Office

1000 SOCIAL at The Exchange

1000 social at the exchange, raleigh, NC 27609

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Low Confidence

Low

$1.83/SF/mo

Mid

$2.00/SF/mo

High

$2.60/SF/mo

Tier Used

direct_comps

Based on 3 comparable office lease listings in the area.

Tier Resolution Trace

Tier 1success3 compsselected

Cost Breakdown

Component	Value	Detail	Source
Base Rent	$2.00/SF/mo	—	direct_comps
Utilities	—	10.8¢/kWh	OpenEI URDB
Property Tax	—	0.0% eff. rate	API Ninjas
Labor Index	—	$1502/wk	BLS QCEW

Source Provenance (1)

Source	Type	Count	Year	Freshness	Peer
OpenSearch Listings	comparable_listings	3	—	real-time	—

Data sources used

listings

Description

Delivered April 2024! Ready for tenant upfits 1000 SOCIAL is a newly delivered, 12-story mixed-use tower offering 353,891 SF of space, including efficient 28,500 SF floor plates and a 1,585-space secure parking deck. This single-tenant building features a full-floor plan with a private balcony, 360-degree views, and high-impact signage visible from Highway 440. The ground floor hosts 20,014 SF of retail space, including WRK by The Optimist Raleigh and a chef-driven restaurant by S&P Hospitality.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

1000 social at the exchange, raleigh, NC 27609

Leaflet © OpenStreetMap contributors

Financial Details

Lease TypeFull Service

Market Context

As of Q1 2026, the Raleigh office market showed a 1.9% vacancy rate, and average asking rents near $5.00/SF/yr. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

low confidence

Projected asking rent

$31.39–$31.90/SF/yr

Estimated sale value

$163–$216/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q4 2025 Newmark data (cap rate 8.8%, asking rent trend-adjusted to today).

View the full Raleigh Office market report →

Tight vacancy keeps competition for quality space elevated.

Compare it against other office listings for lease in Raleigh, NC to benchmark pricing and space — view the full market.

Office market FAQ

Is the Raleigh office market tightening or softening?: Vacancy is around 1.9% (Q1 2026).

Unified Estimate

Medium Confidence

$1.53/SF/mo-$1.83/SF/mo

Mid: $1.59/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

Lease Rate & Market Trend

2025 – 2025 · county sold comps + market trendsFIPS 37183

Medium Confidence

Avg Rent ($/SF/mo) (market data)
Vacancy %

Market asking rent (quarterly avg)Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.