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Retail Site at Major Intersection
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2101 East Millbrook Road, Raleigh, NC 27604

Retail property positioned at the intersection of East Millbrook Road and Atlantic Avenue.

Property SizeContact for details
Days on Market122

Property Features for 2101 East Millbrook Road

General Information

Standard status Active
Property subtype Retail

Site & Location

Traffic Count 28,800 vehicles/day
Highway Access Yes
Listing Agency: Gala Real Estate Advisors | Gala CRE Group
Listed By: Gaurang Gala · License #NC 283149
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 6:45PM

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 Gala Real Estate Advisors | Gala CRE Group

Investment Insights

Based on property information with market context.

This for-sale retail property is located at the intersection of East Millbrook Road and Atlantic Avenue in Raleigh, North Carolina. The offering is presented with area demographics and roadway activity, including an estimated population of over 216,000 residents within a five-mile radius and an expected 11.5% population increase over the next five years.

Roadway exposure data provided includes average vehicles per day along Atlantic Avenue of +28,800 and along Millbrook Road of +22,000. The property is also described as being conveniently located 2–3 miles from I-440, US 1, and US 401.

Overall, the provided materials frame the asset around strong access to major arterials and a sizable, growing trade area within the immediate vicinity.

Key Highlights

  • Retail property at the intersection of East Millbrook Road and Atlantic Avenue
  • 2015 estimated population of 216,000+ within a 5‑mile radius
  • Expected 11.5% population increase over the next 5 years (within a 5‑mile radius)

Property Analytics

Current Use

Cup o Jane Cafe & Coffee Shop 5 stars hand ... Car Wash Porsche hand car ... Car Wash El sabor de ... Restaurant EZ Pass Tobacco ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Hotel & Motel Veterinary Clinic Butcher Pet Grooming 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

28,800 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,087
Businesses Nearby

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

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 space - Retail property positioned at the intersection of East Millbrook Road and Atlantic Avenue.
Where is this retail space located?
The property is located at 2101 East Millbrook Road Raleigh, NC.
What are key features of this property?
This property features: Retail property at the intersection of East Millbrook Road and Atlantic Avenue; 2015 estimated population of 216,000+ within a 5‑mile radius; Expected 11.5% population increase over the next 5 years (within a 5‑mile radius)
(919) 907-0760 Call to check price and availability
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