pre-leasing north raleigh flex/warehouse

5660 Departure Dr, Raleigh, NC, Wake 27615

Development Land

IX-3

Added: 2021-11-15 Updated: 2022-01-04

Active $1

Pre-leasing 33,000 flex/warehouse building that will have up to eleven (11) units, minimum 3000SF, each with a 12x12 roll up door, 16 ft. ceilings to the lowest beam. Expected delivery of the building is Q4 of 2022 to Q1 of 2023. Ample tenant improvement allowance will be provided to credit worthy tenants with market lease terms of 5 or more years.

Listing contacts

Diego Muñoz
Raleigh
(919) 675-2750

Median household income (5-mile radius) 80,442

Renters occupied (5-mile radius) 42%

Num of competitors (5-mile radius) 51

Sq.Ft. per capita (1-mile radius) 86.27

5x5 unit average price $41

5x10 unit average price $61

10x10 unit average price $105

APN # 1726183578

Lot Size (acres) 2.98

Zoning IX-3

Analyze the location

Feasibility study

Delivery Q4 of 2022 to Q1 of 2023
Ample TIA for 5+ year leases
NNN Lease
Base Rate: $16.50 to $18.50 PSF

This North Raleigh location is very convenient to several highways and major thoroughfares, including 1/2 mile west of Capital Blvd and 1 1/2 mile south of I-540. The building is within a well established and popular flex, warehouse and industrial community that is home to Dominion Energy, Carolina Packing & Supply, Acroprint Tech, Pratt Industries and Stainless Steel Fabricators.

Drive Time:

▣ 0-5 minutes
▣ 6-10 minutes
▣ 11-15 minutes
▣ 16-20 minutes

pre-leasing north raleigh flex/warehouse

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