Semi Absentee
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Coworking Space
This business is one of Raleigh’s leading coworking locations, recognized for its strong brand presence and consistent performance in a high-demand market. It operates as a truly semi absentee model managed by two seasoned employees who oversee day to day operations. The facility is well maintained and requires no capital improvements, reflecting both quality management and pride of ownership. A key revenue driver is the thriving virtual mailbox business, serving over 600 active members drawn by the location’s prime visibility and accessibility. This opportunity is ideal for an investor seeking a semi absentee operation with stable cash flow and immediate growth potential. Additional revenue upside exists through the planned expansion of available office space within the building and continued growth of virtual mailbox revenue.
About the Business
- Years in Operation
- 9
- Employees
- 2 Full-time
- Franchise
- This business is an established franchise
- Facilities & Assets
- • We are Floor 2 (6542 ft2) of the 5 story “Time & Temp” building with Fifth/Third Bank as the anchor.
• Teknion-brand moveable walls separate offices
• Two of our conference rooms are separated by a sliding accordion wall, giving flexibility for multiple configurations.
• Our IT stack was just replaced 2 years ago.
• RING cameras throughout the hallways.
• FREE parking, meets 4 parking spaces per 1000 RSF. We’ve never had a shortage of parking.
• Lease is 10 years with 2 additional extension periods of 5 years each. - Market Outlook / Competition
- Situated at a prime intersection adjacent to one of the busiest shopping centers in Raleigh. Less than a mile from I 440 and within a five minute walk to a variety of restaurants. The business serves over 600 active mail clients, ensuring steady foot traffic and strong business connectivity. Each office space can be personally customized to meet the unique needs of business owners.
- Opportunities for Growth
- Approximately 2,500 square feet of additional space will become available in March 2026 on the third floor directly above the existing location offering expansion potential. Recent implementation of FlexSpace AI for dynamic pricing has already yielded increased revenue. Coupled with the integration of CoStar and LoopNet for improved market data and exposure, these developments collectively strengthen both the operational efficiency and growth trajectory of the business.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 6,542
- Rent
- $17,956.00 per month
- Lease Expiration
- 10/31/2027
About the Sale
- Seller Motivation
- Retirement
Listing Info
- ID
- 2509037
- Listing Views
Listing ID: 2509037 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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