Leased Mixed-Use
For Sale
Contact for pricing
Pending
601 E Lenoir St, Raleigh, NC 27601
Downtown Raleigh asset with fully leased commercial spaces and a stated redevelopment concept.
Property SizeContact for details
Days on Market143
Property Features for 601 E Lenoir St
General Information
Standard status
Pending
Property subtype
Mixed Use, Retail
Occupancy
100%
Listing Agency:
L3 Commercial Development, LLC
Listed By:
Ed Denning · License #NC 307680
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 11:23AM
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 L3 Commercial Development, LLC
Investment Insights
Based on property information with market context.
Located at 601 E Lenoir St in downtown Raleigh, this mixed-use property includes existing commercial spaces that are fully leased. Each space has more than two years remaining on its lease term, providing established occupancy within the current improvements.
The property information also identifies a redevelopment concept featuring three stories of residential use above first-floor retail. This proposed configuration adds a mixed-use dimension to the existing commercial occupancy and should be evaluated alongside the current lease commitments.
The property information also identifies a redevelopment concept featuring three stories of residential use above first-floor retail. This proposed configuration adds a mixed-use dimension to the existing commercial occupancy and should be evaluated alongside the current lease commitments.
Key Highlights
- Fully leased existing commercial spaces
- More than 2 years remaining on each lease
- Downtown Raleigh location at 601 E Lenoir St
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,455
Businesses Nearby
Explore this area
Business Placement
Demographics for 27601, NC
9,965
Population
4,874
Households
2
Avg Household Size
32
Median Age
49%
College-Educated
88%
High-School Grad
1.8 sq mi
ZIP Area
5,536
Density / Sq Mi
$70,433
Median Household Income
$51,443
Median Earnings
$1,499
Median Rent
$572,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown Raleigh asset with fully leased commercial spaces and a stated redevelopment concept.
Where is this mixed-use property located?
The property is located at 601 E Lenoir St Raleigh, NC.
What are key features of this property?
This property features: Fully leased existing commercial spaces; More than 2 years remaining on each lease; Downtown Raleigh location at 601 E Lenoir St
