817 New Bern Ave

817 New Bern Ave | Raleigh, NC 27601

817 New Bern Ave Presents A Prime Investment Opportunity In Raleigh’s Thriving Commercial Market. This 7,211 Sf Office Building Sits Just Minutes From Downtown, Offering Strong Tenant Demand And Long-term Growth Potential. With Ample On-site Parking, The Property Provides A Rare Combination Of Accessibility And Convenience In An Area Poised For Continued Appreciation.

This Property Is Currently Configured As Eight Office Suites, And 10 Storage Units, And Is Currently Fully Leased. All Leases Turn At The End Of 2025, Providing An Excellent Opportunity To Re tenant At Market Rate.

Located In One Of The Fastest-growing Metros In The Southeast, 817 New Bern Ave Benefits From Raleigh’s Booming Economy And Increasing Demand For Well-located Office Assets. This Is An Excellent Opportunity For Investors Seeking Stable Cash Flow With Upside Potential.

  • Prime Location: Located within minutes of Downtown Raleigh.
  • Property Improvements: Re-paved and re-striped parking lot, new interior/exterior lighting and paint, facade improvements, new interior flooring, new landscaping
  • Roof, HVAC & Utilities: Metal roof installed in 2010, 8 HVAC units (1 per suite), each suite individually metered for electric
  • Rent Increase Potential: All leases end within 12 months, providing a prime opportunity to mark rates to market

Vincenzo Verdino

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Nick Melfi

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