Listing Agency: CBRE | Raleigh c***@cbre-raleigh.com Show Phone

Listed By: Charlie Coyne Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 21 Last Checked: Aug 21 at 10:05AM

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Investment Insights

Based on property information with market context.

This retail property is ideally positioned just north of the interchange of I-440 and US-1, also known as Capital Boulevard. The location provides convenient access to high-volume Capital Boulevard traffic.

Key Highlights

• Easy access to high‑volume Capital Blvd traffic.
• Positioned just north of the I‑440 and US‑1 interchange.

Property Analytics

Property Profile

Current Use

Web-Don Inc Hardware & Home Improvement Great Escape Millwork, ... Industrial Manufacturer Ihrie Supply Plumbing Service FedEx Drop Box Postal Service IGT (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Pharmacy Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store 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

Location Intelligence

Trade Area within ½ mile

844

Businesses Nearby

Explore this area Business Placement

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

Lease Benchmarks for Raleigh, NC

$31.33 /SF/Yr

Avg Asking Price

$28–$37 /SF/Yr

Price Range

24,605 SF

Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail properties & spaces located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail property - Retail property with high-traffic access near I-440 and US-1.

Where is this retail property located?

The property is located at 2728 Capital Boulevard Raleigh, NC.

What are key features of this property?

This property features: Easy access to high‑volume Capital Blvd traffic.; Positioned just north of the I‑440 and US‑1 interchange.