Office

WestChase II

westchase ii, raleigh, NC 27607

Price

Price on request

Price/Sq Ft

$31.50

Description

Westchase Buildings are LEED Certified® & Achieved WELL Health and Safety Rating Designation Class A office building in the three building Westchase Office Park

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

Location

westchase ii, raleigh, NC 27607

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

$23.36/SF/mo-$26.86/SF/mo

Mid: $23.36/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.