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720 Corporate Center Drive 720 Corporate Center Dr 15,326 SF Office Building Raleigh, NC 27607 For Sale
Investment Highlights
- The freestanding, two-story office building provides a unified setting for an organization seeking a distinct workplace identity.
- Seventy-five on-site parking spaces provide a brochure-reported ratio of 4.89 spaces per 1,000 square feet.
- Access to Interstate 40 and Wade Avenue connects the property with Raleigh, Cary, Research Triangle Park and Raleigh-Durham International Airport
- Flexible floor configurations support a variety of professional office layouts and operational requirements.
- Elevator renovations completed in 2025 add a recently updated component to the building’s vertical circulation.
- Nearby healthcare, cultural, retail, and entertainment destinations provide employees and visitors with multiple surrounding amenities.
Executive Summary
Positioned in West Raleigh near the region’s primary employment, healthcare, institutional, and entertainment destinations, 720 Corporate Center Drive presents an opportunity to acquire a freestanding office asset with future occupancy potential. The two-story building was constructed in 2007 and is situated on approximately 2.34 acres with 75 on-site parking spaces. Its efficient design, flexible floor configurations, elevator access, and recently completed elevator renovations support continued office use by a single organization or an investor pursuing a longer-term repositioning strategy.
The property is currently described as fully leased, with the existing tenant scheduled to vacate in February 2027. This timeline may allow a purchaser to evaluate multiple ownership strategies, including future owner occupancy or subsequent leasing. Any investment, occupancy, or financial implications should be independently evaluated by the prospective purchaser and its professional advisers.
The property is currently described as fully leased, with the existing tenant scheduled to vacate in February 2027. This timeline may allow a purchaser to evaluate multiple ownership strategies, including future owner occupancy or subsequent leasing. Any investment, occupancy, or financial implications should be independently evaluated by the prospective purchaser and its professional advisers.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
15,326 SF
Building Class
B
Year Built/Renovated
2007/2025
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
7,663 SF
Building FAR
0.15
Lot Size
2.34 AC
Zoning
OP-4-PK - Thoroughfare District
Parking
75 Spaces (4.89 Spaces per 1,000 SF Leased)
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 7,663 SF | Office | Full Build-Out | Feb 2027 |
| 2nd Floor | 7,663 SF | Office | Full Build-Out | Feb 2027 |
1st Floor
| Size |
| 7,663 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Feb 2027 |
2nd Floor
| Size |
| 7,663 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Feb 2027 |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 7,663 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Feb 2027 |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Floor
| Size | 7,663 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Feb 2027 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0774.15-73-4477-000 | Improvements Assessment | $2,862,284 CAD |
| Land Assessment | $2,181,657 CAD | Total Assessment | $5,043,941 CAD |
Property Taxes
Parcel Number
0774.15-73-4477-000
Land Assessment
$2,181,657 CAD
Improvements Assessment
$2,862,284 CAD
Total Assessment
$5,043,941 CAD
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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720 Corporate Center Drive | 720 Corporate Center Dr
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