Retail Shopping Center
For Sale
Contact for pricing
5006 New Bern Ave, Raleigh, NC 27610
Retail shopping center offering advertised strong visibility and access, with annual rent increases.
Property Size20,130 SF
Price / SF$159.51
Days on Market61
Property Features for 5006 New Bern Ave
General Information
Standard status
Active
Size
20,130 SF
Total Parking Spaces
13
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$245,663
Building Details
Year Built
1965
Year Renovated
2022
Buildings
2
Units
2
Tenancy
Multi
Listing Agency:
Berkeley Capital Advisors Charlotte
Listed By:
Al Dickens · License #NC 317771
Source:
Crexi
Added: Jul 7
Changed: Aug 25
Last Checked: Sep 1 at 11:27AM
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 Berkeley Capital Advisors Charlotte
Investment Insights
Based on property information with market context.
This retail shopping center is available for sale and includes advertised strong visibility and access. The offering also notes annual rent increases as part of the current financial outlook.
The property is located at 5006 New Bern Ave in Raleigh, NC 27610.
The property is located at 5006 New Bern Ave in Raleigh, NC 27610.
Key Highlights
- Retail shopping center built in 1965
- Advertised strong visibility and access
- Annual rent increases
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
463
Businesses Nearby
Balanced
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
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Similar Off Market Nearby
- Coinstar Kiosk | Bitcoin ATM — Food Lion, 1030 N Rogers Ln, Raleigh, NC 27610
- Wilders Grove Shopping Center — 4121 New Bern Ave Suite 127, Raleigh, NC 27604
- Quick-Tag — Walmart Supercenter, 4431 New Bern Ave, Raleigh, NC 27610
Frequently Asked Questions
What type of property is this?
Shopping center - Retail shopping center offering advertised strong visibility and access, with annual rent increases.
Where is this shopping center located?
The property is located at 5006 New Bern Ave Raleigh, NC.
What is the asking price?
The asking price for this property is $3,211,000.
What are key features of this property?
This property features: Retail shopping center built in 1965; Advertised strong visibility and access; Annual rent increases
