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

Listed By: Cori Nix Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 14 Last Checked: Aug 23 at 11:16AM

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Investment Insights

Based on property information with market context.

This commercial property, positioned just off Capital Blvd with easy access to I-540, is adjacent to Triangle Town Center. It is a regional power center serving Northeast Raleigh and Wake Forest. The property encompasses 1,243 square feet and is suitable for retail and shopping center businesses.

Key Highlights

• Easy access to I‑540.
• Adjacent to Triangle Town Center.
• Positioned just off Capital Blvd.

Property Analytics

Current Use

Shopping centers

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

94

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 27616, NC

56,941

Population

24,282

Households

2.3

Avg Household Size

34

Median Age

43%

College-Educated

91%

High-School Grad

22.5 sq mi

ZIP Area

2,531

Density / Sq Mi

$81,534

Median Household Income

$41,601

Median Earnings

$1,514

Median Rent

$314,800

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Shopping center - Regional power center serving Northeast Raleigh and Wake Forest.

Where is this shopping center located?

The property is located at Old Wake Forest Rd & Triangle Town Blvd Raleigh NC 27616 USA Raleigh, NC.

What are key features of this property?

This property features: Easy access to I‑540.; Adjacent to Triangle Town Center.; Positioned just off Capital Blvd.