Renovated Retail
For Lease
Contact for pricing
3801 Western Boulevard, Raleigh, NC 27606
Renovated 1955 retail building with large windows, vintage flooring, and dedicated front parking for convenient customer access.
Space SizeContact for details
Days on Market49
Property Features for 3801 Western Boulevard
General Information
Standard status
Active
Total Parking Spaces
23
Property subtype
Retail
Site & Location
Traffic Count
38,100 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1955
Year Renovated
2020
Listing Agency:
Maverick Partners
(919) 475-9907
Listed By:
Bruce Alexander · License #NC #253943
(919) 475-9907
Source:
Maverickpartners
Added: Jun 25
Changed: Jul 10
Last Checked: Aug 11 at 6:12AM
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 Maverick Partners
Investment Insights
Based on property information with market context.
This renovated retail storefront is housed in a building originally constructed in 1955 and fully renovated in 2020, including new HVAC and new electrical systems. The space features exposed brick, vintage flooring, and large windows, creating a distinct storefront presentation that supports retail services and street-facing foot traffic. Dedicated parking is available directly in front of and adjacent to the building, with 23 spaces provided.
The property is positioned just steps from the entrance to North Carolina State University, within an area surrounded by apartment complexes and single-family homes. Easy access to and from Interstate 440 serves the site, and the location benefits from approximately 38.1K vehicles passing per day.
The asking terms are $27.25/SF NNN, with the tenant responsible for taxes, insurance, common area maintenance, and utilities. TICAM is estimated at $2.75/SF, supporting straightforward budgeting for day-to-day operating costs. The combination of a recently updated building, prominent storefront features, and front/adjacent parking can be a practical fit for retail users seeking a customer-friendly setup near university traffic.
The property is positioned just steps from the entrance to North Carolina State University, within an area surrounded by apartment complexes and single-family homes. Easy access to and from Interstate 440 serves the site, and the location benefits from approximately 38.1K vehicles passing per day.
The asking terms are $27.25/SF NNN, with the tenant responsible for taxes, insurance, common area maintenance, and utilities. TICAM is estimated at $2.75/SF, supporting straightforward budgeting for day-to-day operating costs. The combination of a recently updated building, prominent storefront features, and front/adjacent parking can be a practical fit for retail users seeking a customer-friendly setup near university traffic.
Key Highlights
- Retail building built in 1955 and completely renovated in 2020 with new HVAC and new electrical systems
- Large windows, exposed brick, and vintage flooring in a renovated 1955 retail space
- Just steps from the entrance to NC State University (+35,000 students)
Property Analytics
Property Profile
Current Use
Lease Details
38,100 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
475
Businesses Nearby
Explore this area
Business Placement
Demographics for 27606, NC
48,343
Population
22,199
Households
2.2
Avg Household Size
29
Median Age
59%
College-Educated
93%
High-School Grad
24.5 sq mi
ZIP Area
1,973
Density / Sq Mi
$75,640
Median Household Income
$40,950
Median Earnings
$1,369
Median Rent
$423,900
Median Home Value
Market
Lease Benchmarks for Raleigh, NC
$31.86 /SF/Yr
Avg Asking Price
$28–$37 /SF/Yr
Price Range
27,075 SF
Avg Space Size
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Renovated 1955 retail building with large windows, vintage flooring, and dedicated front parking for convenient customer access.
Where is this retail space located?
The property is located at 3801 Western Boulevard Raleigh, NC.
What are key features of this property?
This property features: Retail building built in 1955 and completely renovated in 2020 with new HVAC and new electrical systems; Large windows, exposed brick, and vintage flooring in a renovated 1955 retail space; Just steps from the entrance to NC State University (+35,000 students)
