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Retail Space with Workroom
For Lease
$1,800/Mo

516 W Raleigh St, Siler City, NC 27344

Retail suite with a dedicated rear workroom and storage area near Compare Foods in Park Center.

Space SizeContact for details
Days on Market56

Property Features for 516 W Raleigh St

General Information

Standard status Active

Additional Details

Space Use Retail
Listing Agency: ADCOCK REAL ESTATE SERVICES
Listed By: STEVEN M MALLOY · License #180496
Source: Tcrnc
Added: Sep 5 Changed: Oct 25 Last Checked: Oct 28 at 1:16PM

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 ADCOCK REAL ESTATE SERVICES

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Investment Insights

Based on property information with market context.

This retail space at 516 W Raleigh St includes a rear workroom and storage area, providing functional support space alongside the customer-facing area. The property is located in Park Center near Compare Foods in Siler City, North Carolina.

Key Highlights

  • Retail space with rear workroom and storage
  • Located in Park Center near Compare Foods
  • Address: 516 W Raleigh St, Siler City, NC 27344

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Electrical Service Storage Facility Furniture & Home Goods Big Box & Wholesale Store HVAC Service

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
$1.47 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

407
Businesses Nearby
39k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 51% Groceries 35% Home Improvements & Furnishings 14%
Piggly Wiggly Groceries
13,675 visits/mo 0.1 miles
Maxway Shops & Services
5,056 visits/mo 0.0 miles
Truist Shops & Services
4,165 visits/mo 0.5 miles
Gulf Oil Shops & Services
3,918 visits/mo 0.1 miles
Wells Fargo Shops & Services
3,708 visits/mo 0.5 miles

Demographics for 27344, NC

17,834
Population
8,086
Households
2.2
Avg Household Size
40
Median Age
22%
College-Educated
76%
High-School Grad
166.3 sq mi
ZIP Area
107
Density / Sq Mi
$62,493
Median Household Income
$32,823
Median Earnings
$1,072
Median Rent
$176,800
Median Home Value
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Market

Lease Benchmarks for Siler City, NC

$86.51 /SF/Yr
Avg Asking Price
$9.82–$163 /SF/Yr
Price Range
1,475 SF
Avg Space Size

This space is priced 89% below the average of $86.51 /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

Frequently Asked Questions

What type of property is this?
Retail space - Retail suite with a dedicated rear workroom and storage area near Compare Foods in Park Center.
Where is this retail space located?
The property is located at 516 W Raleigh St Siler City, NC.
What is the lease rate?
The lease rate is $1,800/Mo.
What are key features of this property?
This property features: Retail space with rear workroom and storage; Located in Park Center near Compare Foods; Address: 516 W Raleigh St, Siler City, NC 27344
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