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Brier Creek Corporate Center III
8041 Arco Corporate Drive, Raleigh, NC 27617
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- Property Type Office - General Office
- Property Size 127,500 SF
- Lot Size 5.43 Acre
- Parking Spaces Avail. 344
- Parking Ratio 2.70/ 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class A
- Year Built 2007
- City Raleigh, NC
- Neighborhood Brier Creek
- Zip Code 27617
- Market Raleigh Durham
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|370 17th Street #5500||MERRILL, (303) 446-5500||23,824 SF||$23/SF/YR||Modified
|370 17th Street
|Morrison & Foerster,
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Average Actual Rents in Raleigh
Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.
Asking Rents in Raleigh Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $28.63
- 2020 Office Vacancy Rate 9.63%
- 2020 Office Completions (SF) 944,005
Raleigh Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per SF $308.70
- Y-o-Y Avg. PpSF Change 9.21%
- 2020 Office Sales Volume $430.9M
- 2020 Number of Transactions 9
- Property Tax in 2021 $251,927
- Market Value* $25,891,880
- Assessed Value $25,891,880
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
Frequently Asked Questions
What is the total square footage of Brier Creek Corporate Center III?
Brier Creek Corporate Center III totals 127,500 square feet.
When was this property built?
Brier Creek Corporate Center III was built in 2007.
When was Brier Creek Corporate Center III last sold?
Brier Creek Corporate Center III was last sold on 04 Jan, 2022.
What is the property tax for Brier Creek Corporate Center III?
The property tax for Brier Creek Corporate Center III in 2021 was $251,927.
What is the market value for Brier Creek Corporate Center III?
The market value* for Brier Creek Corporate Center III in 2021 was $25,891,880.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.
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