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Midtown Corporate Center
Off-Market
5510 Six Forks Road, Raleigh, NC 27609
This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.
- Property Type Office - General Office
- Property Size 55,292 SF
- Lot Size 3.14 Acre
- Parking Spaces Avail. 210
- Parking Ratio 3.80/ 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1984
False
Location
- City Raleigh, NC
- Neighborhood Northglen
- Zip Code 27609
- Market Raleigh Durham
Contacts
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Owner
Tenants
| Suite Name | Tenant | Leased Space |
Rent Price | Lease Type |
Space Type |
Lease Term |
| 370 17th Street #5500 | MERRILL, (303) 446-5500 | 23,824 SF | $23/SF/YR | Modified Gross |
General Office |
11/01/2014- N/A |
| 370 17th Street #6000 |
Morrison & Foerster, (303) 592-1500 |
10,710 SF | $26/SF/YR | Full Service |
General Office |
08/01/2013- 07/31/2023 |
This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge
Brokers
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Documents
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Sales
Market Trends
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
Tax
- Property Tax in 2021 $65,738
- Market Value* $6,756,265
- Assessed Value $6,756,265
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 Midtown Corporate Center?
Midtown Corporate Center totals 55,292 square feet.
When was this property built?
Midtown Corporate Center was built in 1984.
When was Midtown Corporate Center last sold?
Midtown Corporate Center was last sold on 19 Sep, 2017.
What is the property tax for Midtown Corporate Center?
The property tax for Midtown Corporate Center in 2021 was $65,738.
What is the market value for Midtown Corporate Center?
The market value* for Midtown Corporate Center in 2021 was $6,756,265.
*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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