$10,589

701 Mutual Court 200, Raleigh, NC 27615

  • 4,034 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2016
  • Property Lot Size Icon1.79acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $3/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

Prime Office Space in North Raleigh: Exceptional Leasing Opportunity! 701 Mutual Court, Suite 200 (2nd Floor), Raleigh, NC 27615 4,034 Sq. Ft., Lease Rate $28 Sq. Ft. + $3.50 TICAM The Incentive Owner is offering 4 months of free rent in Year 1 and 4 months of free rent in Year 2 to assist with tenant upfit costs. The space is in Vanilla Box Condition and needs to be completed throughout to meet the tenant's needs. The space needs sheetrock repair, painted throughout, the center conference room needs sheetrock and doors added to the steel studs, two complete bathrooms need to be installed, glass needs to be added to several of the offices facing the waiting area, and complete the necessary work on the HVAC, such as air ducts, etc. The space is set up with 4 large offices on the right side of the building, a large open/waiting area at the front lobby entrance, and a large conference room behind the waiting area. 3 large offices on the left side of the building, with a break room in the center on the left side. Two Bathrooms Are Needed in the back center of the space. Located in the Heart of North Raleigh, this two-story, 8,068 SF professional building offers a premier second-floor office suite totaling 4,034 SF. Previously occupied by a financial institution, Suite 200 provides a flexible layout with abundant natural light, private offices along both wings, an open floor plan, a break room, a large conference room in the center of the office, and elevator access in the front lobby. The deed restriction prohibits banking use for 5 years. Current Tenant on the First Floor: 4,034 SF is leased to Alpha Male Wellness & Therapy Highlights High Visibility Location with approximately 13,000 vehicles per day passing this location. Convenient Access Near Falls of Neuse Road, Strickland Road, and I-540. Excellent Demographics * 68,972 residents within 3 miles * 31,015 households within 3 miles * Median home value of $401,515 within 2 miles Close to Major Destinations - 9 miles to Downtown Raleigh, 12 miles to RDU Airport. Ample Parking - Large standalone surface lot. Natural Light - Abundant windows throughout the space. Property Features: * Elevator access to the second floor * Open layout with a mix of private offices and common areas * Break room and support spaces * Standalone building with strong traffic exposure Don't miss this unique opportunity to transform a vanilla shell office space into one that meets your company's needs. Establish your business in one of North Raleigh's Most Desirable Locations! Please get in touch with us today to schedule a private tour! Listing Broker: Steve Gillooly (919) 612-9885 Cell

Listing Status:
Active
Date Added:
August 28, 2025 at 05:00AM
Listing Office:
Gillooly & Associates Realty : 919-612-9885
Listing Agent:
Steve Gillooly : 919-612-9885
MLS ID:
10118616
  • A/C: Central Air
  • Heating: Forced Air

This listing courtesy of Steve Gillooly, Gillooly & Associates Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

North Ridge Elementary School

7120 Harps Mill Rd, Raleigh, NC, 27615

Grades PK-5

0.91 miles away

W

West Millbrook Magnet Middle School

8115 Strickland Rd, Raleigh, NC, 27615

Grades 6-8

0.12 miles away

M

Millbrook Magnet High School

2201 Spring Forest Rd, Raleigh, NC, 27615

Grades 9-12

2.39 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.