Listing Agency: CBRE | Raleigh c***@cbre.com Show Phone

Listed By: Charlie Coyne Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Jul 10 Last Checked: Jul 30 at 3:34AM

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Investment Insights

Based on property information with market context.

This property is a retail space available for rent, located at 11 West Franklin Street in Raleigh, North Carolina, with a zip code of 27604. It is classified as an individual retail property and a retail property.

Key Highlights

• Retail space available for lease
• Located in Raleigh, North Carolina

Property Analytics

Property Profile

Current Use

Hoffman & Associates Construction Company

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply HVAC Service Auto Parts Store Pharmacy Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

2,157

Businesses Nearby

Explore this area Business Placement

Demographics for 27604, NC

46,076

Population

20,828

Households

2.2

Avg Household Size

36

Median Age

41%

College-Educated

89%

High-School Grad

19.1 sq mi

ZIP Area

2,412

Density / Sq Mi

$72,793

Median Household Income

$44,471

Median Earnings

$1,386

Median Rent

$293,100

Median Home Value

Market

Lease Benchmarks for Raleigh, NC

$31.86 /SF/Yr

Avg Asking Price

$28–$37 /SF/Yr

Price Range

21,560 SF

Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space available for lease in Raleigh, North Carolina.

Where is this retail space located?

The property is located at 11 West Franklin Street Raleigh, NC.

What are key features of this property?

This property features: Retail space available for lease; Located in Raleigh, North Carolina