Retail Business for Lease in Raleigh, NC

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

Description

2nd Gen Restaurant & Catering Space Available in North Raleigh Target Power Center Anchored by Target, Food Lion, The Home Depot, and PetSmart, this power center is positioned at one of North Raleigh‘s most heavily trafficked intersections.

Market Context

This retail in Raleigh, NC is listed for lease. It has been on the market for 148 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).

Unified Estimate

Very Low Confidence

$4.80/SF/mo – $6.49/SF/mo

Mid: $5.65/SF/mo

Rate-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.

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