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Prime Retail Location in Raleigh
For Lease
$37 SF/Yr

2310 - 2340 Bale St, Raleigh, NC 27608

Rare inside-the-beltline retail opportunity near Five Points in Raleigh.

Property Size31,058 SF
Days on Market184

Property Features for 2310 - 2340 Bale St

General Information

Standard status Active
Size 31,058 SF
Property subtype Retail

Building Details

Year Built 2017
Listing Agency: Trinity Partners
Listed By: Garrett Lewis · License #175989
Source: Trinity-partners
Added: Jan 27 Changed: Jul 10 Last Checked: Jul 30 at 4:31AM

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 Trinity Partners

Investment Insights

Based on property information with market context.

This retail space is located inside the beltline in Raleigh, near Five Points. The existing layout includes one office, one restroom, and an open area, making it suitable for a variety of retail uses. The property is situated at a signalized intersection off Wake Forest Road, providing convenient access to Six Forks Road, US-401, and I-440. It is also located within minutes of Midtown East, Raleigh Iron Works, North Hills, and Downtown Raleigh. The property size is 31058 square feet.

Key Highlights

  • Prime retail location inside the beltline near Five Points.
  • High‑traffic location at a signalized intersection off Wake Forest Road.
  • Close access to Six Forks Road, US‑401, and I‑440.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Kitchen & Bath Showroom Barber Shop Grocery & Convenience Store (Bike/Boat/Book/etc) 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
$5.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

960
Businesses Nearby

Demographics for 27608, NC

12,018
Population
5,589
Households
2.2
Avg Household Size
40
Median Age
82%
College-Educated
98%
High-School Grad
3.5 sq mi
ZIP Area
3,434
Density / Sq Mi
$155,433
Median Household Income
$89,190
Median Earnings
$1,487
Median Rent
$911,000
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

This space is priced 16% above the average of $31.86 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Rare inside-the-beltline retail opportunity near Five Points in Raleigh.
Where is this retail space located?
The property is located at 2310 - 2340 Bale St Raleigh, NC.
What is the lease rate?
The lease rate is $37 SF/Yr.
What are key features of this property?
This property features: Prime retail location inside the beltline near Five Points.; High‑traffic location at a signalized intersection off Wake Forest Road.; Close access to Six Forks Road, US‑401, and I‑440.
More about this property
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