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Gary Lyons, CCIM, SIORSenior Vice President [email protected]
Two office building pad sites located within an existing office condominium project are available for purchase. Located in West Raleigh near Glenwood Avenue, the two pad sites can be purchased together or individually. All utilities, and most parking, are in place to support development of the pad sites.
Opportunity
Dur
alei
gh R
oad
±20,
000
VPD
Sale Price: $195,000 per pad
Whitt CozartAssociate [email protected]
Site 500
Site 600
Partnership. Performance.
500 - 600 McNeely DriveRaleigh, NC 27612
The Commons of Duraleigh Ridge
THE COMMONS OF DURALEIGH RIDGE
PRICED TO SELL
The information contained herein was obtained from sources believed reliable; however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, changes of price or conditions prior to sale or lease, or withdrawal without notice.
5440 Wade Park Boulevard, Suite 200 Raleigh, NC 27607 | 919.785.3434 | avisonyoung.com
Highlights– Excellent access to all parts of Raleigh via I-40, Glenwood Avenue and I-540
– All utilities, and most parking, are in place to support the buildings
– Priced to sell at just $14 per buildable square foot
– Quiet and serene setting in the midst of the busy West Raleigh submarket
– Easy access to nearby restaurants and parks
– Minutes to Rex Hospital, Crabtree Valley Mall, Brier Creek, and RDU International Airport
Available for PurchaseType Land within an existing office
condominium development
Available Acres/Parcel Size
Site plan calls for two office buildings Approved Building Size 1: 13,872 sf* Approved Building Size 2: 12,397 sf*
Location The Commons of Duraleigh Ridge, located in the West Raleigh sub-market near Glenwood Avenue
Sale Price $195,000 per pad
2016 Total Population 9,776 63,374 165,740
Ann. Pop. Growth 1.34% 1.68% 1.69%
Avg. Household Income $70,584 $99,431 $103,819
Median Home Value $222,941 $287,414 $296,115
Demographics1 Mile 3 Miles 5 Miles
* Condominium docs are available upon request. Buyer will need to check with City of Raleigh for site plan approval.
Gary Lyons, CCIM, SIORSenior Vice President [email protected]
Whitt CozartAssociate [email protected]
500 - 600 McNeely Drive Raleigh, NC 27612
The Commons of Duraleigh Ridge
Traffic Counts 2016 Traffic Counts (Cross at Duraleigh Rd) Vehicles Per DayGlenwood Avenue 44,580
Hamstead Crossing 20,000
Camden Woods Court 17,830
LocationLocated along Duraleigh Road in West Raleigh near Glenwood Avenue. The office condo site pads are located within The Commons of Duraleigh Ridge Business Park.
The information contained herein was obtained from sources believed reliable; however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, changes of price or conditions prior to sale or lease, or withdrawal without notice.
5440 Wade Park Boulevard, Suite 200 Raleigh, NC 27607 | 919.785.3434 | avisonyoung.com
Gary Lyons, CCIM, SIORSenior Vice President [email protected]
Whitt CozartAssociate [email protected]
500 - 600 McNeely Drive Raleigh, NC 27612
The Commons of Duraleigh Ridge
Site Plan
The information contained herein was obtained from sources believed reliable; however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, changes of price or conditions prior to sale or lease, or withdrawal without notice.
5440 Wade Park Boulevard, Suite 200 Raleigh, NC 27607 | 919.785.3434 | avisonyoung.com
Gary Lyons, CCIM, SIORSenior Vice President [email protected]
Whitt CozartAssociate [email protected]
500 - 600 McNeely Drive Raleigh, NC 27612
The Commons of Duraleigh Ridge
Property Photos
