For Lease
$24/SF/YR

1500 Garner RdRaleigh, NC 27610

Prime Raleigh medical office, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 43,000 square foot medical office building, situated on 2.39 acres at 1500 Garner Rd, Raleigh, NC 27610 (Saints Ave @ Garner Rd), presents a unique investment opportunity. Built in 1990 and renovated in 2018, this Class C, two-story building boasts 9,500 square feet of vacant space within a single-tenant occupancy structure. The property features an 8-foot ceiling height, 208-volt 3-phase power, and a single handicap-accessible elevator. Its IX-3 zoning designation and location in the Downtown Raleigh South submarket, specifically the Garner Road cluster, offer significant advantages. The building enjoys a premium, high-profile location directly facing Garner Road, benefiting from exceptional visibility in a rapidly developing area. Surrounding development includes numerous new mid-rise rezonings and constructions, along with over 800 new high-end apartments within a short distance. The building's original design catered to medical practices, with the upper floor ideally suited for medical billing. This property offers a compelling combination of established infrastructure and significant growth potential within a thriving Raleigh neighborhood.

Highlights

  • 43,000 SF medical office building on 2.39 acres in Raleigh, NC.
  • Class C, two-story building with 9,500 SF of vacant space, built in 1990, renovated in 2018.
  • Currently houses a church, municipal water/sewer developer, pest control provider, and general contractor; turnkey and ready for new tenants.
  • Features include handicap elevator, multiple bathrooms and kitchens, ample parking, and a high-profile location with excellent visibility on Garner Rd.
  • IX-3 zoning in a rapidly developing area with nearby new apartments and mid-rise construction.

Property Details for 1500 Garner Rd

Property type
Specialty properties, Office properties
RSF (Rentable sq. ft)
43,000 SF
Class
C
Year Built/Renovated
1990/2018
Stories
2

Unit(s) available at that property

Space
Size
9,500 SF
Rate per SF
$24

Location Insight

City
Raleigh
County
Wake
State
North Carolina
Latitude
35.760869970546
Longitude
-78.631472611406
1500 Garner Rd, Raleigh, North Carolina

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1500 Garner Rd
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