701 South New Hope Road

701 South New Hope Road, Raleigh, NC 27610

Property Information

  • 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

Contacts

Location

Located at 701 South New Hope Road, Raleigh, NC 27610, this property is part of the Riverview neighborhood and Raleigh Durham market.

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