Waters Edge Office Park

4917 Waters Edge Drive, Raleigh, NC 27606

Property Information

  • For Sale $4,700,000
  • Property Type Office - General Office
  • Property Size 31,623 SF
  • Lot Size 3.54 Acre
  • Building Class B
  • Year Built 1982
  • Date Updated Oct 21, 2026

Description

Positioned near the intersection of Jones Franklin Road and I-440, 4917 Waters Edge Drive provides convenient access to major regional transportation routes and key Triangle employment centers. The property is approximately five minutes from NC State University and is located near Cary Crossroads, Fenton, Downtown Raleigh, Downtown Cary, Research Triangle Park, and RDU International Airport. The surrounding area includes established office, retail, residential, educational, and employment uses, providing a convenient and amenity-rich environment for office tenants and their employees.4917 Waters Edge Drive offers ±31,623 RSF of office space on ±3.54 acres in southwest Raleigh. Located within the established Waters Edge Office Park, the property features approximately 146 parking spaces, flexible office configurations, and convenient access to I-40, I-440, Cary, Downtown Raleigh, and key Triangle employment centers. OX-3 zoning, Opportunity Zone designation, a 2017 roof, and capital improvements—including LED lighting, electronic access controls, and refreshed exterior features, add to its appeal as an investment opportunity with lease-up potential.Office space for lease in Waters Edge Office Park in Raleigh, located at the Jones Franklin Road intersection with I-440. The property has easy access to I-40 and is close to numerous amenities, including Cary Crossroads.

Highlights

  • ±3.54-acre site within Waters Edge Office Park
  • ±31,623 RSF multitenant office property
  • Approximately 146 parking spaces, providing a strong ratio of ±4.6 spaces per 1,000 SF
  • Approximately 52.7% leased, with five vacant suites available for lease-up
  • Close proximity to Cary Crossroads, Fenton, Downtown Raleigh, Downtown Cary, RTP, and RDU
  • Electronic FOB access system
  • Elevator in place for convenient multi-floor access
  • Established southwest Raleigh location with convenient access to I-40 and I-440
  • LED lighting improvements
  • Located within a designated Opportunity Zone
  • Multiple suite sizes accommodate a range of office and professional service users
  • OX-3 zoning supports a variety of office and professional service uses
  • Refreshed exterior paint and building appearance
  • Roof installed in 2017
  • SALE PRICE: $4,700,000

Contacts

Location

Located at 4917 Waters Edge Drive, Raleigh, NC 27606, this property is part of the Athens Grove neighborhood and Raleigh Durham market.

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