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For Lease
$35 SF/Yr

1408 S Saunders St, Raleigh, NC 27603

Retail space

Space Size2,400 SF
Days on Market1

Property Features for 1408 S Saunders St

General Information

Standard status Active
Size 2,400 SF
Property subtype Retail
Zoning NX-3
Lease Term $35 SF/yr (NNN + $5.00/SF TICAM)

Spaces For Lease

at 1408 S Saunders St
Entire Building $35/SF/Yr
Size 2,400 SF
Type Freestanding Building
Term Negotiable
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Listed By: Paxton Massarelli
Source: Triprop
Added: Oct 19 Last Checked: Oct 19 at 3:08AM

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 Paxton Massarelli

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Property Analytics

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Current Use

Riparian Provision Company Bar & Pub

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop Computer & Electronic Repair Electrical Service Accounting Firm Home Appliance 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
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

426
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Raleigh, NC

$33.77 /SF/Yr
Avg Asking Price
$22–$57.6 /SF/Yr
Price Range
17,290 SF
Avg Space Size

This space is priced 4% above the average of $33.77 /SF/Yr.

Vacancy Rate% for Retail in South region

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

Frequently Asked Questions

Where is this retail space located?
The property is located at 1408 S Saunders St Raleigh, NC.
What is the lease rate?
The lease rate is $35 SF/Yr.
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