Brightleaf
Price
Price on request
Market rate estimate — not broker-provided
Cost-of-Business Details
Very Low ConfidenceTransferred from peer market tucson (similarity: 100%) with 16 comparable listings.
| Component | Value | Detail | Source |
|---|---|---|---|
| Base Rent | $16.00/SF/mo | — | peer_city_transfer |
| Utilities | — | 10.8¢/kWh | OpenEI URDB |
| Property Tax | — | 0.0% eff. rate | API Ninjas |
| Labor Index | — | $1502/wk | BLS QCEW |
Source Provenance (1)
| Source | Type | Count | Year | Freshness | Peer |
|---|---|---|---|---|---|
| Peer City Transfer | economic_similarity | 16 | — | real-time | tucson (100%) |
Description
Full of energy and excitement, Brightleaf is an irresistibly authentic and inviting community fueled by its modern scholarly community and historic vibes. Located just steps from Downtown Durham, Brightleaf is in the heart of North Carolina’s nternationally-known Research Triangle which encompasses Raleigh-Durham, Cary and Chapel Hill – collectively one of the fastest growing MSAs in the country.
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Financial Details
Market Context
As of Q1 2025, the Raleigh retail market showed a 21.0% vacancy rate, average asking rents near $38.19/SF/yr, and rents up 3.1% year over year. Source: Cushman & Wakefield Q1 2025 market report.
Projected current pricing
low confidenceModeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2025 curated:survey data (cap rate 5.9%, asking rent held flat).
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Compare it against other retail listings for lease in Durham, NC to benchmark pricing and space — view the full market.
Retail market FAQ
- Is the Raleigh retail market tightening or softening?
- Vacancy is around 21.0%, with asking rents rising year over year (Q1 2025).
Unified Estimate
Very Low ConfidenceRate-first confidence-weighted blend with cost-of-business adjustment.
No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market tucson (similarity: 100%) with 16 comparable listings.
Lease Rate & Market Trend
Market report quarterly trend fallback
- Avg Rent ($/SF/mo) (market data)
- Vacancy %
Investment Analysis
Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.
Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.
Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Assumptions
- Market comparison: retail in durham, NC
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Documents
Contact Broker
Jon Stanley
Cori Nix
Listed by
CBRE System Import