Retail Business for Lease in Raleigh, NC

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Raleigh, NC 27615

Description

Landmark Property Serving North Raleigh Celebration at Six Forks is a landmark property serving the dense North Raleigh submarket. With recently completed renovations, the property offers a unique opportunity for retailers, restaurants and service providers to tap an easily accessible suburban audience with a refreshed cool vibe.

Market Context

This retail in Raleigh, NC is listed for lease. It has been on the market for 147 days. Compare it against other retail listings for lease in Raleigh, NC — <a href="/search/lease/retail/north-carolina/raleigh">view the full market</a>.

As of Q1 2025, the Raleigh retail market showed a 21.0% vacancy rate, average asking rents near $38.19/SF/yr, rents up 3.1% year over year, and cap rates around 5.9%. Source: Consensus Q1 2025 market report.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Retail market FAQ

What is the typical cap rate for retail in Raleigh?
About 5.9% as of Q1 2025, per Consensus.
Is the Raleigh retail market tightening or softening?
Vacancy is around 21.0%, with asking rents rising year over year (Q1 2025).

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