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Investment Highlights

  • Turnkey Flex Property built in 2006.
  • Acquire for Investment or Occupy with Income Potential.
  • Fully Leased on Month-to-Month Basis.
  • Prime North Raleigh location provides Quick Access to RDU and Downtown Areas.

Executive Summary

Rare opportunity for an investor or owner occupant. This stand-alone, single-story, turnkey flex property is fully leased to established tenants on a month-to-month basis, providing the flexibility to maintain as an investment property, occupy part and collect rent or occupy all.
With 9,840 sf, divided into six separately metered units, this beautifully maintained building on .98 AC offers an even mix of office/showroom and warehouse, with 5 grade level roll up doors, extended ceiling heights, 28 spaces of on-site parking and professional curb appeal.
Prime North Raleigh location between I-440, I-540 & US-1 offers quick access to RDU, RTP, Downtown Raleigh and all parts of the Triangle. Don’t miss the chance to acquire this premium flex asset in one of our hottest markets.

Property Facts

Price $3,591,739 CAD
Price Per SF $365.01 CAD
Sale Type Investment or Owner User
Property Type Flex
Building Class B
Lot Size 0.98 AC
Rentable Building Area 9,840 SF
No. Stories 1
Year Built 2006
Parking Ratio 2.54/1,000 SF
No. Drive In / Grade-Level Doors 5
Opportunity Zone Yes
Zoning IX-3 - Industrial

Amenities

  • Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
1716.16-94-5586-000
Land Assessment
$285,743 CAD
Improvements Assessment
$1,828,226 CAD
Total Assessment
$2,113,969 CAD
  • Listing ID: 39546487

  • Date on Market: 2026-02-23

  • Last Updated:

  • Address: 5011 Departure Dr, Raleigh, NC 27616

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