Interchange Plaza — Sale in Raleigh, NC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Raleigh, NC 27606
  • Year built: 1995

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Description

Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained as the exclusive sales representative for Interchange Plaza, (the “Property”, “Asset”, “Building”), an infill office building totaling 69,394 square feet in Raleigh-Durham, North Carolina. The Property is currently 71.9% occupied and has been fully renovated, offering investors a boutique investment opportunity in the Research Triangle’s most dynamic leasing submarket. Interchange Plaza boasts a strategic location between Cary and Raleigh, offering direct access to both Interstate 40 and Interstate 440. This position grants tenants unparalleled connectivity throughout the Raleigh-Durham metropolitan area. Situated within the highly active West Raleigh submarket, the property is in close proximity to the region’s primary economic drivers, including NC State University, RDU International Airport, and Downtown Raleigh. Interchange Plaza is situated in an amenity-rich environment, with immediate access to the recently delivered Fenton mixed-use development, Crossroads Shopping Center, and the transformational Lenovo Center redevelopment project which will bring an experiential, entertainment-led redevelopment of an 80-acre site nearby. The building offers investors an investment opportunity that couples in-place cash flow, driven by its 71.9% occupancy, with incredible upside potential from future leasing in a flourishing market.

Market Context

This office in Raleigh, NC is listed for sale. The building dates to 1995. Compare it against other office listings for sale in Raleigh, NC — view the full market.

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