DOWNTOWN RALEIGH, NC | The Edge

Property Overview

±0.68-Acre, 56-Space Cash-Flowing Surface Parking Lot in Core Downtown Raleigh

High-Rise Future Development Potential with 40-Story Zoning

• 2024 NOI of $367,045 with a 26% year-over-year increase
• Rapid-access surface parking walkable to a wide array of amenities
• Vibrant downtown location with a WalkScore of 97
• Rare DX-40 zoning allowing for future high-density development