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Retail/Restaurant Space For Lease
For Lease
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5003 Falls of Neuse Road & 1200 E Millbrook Road, Raleigh, NC 27609

Retail or restaurant space available for lease.

Space Size646 SF - 3,106 SF
Property Size82,463 SF
Days on Market163

Property Features for 5003 Falls of Neuse Road & 1200 E Millbrook Road

General Information

Standard status Active
Size 646 SF - 3,106 SF
Property subtype Retail

Building Details

Building Size 82,463 SF
Year Built 1969

Spaces For Lease

at 5003 Falls of Neuse Road & 1200 E Millbrook Road Contact us

Phase I Suite 15

Size
2,133 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Phase II 100

Size
3,106 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Phase II 114

Size
2,358 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Phase II 200

Size
1,098 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Phase II 206

Size
748 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Phase II 210

Size
935 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Phase II 211

Size
1,339 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Phase II 212

Size
646 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Phase II 214

Size
900 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Lee & Associates - Raleigh Durham
Listed By: Chip Lanier
Source: Lee-associates
Added: Mar 26 Changed: Sep 3 Last Checked: Sep 2 at 3:45PM

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 Lee & Associates - Raleigh Durham

Investment Insights

Based on property information with market context.

This property, suitable for retail or restaurant use, is available for lease.

Key Highlights

  • For Lease

Property Analytics

Current Use

Retail properties & Spaces

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Big Box & Wholesale Store HVAC Service Restaurant

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

756
Businesses Nearby

Demographics for 27609, NC

36,218
Population
19,740
Households
1.8
Avg Household Size
38
Median Age
61%
College-Educated
93%
High-School Grad
10.9 sq mi
ZIP Area
3,323
Density / Sq Mi
$81,538
Median Household Income
$53,670
Median Earnings
$1,393
Median Rent
$441,100
Median Home Value

Market

Lease Benchmarks for Raleigh, NC

$34.61 /SF/Yr
Avg Asking Price
$28–$57.6 /SF/Yr
Price Range
26,780 SF
Avg Space Size

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

Frequently Asked Questions

What type of property is this?
Retail property - Retail or restaurant space available for lease.
Where is this retail property located?
The property is located at 5003 Falls of Neuse Road & 1200 E Millbrook Road Raleigh, NC.
What are key features of this property?
This property features: For Lease
More about this property
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