7209 Creedmoor Rd
Raleigh, NC 27613
Stonehenge Plaza · Property For Lease

PROPERTY HIGHLIGHTS Lease Rate: $18.00/SF, NNN » 2,500 SF move-in-ready space — ideal for fitness or physical therapy user (equipment available) » Space easily reconfigured for office / medical office with additional plumbing located at the rear » Well-maintained professional complex with no known upcoming assessments and relatively new roof and parking lot » Neighboring tenants include Sylvan Learning Center, Capital Dermatology, POP Printing and Marketing, and Pediatric Possibilities » Great exposure at Stonehenge Dr and Creedmoor Rd intersection » Convenient ingress / egress via two access points » Zoned OX-3-CU (Office Mixed Use) » 4:1000 parking » Building signage available SUBMARKET OVERVIEW The subject property is within the US-70/Glenwood office submarket. This submarket continues to attract new businesses to the area due to its proximity to other major submarkets and availability of high-quality space. New high-end developments that have delivered recently include the mixed-use tower, Crabtree Terrace. This building was delivered fourth quarter 2019 bringing 174,000 square feet of space to the market. An additional 35,000 square feet has been delivered in 2020 with another 172,115 square feet expected in the next two quarters. The Crabtree Terrace project will tie in directly with the Shamin Hotel’s plan to build a luxury hotel and conference center on the property next door. Once this proposed project is completed it will be the first Westin Hotel in the Triangle. Plans show an 18-story hotel with 252 rooms, an 8,200 square foot restaurant, 500-seat ballroom and enough meeting space to accommodate 152 people. One of the area’s most popular shopping malls is located three miles from the property. Crabtree Valley Mall is the largest enclosed mall in the Triangle and encompasses 1,350,000 square feet of space. With nearly 200 stores and dozens of restaurants it is the main retail hub for those living and working in the area. As one of the largest malls in the Southeast, Crabtree Valley Mall draws shoppers from across Central and Eastern North Carolina. Popular shopping destinations at the mall include Apple Store, Diamonds Direct, Michael Kors, and Brooks Brothers. Dining options include Brio, Fleming’s, McCormick & Schmick’s and P.F. Chang’s.