701 Mutual Ct
701 Mutual Court is an 8,068 SF, two-story office building in North Raleigh offered for sale at $3,495,000. The asset delivers immediate cash flow from a fully leased first floor, while the vacant second floor presents value-add upside through additional leasing, owner-occupancy, or repositioning. Built in 2016 with an elevator, the property combines income-producing stability with flexible expansion potential.
Located on 1.79 acres along Strickland Road and Falls of Neuse Road—a high-visibility corridor—the building benefits from excellent road frontage and proximity to major highways, transit, and Raleigh's growth corridors. The OX-4 zoned parcel includes 26 parking spaces (3.22 spaces per 1,000 SF leased). Unit amenities include 24-hour access and air conditioning; location amenities encompass bus lines, commuter rail, and airport access.
- Fully leased first floor generating immediate income
- Vacant second floor with flexible upside for leasing or owner use
- Two-story elevator building, 8,068 SF on 1.79 acres
- Prime North Raleigh location with strong road visibility
- 26 parking spaces; close to major highways and transit
More property details
Features & amenities
Location
This 8,068 SF, two-story office building is offered forsale and lease, providing a rare chance to own a well-located asset in the Heart of North Raleigh. The property delivers immediate income from the fullyleased first floor, while the vacant second flooroffers flexible upside for additional leasing, owner-occupancy, or future disposition.
- Entire 8,068 SF Office Building For Sale | IncomeProducing with Value-Add Potential
- Excellent Road Frontage and Visibility along Strickland & Falls Of Neuse Road
- Close to Major Highways, Amenities, and Growth Corridors
- Immediate Cash Flow with Strong Leasing Upside -Or End Use Potential
- Fully Leased 1st Floor + Vacant 2nd Floor Value-Add
- North Raleigh Office Asset | Elevator | Prime Location