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    5959 Triangle Town Blvd Raleigh, NC 27616

    Sponsored
    For Lease
    $20 SF/Yr

    Raleigh Mall Retail, Restaurant Space Available

    Lot size:
    15,076 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located within the vibrant Triangle Town Center mall in Raleigh, North Carolina. Two spaces are currently available, offering flexible layouts ideal for a variety of businesses. One space encompasses 6,006 square feet, while the other provides a larger footprint of 9,070 square feet. Both spaces are situated in the lifestyle section of the mall, offering high visibility and foot traffic. The previous tenant was a restaurant, providing a ready-made space with existing infrastructure. The property's address is 5959 Triangle Town Blvd, Raleigh, NC 27616. This prime location benefits from excellent access and ample parking, ensuring convenient access for customers and employees. The property is classified as commercial retail space, suitable for a diverse range of retail or restaurant concepts. The multiple tenancy structure allows for flexibility and potential for expansion. This presents a unique chance to establish a presence in a thriving retail environment within a well-established and popular shopping destination. The property's location in Raleigh, North Carolina, offers access to a large and diverse consumer base. Serious inquiries are encouraged to explore this exciting opportunity further. Detailed floor plans and lease terms are available upon request.

    Property Features for 5959 Triangle Town Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,076 SF

    Unit(s) available at that property

    Space
    Restaurant
    Size
    9,070 SF
    Rate per SF
    $30
    Space
    Retail Former Men's Wearhouse
    Size
    6,006 SF
    Rate per SF
    $25

    HighLights

    • 2,658 SF former restaurant space available for lease.
    • Located in a Lifestyle Center adjacent to Triangle Town Center Mall in North Raleigh, NC.
    • Contact 919‑880‑6715 for leasing information.
    • Additional restaurant spaces available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Express Factory Outlet Men'S Clothing Store Hollister Co. Clothing Store LOFT Women'S Clothing Store Spencers T-Shirt Store Auto Insurance Quotes Commercial Agent

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.5756665
    Latitude
    35.8670121

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    FAQs

    What type of property is this?
    Restaurant - Raleigh Mall Retail, Restaurant Space Available
    Where is this restaurant located?
    The property is located at 5959 Triangle Town Blvd Raleigh, NC.
    What is the lease rate?
    The lease rate is $25-$30 SF/Yr.
    What are key features of this property?
    This property features: 2,658 SF former restaurant space available for lease.; Located in a Lifestyle Center adjacent to Triangle Town Center Mall in North Raleigh, NC.; Contact 919-880-6715 for leasing information.
    Request Owner's contact information
    5959 Triangle Town Blvd Raleigh, NC 27616
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    Raleigh, NC 27616
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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
    5959 Triangle Town Blvd Raleigh, NC 27616
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