Two-Storefront Retail
For Lease
$2,310/Mo
1512 S Saunders Street, Raleigh, NC 27603
Two retail spaces include an upstairs loft and an office with its own entrance.
Space SizeContact for details
Property Size924 SF
Days on Market150
Property Features for 1512 S Saunders Street
General Information
Standard status
Active
Size
924 SF
Zoning
NX-3
Site & Location
Neighborhood
Caraleigh
Highway Access
Yes
Additional Details
Space Use
Retail
Taxes and HOA fees
Annual Taxes
$4,859
Amenities
Wrap-around driveway / parking
Upstairs loft Office with separate entrance
Building Details
Building Size
924 SF
Year Built
1951
Stories
1
Listing Agency:
Century 21 Triangle Group
(919) 720-4217
Listed By:
Elmer Herrera Gonzalez · License #337340
(919) 523-2458
Source:
Breezerealtynetwork
Added: Jun 4
Changed: Oct 30
Last Checked: Oct 29 at 6:33PM
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 Century 21 Triangle Group
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Investment Insights
Based on property information with market context.
This 924-square-foot retail property contains two storefront spaces, an upstairs loft, and an office accessed through a separate entrance. The building dates to 1951 and has NX-3 zoning, with a wraparound driveway and parking serving the site.
The property is on South Saunders Street (U.S. 401) in Raleigh, just south of downtown. I-40 and I-440 are accessible from the corridor, and the site is adjacent to the Downtown South mixed-use development. Dorothea Dix Park and residential development along South Saunders Street are also nearby.
The property is on South Saunders Street (U.S. 401) in Raleigh, just south of downtown. I-40 and I-440 are accessible from the corridor, and the site is adjacent to the Downtown South mixed-use development. Dorothea Dix Park and residential development along South Saunders Street are also nearby.
Key Highlights
- Two retail storefronts within 924 square feet
- Upstairs loft and office with separate entrance
- Wraparound driveway and parking
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
410
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Raleigh, NC
$29.5 /SF/Yr
Avg Asking Price
$22–$35 /SF/Yr
Price Range
28,995 SF
Avg Space Size
This space is priced 2% above the average of $29.5 /SF/Yr.
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Sam's Club Floral — 2537 S Saunders St, Raleigh, NC 27603
Frequently Asked Questions
What type of property is this?
Storefront property - Two retail spaces include an upstairs loft and an office with its own entrance.
Where is this storefront property located?
The property is located at 1512 S Saunders Street Raleigh, NC.
What is the lease rate?
The lease rate is $2,310/Mo.
What are key features of this property?
This property features: Two retail storefronts within 924 square feet; Upstairs loft and office with separate entrance; Wraparound driveway and parking
