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

Listed By: John Burleson Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Jul 30 at 2:29AM

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Investment Insights

Based on property information with market context.

This retail space is located adjacent to North Carolina State University. The redevelopment property is situated along Hillsborough Street, neighboring Target. The property offers 4988 square feet of retail space.

Key Highlights

• Adjacent to North Carolina State University
• Retail space available
• Located along Hillsborough Street

Property Analytics

Property Profile

Current Use

Creative T Shirts ... (Bike/Boat/Book/etc) Store Global Training Initiative High School Playa Bowls Restaurant Kitsch (Bike/Boat/Book/etc) Store New Mind Education High School

Suggested Use

Top Pick Building Supply Auto Parts Store HVAC Service Nail Salon Daycare Center Electrical Service

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

1,573

Businesses Nearby

Explore this area Business Placement

Demographics for 27607, NC

27,182

Population

10,698

Households

2.5

Avg Household Size

27

Median Age

71%

College-Educated

96%

High-School Grad

17.4 sq mi

ZIP Area

1,562

Density / Sq Mi

$95,216

Median Household Income

$49,365

Median Earnings

$1,529

Median Rent

$639,200

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 adjacent to North Carolina State University.

Where is this retail space located?

The property is located at 2526 Hillsborough Street Raleigh, NC.

What are key features of this property?

This property features: Adjacent to North Carolina State University; Retail space available; Located along Hillsborough Street