Patriot Park 3 — Lease in Durham, NC

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Durham, NC
  • Size: 187,500 SF
  • Year built: 2021

Description

Patriot Park 3 - Available for lease

Market Context

This industrial in Durham, NC is listed for lease across 187,500 SF. The building dates to 2021. It has been on the market for 209 days. Compare it against other industrial listings for lease in Durham, 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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