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Retail Space on Hillsborough Street
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301 Hillsborough Street, Raleigh, NC 27603

Retail property available for lease in Raleigh, North Carolina.

Property Size8,798 SF
Days on Market250

Property Features for 301 Hillsborough Street

General Information

Standard status Active
Size 8,798 SF
Property subtype Retail
Listing Agency: CBRE | Raleigh
Listed By: Charlie Coyne
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Jul 26 at 4:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Raleigh

Investment Insights

Based on property information with market context.

A retail property offering 8798 square feet of space is available for rent. The property is located on Hillsborough Street in Raleigh, North Carolina.

Key Highlights

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

Property Analytics

Current Use

Nelson Mullins Riley ... Law Firm Nexus Strategies Inc Consultant K&L Gates LLP Law Firm 301 Hillsborough St ... Parking Lot & Garage Rural Healthcare Initiative Consultant

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Pharmacy Garden Center Electronics & Wireless Store

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

5,623
Businesses Nearby

Demographics for 27603, NC

54,616
Population
24,030
Households
2.3
Avg Household Size
34
Median Age
48%
College-Educated
94%
High-School Grad
51.4 sq mi
ZIP Area
1,063
Density / Sq Mi
$87,939
Median Household Income
$51,856
Median Earnings
$1,496
Median Rent
$347,000
Median Home Value

Market

Lease Benchmarks for Raleigh, NC

$28.73 /SF/Yr
Avg Asking Price
$10.5–$37 /SF/Yr
Price Range
19,421 SF
Avg Space Size

Properties on Market for Retail properties & Spaces in Raleigh

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail property - Retail property available for lease in Raleigh, North Carolina.
Where is this retail property located?
The property is located at 301 Hillsborough Street Raleigh, NC.
What are key features of this property?
This property features: Retail property available for lease; Located in Raleigh, North Carolina
More about this property
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