Listing Agency: CBRE | Raleigh

Listed By: Charlie Coyne Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 23 Last Checked: Sep 4 at 2:23AM

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Investment Insights

Based on property information with market context.

This neighborhood shopping center, anchored by a 33,000 square foot Food Lion, is situated along New Bern Avenue. This location serves as the primary corridor into Downtown Raleigh from the expanding Eastern Wake County area. The property offers retail spaces within a shopping center, suitable for various retail and commercial uses. The property size is 13,190 square feet.

Key Highlights

• Anchored by a 33,000 SF Food Lion.
• Located along New Bern Avenue.
• Positioned on the primary corridor into Downtown Raleigh.

Property Analytics

Property Profile

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Parking Lot & Garage HVAC Service Storage Facility

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

667

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 27610, NC

75,164

Population

29,245

Households

2.6

Avg Household Size

34

Median Age

28%

College-Educated

86%

High-School Grad

45.2 sq mi

ZIP Area

1,663

Density / Sq Mi

$66,245

Median Household Income

$37,582

Median Earnings

$1,319

Median Rent

$260,300

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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this shopping centers located? What is the lease rate? Find similar properties What are key features of this property?

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Similar Off Market Nearby

• Tower Shopping Center — 3685 New Bern Ave, Raleigh, NC 27610
• Coinstar Kiosk - Bitcoin ATM — Food Lion, 3685 New Bern Ave, Raleigh, NC 27610
• Wilders Grove Shopping Center — 4121 New Bern Ave Suite 127, Raleigh, NC 27604

Frequently Asked Questions

What type of property is this?

Shopping center - Neighborhood shopping center anchored by Food Lion on New Bern.

Where is this shopping center located?

The property is located at 3615 New Bern Avenue Raleigh, NC.

What are key features of this property?

This property features: Anchored by a 33,000 SF Food Lion.; Located along New Bern Avenue.; Positioned on the primary corridor into Downtown Raleigh.