Palisades III

1501 Nowell Road, Raleigh, NC 27607

  • For Lease $34.00/SF/YR
  • Property Type Office - General Office
  • Property Size 167,307 SF
  • Lot Size 5.32 Acre
  • Parking Spaces Avail. 667
  • Parking Ratio 3.99 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2021
  • Date Updated Feb 28, 2025

Palisades III is a 167,307-square-foot Class B office building set on a generous 5.32-acre lot. Built in 2021, the property includes 667 parking spaces, offering a parking ratio of 3.99 per 1,000 square feet. This modern office space is designed to meet the needs of today?s professionals, providing ample room for businesses to grow and thrive. Its strategic layout and contemporary construction make it an efficient and practical choice for tenants seeking a professional environment.

Nestled in the Trinity Park neighborhood, Palisades III is surrounded by a variety of amenities. Dining options such as Bru?s Public House and Spring Rolls Asian Bistro are just a short walk away, while popular chains like Bojangles? and Wendy's are nearby for quick meals. Business travelers will appreciate hotels like Four Points by Sheraton Raleigh Arena, located within 0.5 miles. Convenient access to fuel stations, including 76 and Sheetz, adds to the property's practicality. The area also benefits from its proximity to Cardinal Gibbons High School and other educational institutions, providing additional value to tenants.

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Spaces Available

Contacts

broker
Lee Clyburn Is this you?

CBRE

broker
John Brewer Is this you?

CBRE

broker
Hastings Crockard Jones Is this you?

CBRE

Location

Getting Around

  • Walk Score ®

    31/100 Car-Dependent

  • Transit Score ®

    25/100 Some Transit

  • Bike Score ®

    50/100 Bikeable
Powered by Walk Score ®
  • City Raleigh, NC
  • Neighborhood Trinity Park
  • Zip Code 27607
  • Market Raleigh Durham

Points of Interest

  • Raleigh

    5.02 miles

  • Zone 1: Prearranged Services

    6.02 miles

  • Zone 4: Limos

    6.03 miles

  • 76

    0.32 miles

  • Sheetz

    0.90 miles

  • Shell

    1.10 miles

  • Exxon

    1.16 miles

  • Mobil

    1.24 miles

  • BP

    1.52 miles

  • Building C Charging Station

    1.57 miles

  • Valero

    1.60 miles

  • Gabe Mart

    1.66 miles

  • Tesla Supercharger

    2.95 miles

  • District Drive Park & Ride

    1.24 miles

  • CBC Parking Garage

    1.47 miles

  • Large Animal Hospital parking

    1.54 miles

  • Health and Wellness Center parking

    1.54 miles

  • Terry Center Parking

    1.58 miles

  • House Creek Greenway Parking

    2.41 miles

  • East Cedar Street Lot

    2.69 miles

  • Cary Town Hall Parking Deck

    2.74 miles

  • Senior Parking Lot

    2.80 miles

  • Town of Cary Library Parking Deck

    2.93 miles

  • Four Points by Sheraton Raleigh Arena

    0.47 miles

  • Hyatt Place Raleigh West

    0.74 miles

  • Home2 Suites Raleigh State Arena

    0.95 miles

  • Wingate by Wyndham State Arena Raleigh/Cary

    1.03 miles

  • Hampton Inn & Suites

    1.12 miles

  • Ramada Raleigh

    1.50 miles

  • Hawthorn Suites by Wyndham Raleigh

    2.18 miles

  • Motel 6 Raleigh, NC - Cary

    2.66 miles

  • The Umstead Hotel and Spa

    2.66 miles

  • Best Western Plus

    2.84 miles

  • Bojangles'

    0.15 miles

  • Wendy's

    0.35 miles

  • Spring Rolls Asian Bistro and Sushi Bar

    0.41 miles

  • Backyard Bistro

    0.41 miles

  • Bru’s Public House

    0.43 miles

  • McDonald's

    0.92 miles

  • Ole Time Barbecue

    1.00 miles

  • Hardee's

    1.19 miles

  • Sonic

    1.33 miles

  • Subway

    1.37 miles

  • Cardinal Gibbons High School

    0.24 miles

  • Mount Vernon Goodwin School

    1.07 miles

  • CBC Research Building

    1.52 miles

  • College of Veterinary Medicine Equine and Food Animal Veterinary Center

    1.55 miles

  • Animal Scan

    1.56 miles

  • College of Veterinary Medicine Health and Wellness Center

    1.56 miles

  • NCSU College of Veterinary Medicine

    1.58 miles

  • Terry Companion Animal Veterinary Center

    1.59 miles

  • NCSU CVM Library

    1.62 miles

  • NCSU College of Veterinary Medicine Teaching Animal Unit

    1.64 miles

  • The Goddard School

    2.47 miles

  • Bright Horizons

    3.05 miles

  • Primrose School of Cary

    3.82 miles

  • La Petite Academy

    4.31 miles

  • Leap N Learn

    4.47 miles

  • Preston Children's Academy

    4.54 miles

  • PB&J's Children's Center

    4.65 miles

  • Chesterbrook Academy

    4.89 miles

  • Spanish for Fun!

    4.98 miles

  • St. Michael Early Childhood Center

    5.09 miles

Frequently Asked Questions

What is the price for renting office space at Palisades III?

The price for office space here is $34.00/SF/YR.

What type of office space is available to lease at Palisades III?

The property includes 4 Office spaces located on 4 floors. Availabilities total 115,099 square feet of office space. The property offers Multi-Tenant commercial space.

Does Palisades III have enough space for a large business?

Yes, availabilities here could accommodate larger businesses with 4 office spaces larger than 10,000 square feet available for lease. The largest office size is 33,746 SF, located on floor 4. For a better understanding of how this space could work for you, reach out to schedule a tour.

Does Palisades III have parking?
Yes, the property offers 667 parking spaces with a parking ratio of 3.99 / 1,000 SF.
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