5025 Departure Dr — Lease in Raleigh, NC

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Raleigh, NC 27616
  • Size: 14,917 SF

Description

Located off Millbrook Rd near Capital Blvd, with convenient access to Capital Blvd, I-540, and I-440.

Market Context

This industrial in Raleigh, NC is listed for lease across 14,917 SF. It has been on the market for 53 days. Compare it against other industrial listings for lease in Raleigh, NC — view the full market.

As of Q1 2026, the Raleigh industrial market showed average asking rents near $10.86/SF/yr, rents up 7.5% year over year, and cap rates around 7.8%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Industrial market FAQ

What is the typical cap rate for industrial in Raleigh?
About 7.8% as of Q1 2026, per multiple brokerage reports.

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