease terms. This is a rare opportunity to secure a large, well-located retail space in a thriving market. Interested parties are encouraged to inquire promptly.

Location Insight

City

Raleigh

County

Wake

State

North Carolina

Longitude

-78.6203

Latitude

35.8106

CBSA code

39580

CBSA name

RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments