8024 Glenwood Ave 56,000 SF 37% Leased Office Building Raleigh, NC 27612 $13,756,200 CAD ($245.65 CAD/SF)

8024 Glenwood Avenue offers the opportunity to own an exceptional office building in an unmatched North Raleigh locale in the heart of the Triangle. This three-story, 56,000-square-foot office comprises efficient floor plans with multiple configurations possible for varying densities, accentuated by a classic brick façade, excellent window lines allowing abundant natural light, and a newly remodeled common area. Investors will benefit from the property's strategic location, excellent condition, and value-add opportunities. New ownership can occupy up to 20,000 square feet on the first floor.

Strategically located on Glenwood Avenue, the property's positioning along the main commercial corridor grants it superior connectivity and visibility, enhancing its efficacy for a wide range of uses. 8024 Glenwood Avenue provides prime frontage with exposure to over 45,980 daily drivers. Further supporting this central location, Raleigh-Durham International Airport and Interstate 540 are just minutes away for seamless commutes and travel in and out of town.

Northwest Raleigh is a sprawling suburb featuring a unique combination of residential neighborhoods and convenient shopping centers, all in a park-like setting. The major routes in this part of town are lined with mature oaks and plenty of greenery, while shopping malls and retailers blend into this park-like community. Brier Creek is less than 10 minutes away, providing a wealth of conveniently accessible shopping and dining options. Within a 10-mile radius of the property is a population of over 636,388, with a projected annual growth each year for the next five years, all contributing to the area's strong labor pool, thriving consumer base, and growing community.