How much did the 10 most expensive commercial properties sell for in Raleigh, reported in the week of June 15?

Published Jun 30, 2026

A restaurant that sold for $33 million tops the list of the most expensive commercial real estate sales in Raleigh between June 15 and June 28.

The area saw a total of 10 commercial property sales, averaging $9.17 million. The average price per square foot was $1,699.

The prices in the list below include commercial real estate sales where the title was recorded from the week of June 15 to the week of June 28 even if the property sold earlier.

Forest Pines

1. $33 million, restaurant at 10901 Forest Pines Drive

The sale of the restaurant at 10901 Forest Pines Drive in Raleigh has been finalized.

The price was $33,000,000. The house was built in 2000 and has a living area of 3,242 square feet. The price per square foot ended up at $10,179. GG Reif II Wakefield Commons LLC took over the restaurant. The deal was closed on June 5.

2. $33 million, shopping mall at 10760 Wakefield Commons Drive

A 8,868-square-foot regional shopping mall with anchor tenants at 10760 Wakefield Commons Drive in Raleigh has been sold.

The total purchase price was $33,000,000, $3,721 per square foot. The home was built in 2004. GG Reif II Wakefield Commons LLC acquired the regional shopping mall with anchor tenants. The transaction was completed on June 5.

3. $18.85 million, supermarket at 421 West Peace Street

A 51,275-square-foot grocery store or supermarket at 421 West Peace Street in Raleigh has been sold.

The total purchase price was $18,850,000, $368 per square foot. The house was built in 2018. Peace Street NC Owner LLC bought the grocery store or supermarket. The deal was finalized on June 5.

4. $2.45 million, commercial property at 711 North Person Street

A sale has been finalized for the general commercial property at 711 North Person Street in Raleigh.

The price was $2.45 million. The house was built in 1967 and the living area totals 3,526 square feet. The price per square foot ended up at $695. 711 N Person Street LLC took over the general commercial property. The deal was finalized on June 1.

New Bern

5. $1.63 million, office building at 817 New Bern Avenue

The office property at 817 New Bern Avenue in Raleigh has new owners.

The price was $1,630,000. The home was built in 1984 and has a living area of 5,208 square feet. The price per square foot ended up at $313. 716 South Saunders LLC acquired the office property. The deal was closed on June 5.

Six Forks

6. $1.6 million, office building at 4822 Six Forks Road, Suite 204

A 1,500-square-foot office property at 4822 Six Forks Road, Suite 204 in Raleigh has been sold.

The total purchase price was $1,600,000, $1,067 per square foot. The house was built in 2000. 4822 SIX Forks Properties LLC transferred ownership of the office property to Forks In the Road LLC. The transaction was completed on June 5.

7. $420,000, office building at 10640 Durant Road, Suite 102

A sale has been finalized for the office property at 10640 Durant Road, Suite 102 in Raleigh.

The price was $420,000. The house was built in 2003 and the living area totals 1,500 square feet. The price per square foot ended up at $280. SRI Realty LLC bought the office property. The deal was closed on June 5.

Windy Hill

8. $387,000, office building at 4909 Windy Hill Drive

A 10,151-square-foot office property at 4909 Windy Hill Drive in Raleigh has been sold.

The total purchase price was $387,000, $38 per square foot. The home was built in 1975. Kenneth P. Martin bought the office property from Accountants PAD LLC. The transaction was completed on June 8.

Blount

9. $300,000, mixed-use building at 444 South Blount Street, Suite 109

The sale of the mixed-use office and residential property at 444 South Blount Street, Suite 109 in Raleigh has been finalized.

The price was $300,000. The house was built in 2006 and has a living area of 928 square feet. The price per square foot ended up at $323. Jeremiah Arthur Grant sold the mixed-use office and residential property to Charles Douglas Sutton. The deal was finalized on June 1.

10. $38,500, day care center at 8400 Falls of Neuse Road

The commercial day care or preschool at 8400 Falls of Neuse Road in Raleigh has new owners.

The price was $38,500. The home was built in 1985 and has a living area of 5,040 square feet. The price per square foot ended up at $8. Harry T Abernathy Revocable Trust and Creative Planning Trust took over the commercial day care or preschool. The transaction was completed on June 5.