RALEIGH, NC 27605
±6,124 SF Office Building For Sale
Asking Rate: $32.00/SF (NNN)
Property Highlights
• Prime location within the Village District
• Highly visible with signage opportunities
• Ample on-site surface parking
• Walkable to abundant amenities: restaurants, shops, fitness, banking, grocery, hospitality and healthcare
503 OBERLIN ROAD, RALEIGH, NC 27605
Foundry Commercial is pleased to present 503 Oberlin, prominently located across the street from the Village District, one of Raleigh’s premier mixed-use shopping and dining districts. Now available for the first time since it was initially constructed, this offering presents a rare opportunity for both owner-users and investors seeking a desirable asset in a high barrier-to-entry, highly infill location.
Designed by Davis Kane Architects for their headquarters, this threestory, podium-style building was constructed in 1998 and features an attractive brick and hardiplank façade with exceptional glass line, building top signage potential, and covered parking with direct access to the ground floor lobby. Visible to more than 14,000 cars daily along Oberlin Road, the property consists of a 6,124 square foot professional office building set on 0.21 acres and contains 22 surface parking stalls, 8 of which are covered at the ground level, for a healthy parking ratio of 3.6 spaces per 1,000 square feet.
This exceptional infill location is proximate to more than 600,000 square feet of retail, restaurant, fitness, entertainment, and hospitality amenities at the Village District. The property is less than a mile from North Carolina State University, the largest university in the Carolinas, and a mere two miles from Downtown Raleigh and Interstate 440, providing convenient access to Research Triangle Park, Raleigh-Durham International Airport and the entire Triangle region.
• Sale Price: $3,800,000
• Exceptional owner-user opportunity
• Prime location within the Village District
• Highly visible with signage opportunities
• Ample on-site surface parking
• Walkable to abundant amenities: restaurants, shops, fitness, banking, grocery, hospitality and healthcare
503 OBERLIN ROAD, RALEIGH, NC 27605
Address 503 Oberlin Road, Raleigh, NC 27605
Parcel ID/REID 0794-92-8879 / 0059616
Zoning 3-Story Office Mixed Use (OX-3)
Site Area (AC) 0.21 AC
Building Size (SF) 6,124 SF
Year Built/Renovated 1998
Floors 3-stories (ground level parking, plus 2 stories of office)
Availability Full Building
Construction Type
Steel frame with brick veneer and hardiplank lap siding, concrete slab and foundation, metal deck roof system, and insulated glass in aluminum frames
Parking (Ratio) 22 surface spaces (3.6/1,000)
Roof Sloped with TPO membrane and gutters/downspouts
Roof Age New Silicone Coating installed in 2023
HVAC Two 5-ton Carrier RTUs
HVAC Age 2013 & 2014
Elevators One, 3-stop 2,100 lb. Hydraulic Thyssen Krupp
Utilities City of Raleigh: Water & Sewer Duke Energy Progress: Electric Dominion Energy: Natural Gas Spectrum: Fiber
Electrical Supply 208/120 volt, 600 amp, 3 phase
503 OBERLIN ROAD, RALEIGH, NC 27605
October 8, 2025
October 22, 2025
Mr. Blake Thomas
Foundry Commercial T 919-604-8280
Blake.Thomas@foundrycommercial.com
Re: Request for Proposal – Fischer Homes Carolinas – 503 Oberlin Ownership Proposal to Lease
Dear Blake:
Foundry Commercial has been exclusively authorized by Fischer Homes Carolinas to secure competitive proposals and to assist them in analyzing and negotiating favorable terms for their potential Raleigh area office requirement.
At this time, I am pleased to submit this Request for Proposal for 503 Oberlin Road, in Raleigh, NC. I encourage you to put forth a competitive response so that we can give your property due consideration.
In order to help us with our analysis, please fully respond to the terms and conditions as outlined below in red text – please do not use track changes. In the interest of time, we would like to receive your proposal as soon as possible Thank you in advance for your time and consideration.
Patrick,
Thank you and your client for your interest in 503 Oberlin. While the property is presently being offered for sale, ownership is open to considering a lease arrangement under the right terms and circumstances. Based on our recent conversations, ownership believes your client’s proposed use is well suited to the property, and they are interested in exploring this option further with your client.
This Letter of Intent outlines the key business terms for a potential lease agreement and is intended to serve as a foundation for further discussion. Notably, the complementary strengths between the parties, with ownership’s experience as a design professional and affiliation with Davis Kane Architects and your client’s construction expertise and relationships, present a unique opportunity to collaborate on highly efficient and cost-effective improvements tailored to support your client’s operational needs and desired office environment.
Building:
Building Manager:
Landlord:
503 Oberlin Road
Raleigh, NC 27605
Please provide the entity responsible for property management
The Building is currently self-managed. Landlord intends to explore professional Property Management in the event of a third-party lease.
Please state the Landlord entity
Walter Davis Enterprises, LLC & KMK Creations, LLC
Tenant: Fischer Homes Carolinas, LLC
Please confirm this is the entity that will be signing the Lease and provide 3 years of audited financials for this entity.
Proposed Premises:
6,654 Rentable Square Feet
Please verify that the Premises is measured in accordance with BOMA standards, and please state the rentable/usable core factor.
Stipulated by Landlord as 6,124 Rentable Square Feet (“RSF”)
First Floor Premises = 3,062 RSF
Second Floor Premises = 3,062 RSF
Initial Lease Term: 7 Years
7 Years, 8 months
Lease Commencement: Target Lease Commencement shall be April 1, 2026
January 1, 2026
Swing Space:
The Tenant respectfully requests the ability to utilize the first or second floor only of the proposed Premises at no charge as
Early Access:
Rental Rate:
Rent Concession:
temporary swing space from January 1, 2026, through March 31, 2026, subject to mutual agreement on the specific location and terms. This swing space will accommodate the Tenant's operational needs during the transition period while renovations of the Tenant's showroom space are completed. During this period, the Tenant agrees to comply with all applicable lease terms, including maintenance obligations for the swing space, as negotiated.
Tenant shall be fully responsible for TICAM (as hereinafter defined) during this temporary swing space period and any period it occupies the Premises.
So long as Tenant’s Early Possession does not delay or interfere with Landlord’s Work, Tenant shall have access to the Premises at no cost thirty (30) days prior to the commencement date for furniture & equipment installation, IT cabling, security installation, etc.
Tenant shall be permitted Fourteen (14) days Early Access in advance of the January 1, 2026 Lease Commencement Date to install FF&E.
Occupancy cost savings and efficiency is of utmost importance to Tenant and will be a major consideration in renewing versus relocating. Therefore, rent will be a major factor in Tenant’s building selection process. Please provide your most competitive rental rate structure, on a Full-Service basis, for the proposed Lease Term.
Thirty-Two Dollars ($32.00) per Rentable Square Foot, NNN per Year, increasing by Three Percent (3.0%) on each anniversary of the Lease Commencement Date.
Please state your most competitive Rent Concession package available as added incentive for Tenant’s consideration in final building selection.
In addition to the aforementioned temporary swing space period, Landlord is willing to offer an additional Five (5) months of Rental Rate Abatement. Tenant shall be fully responsible for TICAM during the Rental Rate Abatement Period.
Taxes, Insurance & Operating Expenses:
Test Fit:
Delivery Condition:
Landlord Improvements:
Tenant Improvements:
Tenant requires a Base Year equal to its first 12 months of occupancy, based upon a fully occupied and fully assessed building. Tenant also requires an annual cap not to exceed 5% of Landlord’s controllable costs.
The Rental Rate shall be paid on a “triple net” basis. Tenant shall be responsible for all Taxes, Insurance and Common Area Maintenance (“TICAM”) charges for the Premises, including, but not limited to, real estate taxes, property insurance, all repairs, maintenance and replacements, all utilities, janitorial, security, fire and life safety, grounds and landscaping. Tenant shall reimburse Landlord for any expenses not paid directly by Tenant. Tenant’s TICAM responsibilities shall be further defined in the Lease.
Landlord shall provide, at no cost to Tenant, an allowance of $0.15 per RSF for a preliminary architectural test fit plan for the Premises, exclusive of the TIA above. This amount shall not be conditioned upon Tenant executing a Letter of Intent and shall be payable within 30 days of receipt of invoice regardless of Tenant’s final choice of building.
Landlord, through its affiliation with Davis Kane Architects, shall work with Tenant to provide a mutually agreeable space plan at no cost to Tenant.
Please state Landlord’s obligations with respect to Delivery Condition of the Premises.
Landlord shall deliver the Building in a broom clean condition, otherwise Tenant shall accept the Premises in “As-Is” condition.
Please state the maximum Tenant Improvement Allowance (TIA) available for Tenant’s use towards structural and cosmetic modifications to the Premises. Any work required to demise the Premises shall be at Landlord’s sole cost and expense.
All hard and soft costs including but not limited to architecture and engineering, construction, professional fees, telecommunications, voice and data cabling, moving costs, signage, furniture and fixtures, etc. shall be included as part of the TIA. If the TIA is not
fully utilized, Tenant may allocate the unused portion as rent credit. Landlord shall contribute up to Twenty-Five Dollars ($25.00) per Rentable Square Foot of the First Floor Premises for Tenant Improvements made to the Building. Tenant Improvement Allowance may be used toward architectural and engineering fees, construction documents, permitting and construction, but not to offset rent or other related Tenant expenses.
Subject to appropriate license, code, insurance and bonding requirements, Tenant may act as its own General Contractor.
Exterior Improvements:
Furniture, Fixtures, & Equipment:
Assignment & Sublease:
Please state any proposed or planned improvements to the exterior façade of the Building and any planned landscape or hardscape improvements to the property.
As the Building is listed for sale, there are no planned or proposed improvements to the exterior façade of the Building, nor any landscape and hardscape changes. Tenant may be permitted to make sure changes as part of Tenant Improvements, subject to Landlord’s reasonable prior written approval.
Tenant is interested in any existing FF&E that can be left behind by the current tenants.
Most of the furniture from the existing Tenant (Davis Kane Architects) on the second floor is anticipated to remain following their relocation. A list of furniture remaining that is available for Tenant’s use shall be attached to the Lease as an Exhibit outlining Landlord’s Personal Property
Tenant shall have the right to sub-sublease, assign the Lease, or otherwise transfer all or part of the leased premises subject only to the consent, which shall not be unreasonably withheld, conditioned, or delayed. The profits, if any, resulting from such transfer shall be shared “50/50”. Tenant shall have the right to assign its rights under the Lease to any related entity without any required consent from the Landlord.
Tenant shall have the right to assign or sublease the Building, subject to Landlord’s written approval, which shall not be unreasonably withheld. Landlord’s consent to any Transfer or
Signage:
Parking:
Telecom Providers:
Security Deposit:
Renewal Option:
acceptance of rent from any party other than Tenant shall not release Tenant from any covenant or obligation under this Lease. Landlord’s consent to one Transfer shall not waive the consent requirements for future transfers.
Please describe all signage opportunities available to Tenant at the Building and Premises, including exterior/building signage, lobby signage and suite entry signage.
At Landlord’s expense, Landlord shall provide lobby directory and suite entry signage. If allowed by the City of Raleigh, Tenant shall be permitted to install exterior signage in accordance with all applicable codes and ordinances, at Tenant’s sole cost and expense. Tenant shall be responsible for the removal and restoration of any exterior signage at the end of the Lease Term or earlier termination of the Lease.
Please outline the parking specifications for the building and the availability of any reserved parking spaces available for Tenant.
Twenty-Two (22) surface spaces existing on-site, Eight (8) of which are covered, for an approximate parking ratio of 3.6/1,000 RSF
Please state all internet service providers at the Building and any redundancy measures provided.
Celito and Spectrum
One (1) month’s equivalent rent
There shall be no pre-paid rent required.
Subject to Landlord’s confidential review of Tenant financials.
Tenant shall have two (2) Options to Renew the Term of the Lease for a period of three (3) years by giving Landlord prior written notice no less than six (6) months, prior to Lease Expiration. Base Rent during the Renewal Term shall be one hundred percent (100%) of the Market Rental Rate for comparable office product (to be defined in the Lease).
Termination Option:
Encumbrances:
Tenant Representation:
Tenant shall have Two (2) – Three (3) year options to renew its Lease for the entire Building, provided Tenant has not been in default under the lease and provides no less than Nine (9) months prior written notice. The terms and conditions shall remain the same, except the Rental Rate shall be equal to One Hundred Percent (100%) of the Fair Market Rental Rate for the Building.
Tenant requires the right to terminate the lease after the 60th month of the Lease Term by providing 6 months prior written notice and paying, as an early termination fee, an amount equal to the then unamortized tenant improvements and leasing commissions.
No Termination Option shall be granted to Tenant.
Please confirm that there are no encumbrances or existing tenant rights that will affect Tenant’s ability to consider a lease for the Premises.
Landlord is free to enter into a Lease with Tenant with no encumbrances effecting Tenant’s possession of the Building.
Foundry Commercial is Tenant’s authorized representative in connection with this proposal. Landlord agrees to compensate Foundry Commercial four percent (4%) of the total gross rent under the terms of a separate Commission Agreement.
Landlord agrees to compensate Foundry Commercial Four Percent (4.0%) of the total NNN Rental Rate, as Tenant’s authorized representative.
No Obligation to Lease:
The terms and conditions contained herein are for review and discussion purposes only and therefore they do not legally bind any of the parties involved. Unless and until a definitive lease document is fully executed between the parties, neither party shall have any liability to the other relative to this proposal, and the terms and conditions remain subject to withdrawal or modification at any time prior to such lease execution.
Agreed.
Thank you for your consideration of Fischer Homes Carolinas and we look forward to receiving your response. In the meantime, please call me at 919.274.9323 with any questions.
Respectfully,
FOUNDRY COMMERCIAL
Patrick Blackley Senior Vice President (919)
274-9323
Patrick.Blackley@foundrycommercial.com
Cc: Jane Doggett – Foundry Commercial
RALEIGH, NC 27608
±6,654 SF Mixed Use Building For Lease
Asking Rate: $36.00/SF (NNN)
Property Highlights
• Immediate Availability
• High Visibility located in the intersection of Five Points
• Third-Story outdoor terrace
• 13 surface parking spaces and readily available street parking
Avison Young is pleased to present a rare opportunity in the Raleigh Five Points neighborhood. We are offering 1700 Glenwood Avenue at 6,654 square feet for lease. Please contact Bill Aucoin with further interest at 919-630-5660.
1700 Glenwood sits prominently at Raleigh’s Five Points intersection, on the corner of Fairview Road and Whitaker Mill Road. The building has high-visibility from Glenwood Avenue and surrounded by an amenity rich and residential neighborhood.
It was built in 1964 for a progressive mechanized dry cleaner, designed to display the machinery and cleaning process in its large, elevated glass expanses. Audio Buys purchased the building in 1979 and launched a new and quickly evolving business, which sold and repaired audio video and computer equipment. In 2007, the shop closed and with it, left a high-profile vacancy at a bustling intersection.
After sitting vacant for a number of years, the owners decided to undertake a renovation, with a specific commitment towards sustainability and an energy-efficient future. A proactive architectural solution was employed, using new insulated glazing, long-lasting zinc siding and a custom shade system to increase energy efficiency. The building now shades its interior space from
glare and reduces summer heat gain by more than 70%. Through this transformation, the building is not only far more energy efficient but is a highly desirable space.
The building is available for immediate lease. The design and quality of construction facilitates versatile uses. There are two front door entries into the building enabling multi-tenant use with independent access.
The following are among the alternate uses:
– Iconic two-story office space with third-story terrace
– Office on second floor with retail on the first floor
6,654 Square feet
Submarket
Six Forks/Falls of Neuse
Asset type Mixed-use
Source: Walk Score
In re-developing 1700 Glenwood Avenue in 2016, katherine hogan architects and Riley Lewis construction fully renovated the interior and exterior of the property and added a third-story terrace overlooking the Five Points intersection.
Located in the intersection of Five Points
Retail/office building
third-story outdoor terrace
energy efficient windows throughout
Insulated glazing, long-lasting zinc siding and a custom shade system
Design/construction and building systems
Foundation Slab
Roof Firestone TPO
Floor to ceiling height 13’
Exterior walls Glass and brick
Exterior glass Insulated tempered glass
Interior walls Stone front on sheet rock
Floor coverings Carpet and concrete
Ceilings Exposed
Stairwells Two
Lighting Track LED
Restrooms per floor One
HVAC systems Forced air carrier
Elevators TK Elevator (three floors)
Plumbing Copper and cast iron
Janitorial Jani-King of Raleigh
Security Consolidated Security Technologies, Inc.
HVAC Carolina Commercial Systems
First floor - 2,604 sf
The Raleigh-Durham region, more commonly referred to as the Triangle, spans seven counties and includes two metro areas – the DurhamChapel Hill MSA and the Raleigh-Cary MSA. The region is anchored by three research universities – The University of North Carolina at Chapel Hill, North Carolina State University in Raleigh and Duke University in Durham. Located in the heart of the Triangle, the world-renowned Research Triangle Park is one of the largest R&D parks in the world and serves as a major economic driver for the region.
From thriving central business districts to quiet suburban areas, the Triangle offers something for everyone. With a population of 2 million people, the Triangle is one of the fastest growing metros in the country. Since 2000, its population swelled by 61%, and more than 70 people move to the region every day.
Home to advanced industries and rich opportunities, the Triangle is a vibrant collection of diverse communities working together to create one of the best places in the world to live, work and play. Residents are drawn to the Triangle from across the U.S. and the globe. The region consistently earns accolades for its outstanding quality of life, business
environment, job opportunities, and its rich talent pool. Heavy inmigration, combined with more than 200,000 college students across the region, provides a strong talent pipeline and intellectual capital for growing businesses. The Triangle offers abundant recreational and cultural activities, along with quick access to North Carolina’s Blue Ridge Mountains to the west and beautiful beaches to the east.
The Triangle is one of the nation’s most affordable places to live and offers an incredible quality of life. Access to high quality medical care is one of the region’s key differentiators. The Triangle is home to two of the nation’s top rated teaching hospitals at Duke and UNC, and ranks among the top metros in the U.S. for physicians per capita. The Triangle offers a rich arts and culture scene with abundant museums, theaters, music venues and festivals. Numerous state and local parks and more than 100 miles of greenway trails offer a wealth of opportunities for hiking, biking, boating, swimming, camping and more. Triangle residents looking for an escape need only hop on Interstate 40, heading just two hours to the east to North Carolina’s southern beaches, or three hours to the west to the beautiful Blue Ridge Mountains. For sports enthusiasts, the Triangle region offers an array of events each year from NHL hockey to minor league baseball and numerous collegiate sports, including what many have dubbed the nation’s #1 rivalry in college sports – Duke vs. UNC.
North Carolina ranked America’s #1 top state for business.
The Triangle’s cost of living index is an affordable 92.6 versus a national average of 100. The cost of housing is a key factor in the region’s affordability. The housing portion of the cost of living index is 89.7.
The Triangle’s Central East Coast location places it within a one-hour flight or one-day drive of half of the U.S. population. North Carolina has the secondlargest state-maintained highway system in the nation, and two major interstates – I-40 and I-85 – run directly through the Triangle. With expansion plans underway, RDU International Airport offers daily direct flights to most major U.S. cities as well as international destinations. North Carolina has the largest consolidated rail system in the country. Recently completed intermodal facilities in Charlotte and just east of Raleigh will provide expanded access to the Southeast’s major ports.
The Triangle’s workforce of the future is cultivated by the region’s academic institutions. The region is home to three tier 1 research universities – The University of North Carolina at Chapel Hill, North Carolina State University in Raleigh and Duke University in Durham. These universities help attract nearly $3 billion in federal R&D funding each year and have spun off hundreds of startup companies. There are eight other universities and colleges across the region, and the Triangle’s community colleges work closely with local economic developers and businesses to ensure course offerings align with industry needs and adequately prepare students for the jobs of tomorrow. As a result of its robust academic resources, the Triangle is one of the most educated metros in the nation with 48% of the population holding a bachelor’s degree or higher. This highly educated, well-trained workforce is one of many reasons businesses are drawn to the region.
NC State is in Raleigh, NC and since 1887, they’ve strived to offer world-class teaching and research. Today, they’re ranked in the top 1% of universities. Being a land-grant institution, they have a duty to open the doors of education for everyone. NC State is a Research 1 university, recognized worldwide for they’re big ideas and bigger impact. They’re also a public university — one that believes in community, equity, sharing what we learn and serving the greater good.
37,800+ student population
2,009 acre campus
15:1 student/faculty ratio
$2.02b endowment
Top 1% top 1% of universities worldwide Center for World University Rankings
October 10,28 2025
Mr. Bill Aucoin
Avison Young T 919-630-5660
bill.aucoin@avisonyoung.com
Re: Request for Proposal – Fischer Homes Carolinas – 1700 Glenwood Ave
Dear Bill:
Foundry Commercial has been exclusively authorized by Fischer Homes Carolinas to secure competitive proposals and to assist them in analyzing and negotiating favorable terms for their potential Raleigh area office requirement.
At this time, I am pleased to submit this Request for Proposal for 1700 Glenwood Ave, in Raleigh, NC. I encourage you to put forth a competitive response so that we can give your property due consideration.
In order to help us with our analysis, please fully respond to the terms and conditions as outlined below in red text – please do not use track changes. In the interest of time, we would like to receive your proposal as soon as possible Thank you in advance for your time and consideration.
Building: 1700 Glenwood Ave Agreed Raleigh, NC 27608
Building Manager: Please provide the entity responsible for property managementBE, LLC
Landlord: Please state the Landlord entity BE, LLC
Tenant: Fischer Homes Carolinas, LLC Agreed
Proposed Premises: 6,654 Rentable Square Feet Agreed
Please verify that the Premises is measured in accordance with BOMA standards, and please state the rentable/usable core factor.
Initial Lease Term: 7 Years Agreed.
Lease Commencement: Target Lease Commencement shall be January 1, 2026.
Early Access:
So long as Tenant’s Early Possession does not delay or interfere with Landlord’s Work, Tenant shall have access to the Premises at no cost thirty (30) days prior to the commencement date for furniture & equipment installation, IT cabling, security installation, etc.
Rental Rate: $36.0034.50/SF NNN escalating 4.03.5% annually
Rent Concession:
Taxes, Insurance & Operating Expenses:
Provided Tenant is not in monetary default of the Lease, subject to notification and cure rights, Base Rent and TICAM for months 13 5 of the Lease Term shall be fully abated. Tenant shall be fully responsible for all utilities, janitorial, HVAC, and interior maintenance as outlined under Tenant responsibilities in the Lease during the abatement period.
Tenant will be responsible for its prorated share of the Building’s operating expenses on a triple net basis during the Lease Term, including taxes, insurance, and common area maintenance (TICAM) charges within the building. Please provide an estimate for Tenant. TICAM at present is $5.78 psf.
Notwithstanding the forgoing, Landlord shall be responsible for structural components of the Premises including the roof, foundation, and sidewalls. Controllable operating expenses (items that can be bid) will be capped on a per annum basis such that the controllable expenses in any given year do not increase by more than five percent (5%) of the previous year’s controllable expenses. Please provide 2024 expenses.
HVAC:
Landlord will provide a formal inventory list of the HVAC. Landlord will inspect the HVAC units serving the Premises prior to occupancy to ensure that they are in good working order.
Landlord, at Landlord’s expense, shall be responsible for repairs or replacements to existing HVAC in excess of $500 per unit per occurrence year as identified either through service calls from Tenant or as otherwise identified in the course of the preventative maintenance and/or inspections. If a replacement of any HVAC system exclusively serving the Premises is required during the Term of this Lease (other than as a result of the acts or omissions of Tenant or its Agents), then Landlord shall replace such system, using Building standard materials, and the cost thereof shall be paid by Landlord Tenant shall provide evidence to Landlord of an annual service agreement covering all HVAC units at Tenant’s expense.
Delivery Condition:
Furniture, Fixtures, & Equipment:
Assignment & Sublease:
Please state Landlord’s obligations with respect to Delivery Condition of the Premises. As Is Where Is.
Signage:
Tenant is interested in any existing FF&E that can be left behind by the current tenants. Glad to discuss this item.
Tenant shall have the right to sub-sublease, assign the Lease, or otherwise transfer all or part of the leased premises subject to the Landlord consent, which shall not be unreasonably withheld,. The profits, if any, resulting from such transfer shall be shared “50/50”. Tenant shall have the right to assign its rights under the Lease to any related entity of which it owns 50% or more without any required consent from the Landlord.
Please describe all signage opportunities available to Tenant at the Building and Premises, including exterior/building signage, lobby signage and suite entry signage. Per Raleigh Code at Tenant’s expense.
Parking:
Telecom Providers:
Security Deposit:
Renewal Option:
Encumbrances:
Tenant Representation:
No Obligation to Lease:
Please outline the parking specifications for the building and the availability of any reserved parking spaces available for Tenant. There are 13 spaces available on-site.
Tenant will have interest in available parking with Hayes Barton Baptist Church. Please elaborate on the availability of overflow parking and how that is currently being addressed.
Please state all internet service providers at the Building and any redundancy measures provided.
One (1) month’s equivalent rent plus First Month’s Rent.
Tenant shall have two (2) Options to Renew the Term of the Lease for a period of three (3) years by giving Landlord prior written notice no less than six (6) months, prior to Lease Expiration. Base Rent during the Renewal Term shall be at the escalated rate.
Please confirm that there are no encumbrances or existing tenant rights that will affect Tenant’s ability to consider a lease for the Premises. Not aware of any.
Foundry Commercial is Tenant’s authorized representative in connection with this proposal. Landlord agrees to compensate Foundry Commercial four percent (4%) of the total gross rent under the terms of a separate Commission Agreement. Agreed.
The terms and conditions contained herein are for review and discussion purposes only and therefore they do not legally bind any of the parties involved. Unless and until a definitive lease document is fully executed between the parties, neither party shall have any liability to the other relative to this proposal, and the terms and conditions remain subject to withdrawal or modification at any time prior to such lease execution. Agreed.
Thank you for your consideration of Fischer Homes Carolinas and we look forward to receiving your response. In the meantime, please call me at 919.274.9323 with any questions.
Respectfully, FOUNDRY COMMERCIAL
Patrick Blackley Senior Vice President
(919) 274-9323
Patrick.Blackley@foundrycommercial.com
Cc: Jane Doggett – Foundry Commercial
±8,000 - 16,000 SF Mixed Use Building For Lease
Asking Rate: $30.00/SF (NNN)
Property Highlights
• Adjacent to downtown Warehouse District and Boylan Heights
• Street level retail
• Parking deck
• Existing furniture available for office users
Near Raleigh’s Union Station, adjacent to the downtown Warehouse District and historic Boylan Heights lies the West End. West End is a bustling district, home to local businesses, restaurants and residential neighborhoods.
Close to Dorothea Dix Park, which is undergoing several transformative projects, the West End is poised to become a vibrant retail destination and fun workplace experience for anyone seeking a convenient Downtown location.
Where the historic charm of Boylan Heights neighborhood merges with the city bustle—West End is capturing the attention of new visitors and residents alike.
West End offers office tenants a vibrant and easily accessible workplace steps from hotspots like Boulted Bread, Sam Jones BBQ, Vault Craft Beer and Heights House Hotel.
• Close to 8,000 SF of street-level office with potential for up to 16,000 SF
• Street-level retail includes Homebody Yoga & Wellness, The Bike Library plus other announcements coming soon
• Steps from coffee, lunch, brewery & fitness options
• Bike share station on site—walkable, bike-friendly location
• Convenient parking deck steps from office entry
• Flexible layouts can accommodate a variety of users
• Generous covered outdoor space
• Existing furniture/seating ready for office users including outdoor electrical outlets
• Office users have access to public courtyard for informal outdoor meetings and gatherings
• Below Platform with 442 new apartment homes, next phase, Oldham & Worth, will bring an additional 252 apartments and 3,500 SF of retail
