Contact for Pricing
38,428 Sq Ft
Strategic medical campus location with ample parking and strong growth tailwinds
38,428
Sq Ft
4.92 acres
Lot
555 Medical Park Place commands one of the most practical locations for healthcare delivery in Clayton: a two-story, steel-frame medical office building directly adjacent to WakeMed Clayton Medical Park. With 38,428 rentable square feet sitting on a level 4.92‑acre parcel, this property was designed around ease of access—patients pull into an expansive surface lot, navigate to bright, clearly signed suites, and find multiple specialty providers under one roof.
Inside the building you’ll find a purposeful medical-office layout: multiple tenant suites occupied today by a mix of clinical services, including WakeMed Clayton Medical Park (Suite 101), Laboratory Corporation of America (LabCorp, Suite 201), Mann Ear Nose & Throat Clinic (Suite 203) and Carolina Foot Specialists (Suite 205). The building’s central HVAC system, durable steel frame construction and flat roof combine with a two-story plan to deliver efficient operations and straightforward maintenance for owner-operators or investors.
Externally the property reads as a healthcare campus: level topography, direct frontage on Medical Park Place, and surface parking sized to support high patient turnover and staff needs. Zoned Office‑Institutional (O‑I) in the Town of Clayton, the site is permitted for medical and professional offices—an important regulatory advantage for clinics, imaging services, outpatient labs and ambulatory practices seeking proximity to an acute-care partner.
Location is a focal point of the offering. US Highway 70 Business sits a stone’s throw away (approximately 0.1 miles), retail anchors like Walmart are 0.2 miles from the door, and Johnston Health Clayton is within close driving distance. The surrounding trade area is growing quickly: population in the immediate 1‑mile radius is just under 3,000 residents with a projected 21.7% growth through 2029 and a median household income near $61,349—dynamics that support expanding outpatient care demand.
This property represents a turnkey option for health systems, specialty groups, or private investors seeking an institutional medical location with strong adjacency to a major hospital and built-in referral synergies. Given limited public sales comparables for local medical office product, prospective buyers are encouraged to validate historical performance, tenant lease terms and capitalize on the site’s expansion and collaboration potential.
Clayton blends fast-growing suburban convenience with healthcare and retail infrastructure. The Medical Park corridor is anchored by WakeMed Clayton Medical Park and supported by nearby retail—including a Walmart Supercenter—and regional health services at Johnston Health Clayton. Easy access to US‑70 Business links the area to Raleigh‑Durham employment centers while the town’s ongoing population growth brings rising demand for outpatient care, specialty services and neighborhood amenities. The community offers a practical environment for medical practices that want visibility, patient access and proximity to hospital services.
The medical office market around Clayton is currently shaped by strong demographic growth and a limited supply of modern, hospital-adjacent assets—factors that favor owners and investors focused on healthcare real estate. Within a 1‑mile radius, population growth is projected at +21.7% from 2024–2029 and median household income sits around $61,349, supporting increased outpatient utilization. Active healthcare tenancy at 555 Medical Park Pl (including WakeMed-adjacent clinical uses and LabCorp) signals healthy demand for proximity to acute care.
However, market transparency for medical office sales and leases in this submarket is low: comparable sale and lease data are limited, and inventory metrics like months of supply and average days on market are not widely published. That creates opportunity—and risk. For sellers, the adjacency to WakeMed and the building’s functional layout can command premium pricing relative to generic office product. For buyers, due diligence should emphasize verified rent rolls, tenant lease terms, deferred maintenance, and potential for lease-up or expansion given the site’s O‑I zoning.
Overall, this is a favorable window for investors or health systems seeking a presence in a high-growth corridor of the Raleigh‑Durham MSA, but careful underwriting and local-market benchmarking are essential given the paucity of transparent comparables.
Moderate access to outdoor recreation—regional parks, greenways and community recreation facilities are reachable within a short drive; nearby retail and neighborhood streets support daily walking for errands.
Strategically located medical office building adjacent to a major medical facility in a high-growth area, offering significant potential for healthcare providers seeking proximity to WakeMed Clayton Medical Park.
Buyers should conduct independent due diligence before making any purchase decisions.
The area has experienced significant population growth, with a projected increase of 21.7% from 2024 to 2029.
Located adjacent to WakeMed Clayton Medical Park and near major retail centers, providing convenient access to healthcare services and amenities.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
Looking to buy or sell? Connect with a licensed local agent who knows this area.
Request a ShowingYour inquiry will be connected with a licensed local real estate professional through our brokerage partner.
No agency is currently featured for this market. Join the CompCasa Local Partner Program to get your brokerage placed on property pages like this one.
Learn About the Partner ProgramCompCasa is a marketing and technology platform. All brokerage services are provided by licensed partners.