Listing Agency: CBRE | Raleigh c***@cbre.com Show Phone

Listed By: Cori Nix Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 20 at 1:13PM

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Investment Insights

Based on property information with market context.

Alexander Place offers retail space with visibility from U.S. Highway 70 and access to I-540. The property is positioned to serve the communities of Northwest Raleigh. Its location provides proximity to Raleigh-Durham International Airport, Brier Creek Country Club, and Research Triangle Park.

Key Highlights

• Excellent visibility from U.S. Highway 70
• Easy access to I‑540
• Serves affluent communities of Northwest Raleigh

Property Analytics

Current Use

Strip malls

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

184

Businesses Nearby

Explore this area Business Placement

Demographics for 27617, NC

20,968

Population

10,522

Households

2

Avg Household Size

36

Median Age

63%

College-Educated

98%

High-School Grad

8.3 sq mi

ZIP Area

2,526

Density / Sq Mi

$109,991

Median Household Income

$69,203

Median Earnings

$1,679

Median Rent

$448,300

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this strip malls located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Strip mall - Retail property with high visibility and easy highway access.

Where is this strip mall located?

The property is located at 7850 Alexander Promenade PI Raleigh, NC.

What are key features of this property?

This property features: Excellent visibility from U.S. Highway 70; Easy access to I‑540; Serves affluent communities of Northwest Raleigh