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Ground-Floor Retail Space

601 West South Street, Raleigh, NC 27603

For Lease
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Retail space within a 269-unit mixed-use community along a walkable corridor.

Space Size548 SF - 2,450 SF
Days on Market55

Property Features for 601 West South Street

General Information

Standard status Active
Size 548 SF - 2,450 SF
Property subtype Retail

Site & Location

Neighborhood A8942f49-171b-4c8e-Ad6b-D2ccca0b730e

Additional Details

Space Use Retail

Spaces For Lease

at 601 West South Street Contact us

Suite 4 Available

Size 2,450 SF
RESTAURANT SHELL *Can be combined with suite 3
Contact us

Suite 3 Available

Size 1,136 SF
RESTAURANT SHELL *Can be combined with suite 4
Contact us

Suite 1 Available

Size 548 SF
Vanilla Box
Contact us

Suite 2 Available

Size 1,303 SF
Vanilla Box
Contact us
Listing Agency: CBRE | Raleigh
Listed By: Tiffany Barrier
Source: Cbre
Added: Sep 16 Changed: Nov 2 Last Checked: Nov 8 at 2:32AM

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 CBRE | Raleigh

Rey
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Investment Insights

Based on property information with market context.

This ground-floor retail space is located within a 269-unit mixed-use community, placing it in a residential and commercial setting. The property fronts a walkable corridor with a modern neighborhood character.

Within 1 mile, the daytime population is nearly 47,000, and the area is projected to experience 6% annual population growth through 2030. The property is located at 601 West South Street in Raleigh, North Carolina, 27603.

Key Highlights

  • Ground‑floor retail space within a 269‑unit mixed‑use community
  • Nearly 47,000 daytime population within 1 mile
  • 1‑mile area projected to see 6% annual population increase through 2030

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Butcher Pet Grooming Service Bed & Breakfast Nursing Home

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

2,992
Businesses Nearby

Demographics for 27603, NC

54,616
Population
24,030
Households
2.3
Avg Household Size
34
Median Age
48%
College-Educated
94%
High-School Grad
51.4 sq mi
ZIP Area
1,063
Density / Sq Mi
$87,939
Median Household Income
$51,856
Median Earnings
$1,496
Median Rent
$347,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Raleigh, NC

$30 /SF/Yr
Avg Asking Price
$22–$35 /SF/Yr
Price Range
14,109 SF
Avg Space Size

Average Price Trend$/SF/Yr for Retail space in Raleigh, NC

$31.86 Jul
$36.15 Aug
$36.52 Sep
$30 Oct

Properties on Market for Retail space in Raleigh

Jul
Aug
Sep
Oct

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 space within a 269-unit mixed-use community along a walkable corridor.
Where is this retail space located?
The property is located at 601 West South Street Raleigh, NC.
What are key features of this property?
This property features: Ground‑floor retail space within a 269‑unit mixed‑use community; Nearly 47,000 daytime population within 1 mile; 1‑mile area projected to see 6% annual population increase through 2030
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