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Freestanding Retail Space
New
For Lease
$24 SF/Yr

3745 Banks Road, Raleigh, NC 27603

Flexible retail suites with GC-CZD zoning and an on-site parking ratio of 4 spaces per 1,000 SF.

Space Size7,200 SF
Days on Market2

Property Features for 3745 Banks Road

General Information

Standard status Active
Size 7,200 SF
Net Rentable 2,400 SF
Property subtype Retail
Zoning GC-CZD
Lease Term $24 SF/yr (NNN)

Space & Availability

Available Space 2,400-12,000 SF
Contiguous Space 12,000 SF
Divisible Yes

Site & Location

Highway Access Yes
Road Access Yes

Spaces For Lease

at 3745 Banks Road Contact us

3745 Banks Road $24/SF/Yr

Size
7,200 SF
Term
Negotiable
Contact us
Listed By: Hunt Wyche
Source: Triprop
Added: Sep 4 Last Checked: Sep 4 at 2:33PM

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 Hunt Wyche

Investment Insights

Based on property information with market context.

This retail property includes freestanding buildings with suite options ranging from 2,400 RSF to 7,200 RSF in the south building. The available configuration can accommodate a larger single-user layout or multiple smaller retail bays, subject to the stated building options. The property is zoned GC-CZD, or General Commercial Conditional Zoning District, supporting its commercial retail classification.

Located at 3745 Banks Road in Raleigh, the property is positioned off US-401 and Fayetteville Road. On-site parking is provided at a ratio of 4 spaces per 1,000 SF, offering a defined parking standard for prospective occupants.

Key Highlights

  • South building offers 2,400 RSF to 7,200 RSF of space
  • Freestanding retail buildings with flexible bay configurations
  • GC‑CZD zoning: General Commercial Conditional Zoning District

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Nail Salon 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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

107
Businesses Nearby
58k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 57% Dining 43%
Sheetz Shops & Services
32,910 visits/mo 0.1 miles
Bojangles' Famous Chicken 'n Biscuits Dining
24,766 visits/mo 0.1 miles

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

Market

Lease Benchmarks for Raleigh, NC

$36.15 /SF/Yr
Avg Asking Price
$28–$57.6 /SF/Yr
Price Range
23,712 SF
Avg Space Size

This space is priced 34% below the average of $36.15 /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 - Flexible retail suites with GC-CZD zoning and an on-site parking ratio of 4 spaces per 1,000 SF.
Where is this retail space located?
The property is located at 3745 Banks Road Raleigh, NC.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: South building offers 2,400 RSF to 7,200 RSF of space; Freestanding retail buildings with flexible bay configurations; GC‑CZD zoning: General Commercial Conditional Zoning District
More about this property
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