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    Strickland Rd. & Leesville Rd Raleigh, NC 27613

    For Lease
    Contact for pricing

    High-traffic Raleigh retail space available.

    Lot size:
    127,106 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional retail opportunity is located within the thriving Leesville Towne Centre in Raleigh, North Carolina, at the intersection of Strickland Road and Leesville Road. The property boasts a total of 127,106 square feet and features a single, large suite with 960 square feet currently available. The center enjoys a prime location offering convenient access to I-540, ensuring high visibility and accessibility for customers. The surrounding area is characterized by high household incomes and a well-educated population, creating a strong and stable customer base. The center is already home to a successful Harris Teeter supermarket, along with a diverse mix of medical offices, retail businesses, service providers, and restaurants, creating a synergistic and thriving retail environment. Ample parking is available with 679 spaces to accommodate customers and employees. This space presents a unique chance to establish or expand a business within a well-established and successful retail center in Wake County, North Carolina, zip code 27613. The property is classified as commercial retail with multiple tenancy. The available space is ideal for a variety of retail uses.

    Property Features for 0 Strickland Rd. & Leesville Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    127,106 SF

    Unit(s) available at that property

    Space
    Suite 00002
    Size
    960 SF

    HighLights

    • 960 SF retail space available in Leesville Towne Centre, Raleigh, NC.
    • Located at Strickland Rd & Leesville Rd, with convenient I‑540 access.
    • High‑traffic location in a center anchored by Harris Teeter, featuring diverse retail & medical tenants.
    • Ample parking (679 spaces) and strong demographics (high income, educated population).
    • Part of a 127,106 SF center in Wake County, NC (zip code 27613).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7283585
    Latitude
    35.908052

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    FAQs

    What type of property is this?
    Retail property - High-traffic Raleigh retail space available.
    Where is this retail property located?
    The property is located at Strickland Rd. & Leesville Rd Raleigh, NC.
    What are key features of this property?
    This property features: 960 SF retail space available in Leesville Towne Centre, Raleigh, NC.; Located at Strickland Rd & Leesville Rd, with convenient I-540 access.; High-traffic location in a center anchored by Harris Teeter, featuring diverse retail & medical tenants.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Strickland Rd. & Leesville Rd Raleigh, NC 27613
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