Listing contacts

Diego Muñoz  

Raleigh

(919) 675-2750

Active

Asking price: $1
Added: 2021-11-15 Updated: 2022-01-04

Info

Address 5660 Departure Dr
City Raleigh
State NC
Zip Code 27615
County Wake
Total Lot Size 2.98 acres
Year Built
Property type Development Land

Details

APN # 1726183578
Zoning IX-3

Demographics

Median household income (5-mile radius) 64,670
Renters occupied (5-mile radius) 42 %
Num of competitors (5-mile radius) 51
Sq.Ft. per capita (1-mile radius) 83.69
5x5 unit average price $52
5x10 unit average price $71
10x10 unit average price $119

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Highlights

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

Description

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.

Location details

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

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