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    FOR LEASE
    Medical Office Space

    4414 Lake Boone Trl, Raleigh, NC 27607

    110,050 SF Built 2004
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US53-2116891
    Property summary
    AI-generated overview

    Medical Plaza at Rex offers exceptional executive office space in Raleigh, NC. This five-story, Class A building, totaling 103,500 square feet, was constructed in 2005 and boasts a prime location on Rex Hospital's main campus, easily accessible via Lake Boone Trail and Blue Ridge Road. The building features two suites, with available spaces ranging from 1,852 to 4,723 contiguous square feet, and a total of 6,575 square feet currently vacant. Designed and developed by experienced medical facility professionals, the building provides a convenient, fully conditioned, covered connection to the hospital, enhancing accessibility for physicians and staff. A structured parking deck ensures ample parking for tenants and visitors. The building's location in Wake County, at 4414 Lake Boone Trail, Raleigh, NC 27607, offers excellent visibility and accessibility. This is a rare opportunity to secure high-quality office space in a thriving medical environment. The building's modern design and amenities, combined with its strategic location, make it an ideal choice for medical professionals and related businesses seeking a prestigious and convenient workspace. The minimum divisible space is 1,852 square feet.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 2004
    Construction CONCRETE BLOCKS
    Total area 110,050 SF
    Zoning code OX-12
    APN 0785.16-82-6556 0401757
    UPID US53-2116891
    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
    • Neal Arledge deJong, MD Pediatrician Medical Clinic
    • Mid-Carolina Obstetrics & Gynecology Physician
    • UNC Pediatric Surgery Clinic Medical Clinic
    • Raleigh OB/GYN Centre Physician
    • Women's Health Alliance PA pka Centre Ob/Gyn Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $17.44M
    Owner & transaction history
    Bgo 4414 Lake Boone Trail Owner LP · 3 yrs held
    Bgo 4414 Lake Boone Trail Owner LP
    since 2022
    1 recorded transaction
    2022
    Zoning & alternative use
    OX-12 · Raleigh, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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