Prime office opportunity in North Raleigh at 701 Mutual Court. Only the second floor (Suite 200) is for sale. The first floor (Suite 100) is fully leased to Alpha Male Wellness and is not part of the offering. The building totals 8,068 square feet, and the available second floor consists of 4,034 square feet ready for customization. Suite 200 is in vanilla box condition and needs a full build-out, making it ideal for an owner-user who wants to design their space from the ground up. The suite needs sheetrock repair, full interior paint, completion of the framed conference room including sheetrock and doors, installation of two bathrooms in the rear center of the space, interior glass added to several offices facing the waiting area, and final HVAC distribution such as ductwork. The existing layout includes four large offices on the right side, a spacious open lobby and waiting area at the entrance, a large conference room behind the waiting area, three large offices on the left side, and a framed break room on the left-center. The suite was previously occupied by Union Bank, and bank use is restricted until December 18, 2028. The building features large lobbies, elevator access, and a professional presence in one of Raleigh's strongest and most resilient submarkets. The property sits just off Falls of Neuse Road and Strickland Road with easy access to Highway 540, Downtown Raleigh, and RDU International Airport. There is steady traffic flow in the area, strong surrounding demographics, and a GoRaleigh bus stop located directly in the cul-de-sac. Within a three-mile radius, the area includes nearly 69,000 residents and over 31,000 households, with a median home value above $400,000 in nearby neighborhoods. Wake County values the entire building at $3,196,680, and the parcel is zoned OX-4 (Office Mixed Use). This is a rare chance to purchase a full second floor in a well-located North Raleigh office building, perfect for an owner-user or investor seeking a customizable space in a high-growth market. Schedule your showing for Suite 200 at 701 Mutual Court today.

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Dec 02, 2025

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Prime Office Space in North Raleigh: LANDLORD IS CONTRIBUTING $80,000 TOWARDS TENANT UPFIT AND 2 MONTHS FREE RENT!!! Exceptional Leasing Opportunity! 701 Mutual Court, Suite 200 (2nd Floor), Raleigh, NC 27615 4,034 Sq. Ft., Lease Rate $28 Sq. Ft. + $3.50 TICAM The space is in Vanilla Box Condition and needs to be completed throughout to meet the tenant's needs. The space needs sheetrock repair, painted throughout, the center conference room needs sheetrock and doors added to the steel studs, two complete bathrooms need to be installed, glass needs to be added to several of the offices facing the waiting area, and complete the necessary work on the HVAC, such as air ducts, etc. The space is set up with 4 large offices on the right side of the building, a large open/waiting area at the front lobby entrance, and a large conference room behind the waiting area. 3 large offices on the left side of the building, with a break room in the center on the left side. Two Bathrooms Are Needed in the back center of the space. Located in the Heart of North Raleigh, this two-story, 8,068 SF professional building offers a premier second-floor office suite totaling 4,034 SF. Previously occupied by a financial institution, Suite 200 provides a flexible layout with abundant natural light, private offices along both wings, an open floor plan, a break room, a large conference room in the center of the office, and elevator access in the front lobby. The deed restriction prohibits banking use for 5 years. Current Tenant on the First Floor: 4,034 SF is leased to Alpha Male Wellness & Therapy Highlights High Visibility Location with approximately 13,000 vehicles per day passing this location. Convenient Access Near Falls of Neuse Road, Strickland Road, and I-540. Excellent Demographics * 68,972 residents within 3 miles * 31,015 households within 3 miles * Median home value of $401,515 within 2 miles Close to Major Destinations - 9 miles to Downtown Raleigh, 12 miles to RDU Airport. Ample Parking - Large standalone surface lot. Natural Light - Abundant windows throughout the space. Property Features: * Elevator access to the second floor * Open layout with a mix of private offices and common areas * Break room and support spaces * Standalone building with strong traffic exposure Don't miss this unique opportunity to transform a vanilla shell office space into one that meets your company's needs. Establish your business in one of North Raleigh's Most Desirable Locations! Please get in touch with us today to schedule a private tour! Listing Broker: Steve Gillooly (919) 612-9885 Cell

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Sep 13, 2025

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