Closing Deal: Raleigh office property snapped up for $4.5 million

Published Apr 10, 2025

The commercial space at 3800 Barrett Dr. changed hands on Oct. 25, 2024. 3800 Barrett Drive LLC purchased the property, built in 1972 from Atlas Stark Barrett Drive i LLC. The 24,583-square-foot property, listed as Commercial, has three floors and sits on a 1.2-acre lot. It comes equipped with central A/C and central heating. On the exterior, the building features a flat roof design. The closing price for the property was $4,500,000. These nearby offices have also recently changed hands:

  • In October 2024, a 1,000-square-foot commercial space on Barrett Drive in Raleigh sold for $296,000, a price per square foot of $296.
  • A 1,000-square-foot commercial space on Barrett Drive in Raleigh sold in February 2024, for $239,000, a price per square foot of $239.
  • On Six Forks Road, Raleigh, in June 2024, a 3,374-square-foot commercial space for $1,229,000, a price per square foot of $364.