- For Sale Call for Pricing
- Property Type Industrial - Flex - Industrial
- Property Size 10,662 SF
- Lot Size 1.31 Acre
- Property Tenancy Single Tenant
- Year Built 2012
- Date Updated Aug 25, 2026
- HVAC None
Description
701 S New Hope Road sits in East Raleigh's established New Hope/Trademark industrial corridor — a fully built-out node where vacant, owner-user-sized flex product almost never reaches the open market. The property offers immediate arterial frontage with roughly .7 miles to I-87, 1.1 miles to the I-440, 3.3 miles to Hwy 540, and close access to downtown Raleigh.
Established neighbors include Graybar, Owens & Minor, R.H. Barringer Distributing, and XPO Logistics, with WakeMed's 8,000-employee flagship campus less than two miles away. With Raleigh-Durham's entire construction pipeline aimed at big-box product, small-bay supply in this corridor is effectively zero — a rare chance for an owner-user to control frontage where nothing comes available.Built in 2012, 701 S New Hope Road delivers 10,662 SF of exceptionally clean, low-maintenance flex space purpose-built by its original owner-operator — a rare find in a corridor dominated by 1980s and 1990s product.
The building pairs a luxury-finish showroom and quality office space with a functional warehouse featuring 16' clear ceilings, 3 drive-in's, and 3-phase power, so a buyer inherits a turnkey front-of-house and a fully capable back-of-house on day one. At just 10,662 SF on 1.31 acres, this leaves meaningful space for a potential fenced laydown area — permitted up to an 8' fence with a 3' setback under the site's IX-3 zoning.
For a contractor, distributor, or business-services operator running crews and inventory across the Triangle, this is a building you can move into, present clients in, and store material behind — without spending a dollar on buildout.
Highlights
- (3) 12'ft Drive-ins
- 16'ft Clear
- 25k VPD
- 3 Phase Power
- Built in 2012
- Luxury Showroom
- Opportunity Zone 2.0 Nominated
- Potential Fenced Laydown
False
Contacts
Louis-Xavier Bilodeau
CityPlat Brokerage
Location
Located at 701 South New Hope Road, Raleigh, NC 27610, this property is part of the Riverview neighborhood and Raleigh Durham market.
Contact Listing Broker
Louis-Xavier Bilodeau
CityPlat Brokerage