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    FOR LEASE
    Medical Office Space

    8300 Health Park, Raleigh, NC 27615

    191,612 SF 16.21 ac lot Built 2005
    Entity Owned ~ Est. High Equity
    Property ID
    US53-1179899
    Property summary
    AI-generated overview

    This Class A, four-story office building, totaling 185,000 square feet, is located at 8300 Health Park, Raleigh, NC 27615, at the intersection of Health Park and Forum Rd. Built in 2005 and extensively renovated in 2023, the property sits on 16.29 acres and offers a variety of suite sizes, ranging from a minimum of 1,057 square feet to a maximum contiguous space of 18,505 square feet. Currently, 47,721 square feet is vacant. The building features three elevators and ample parking, with a ratio exceeding four spaces per 1,000 square feet. Seven second-generation medical spaces are available, previously occupied by labs, dental, orthopedic, and internal medicine practices, as well as shell space. Building amenities include an on-site café, walking trail, outdoor spaces, and a fitness facility. This North Raleigh location provides easy access to major transportation routes and is part of a thriving medical community. The property is ideal for medical practices seeking efficient, move-in ready spaces, offering a significant cost advantage compared to new construction. Multiple tenancy options are available.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 2005
    Total area 191,612 SF
    Lot 16.21 ac (706,108 SF)
    Zoning code OX-3
    APN 1708.17-11-0136 0063572
    UPID US53-1179899
    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
    • Hyperbarics Carolina MD Physician
    • American Institute of Healthcare & Fitness (AIHF) Medical Clinic
    • Raleigh Institute for General and Aesthetic Dentistry Dental Office
    • Essential Hair Care & Wigs Hair Salon
    • Upton Gerald W DDS Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $40.71M
    Comparable Approach Comparable
    $45.57M
    Blend (final) Blend
    $38.73M
    Owner & transaction history
    Raleigh 8300 Mp Wrk7 LP
    Raleigh 8300 Mp Wrk7 LP
    since 2026
    Last sale
    $35.0M
    7 recorded transactions
    2026
    2022
    $35.0M
    2022
    2013
    2004
    2003
    1969
    Zoning & alternative use
    OX-3 · Raleigh, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $62.1M +2.9%
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    More about this property
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