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Inline Retail Space with Anchor Position
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4020 Capital Blvd, Raleigh, NC 27604

Established shopping center placement with substantial building improvements completed in 2020.

Property Size62,878 SF
Days on Market142

Property Features for 4020 Capital Blvd

General Information

Standard status Active
Size 62,878 SF
Property subtype Retail

Building Details

Year Renovated 2020
Tenancy Single
Listing Agency: Marcus & Millichap - Fort Lauderdale
Listed By: Lori Schneider · License #NC LC152
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 11:09PM

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 Marcus & Millichap - Fort Lauderdale

Investment Insights

Based on property information with market context.

This 62,878-square-foot retail property occupies an inline anchor position within Ashton Square, a 170,805-square-foot shopping center. The building benefits from major capital work completed in 2020, including installation of a new roof and HVAC system.

The property is located at 4020 Capital Blvd in Raleigh, North Carolina. The existing tenant has 7 years remaining on the current term, along with four 5-year renewal options, providing a defined lease structure for the asset.

Key Highlights

  • 62,878‑square‑foot inline anchor within Ashton Square
  • Ashton Square totals 170,805 square feet
  • Tenant has 7 years of remaining term

Property Analytics

Current Use

Importadora Vehicular LLC Customs Broker Raleigh International Church Church Heidi Green Physician Wingate Raliegh Hotel & Motel Stars and Strikes Family ... Bowling Alley

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Big Box & Wholesale Store Gym & Fitness Center

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

601
Businesses Nearby

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

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Established shopping center placement with substantial building improvements completed in 2020.
Where is this retail space located?
The property is located at 4020 Capital Blvd Raleigh, NC.
What are key features of this property?
This property features: 62,878‑square‑foot inline anchor within Ashton Square; Ashton Square totals 170,805 square feet; Tenant has 7 years of remaining term
(954) 849-7522 Call to check price and availability
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