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    5959 Triangle Town Blvd Raleigh, NC 27616

    Sponsored
    For Lease
    Contact for pricing

    Upscale retail space, multiple units available.

    Lot size:
    478,740 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Triangle Town Center offers exceptional retail opportunities in Wake County. This premier shopping destination boasts a total of 478,740 square feet, with 44,153 square feet currently vacant and divisible into units ranging from 4,885 to 15,000 contiguous square feet. The property sits on a substantial 53.15-acre lot and provides ample parking with 6,989 spaces. The center features a diverse mix of anchor stores and specialty retailers, creating a vibrant and attractive environment for businesses. Beyond shopping, Triangle Town Center offers a wide array of dining options catering to diverse tastes, along with entertainment facilities appealing to all ages. The center actively engages the community through regularly scheduled events, fostering a strong sense of place and attracting a large and consistent customer base. This is a unique chance to establish a presence in a thriving, upscale retail environment with significant foot traffic and a proven track record of success. The property's size and amenities make it ideal for a variety of retail concepts, from flagship stores to smaller boutiques. The extensive parking ensures convenient access for customers. This is an unparalleled opportunity to become part of a dynamic and successful retail center.

    Property Features for 5959 Triangle Town Blvd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    478,740 SF

    Unit(s) available at that property

    Space
    OBA-1
    Size
    9,756 SF
    Space
    OBC-4
    Size
    15,000 SF
    Space
    OBF-3
    Size
    9,101 SF
    Space
    Suit EU 2145
    Size
    4,885 SF
    Space
    OBB 1
    Size
    5,411 SF

    HighLights

    • Retail property totaling 478,740 square feet.
    • Multiple inline spaces available, ranging from 4,885 to 15,000 contiguous square feet.
    • 44,153 square feet of vacant space currently available.
    • Located in Wake County, on a 53.15‑acre lot with 6,989 parking spaces.
    • Strong retail mix with diverse anchor stores and specialty retailers, plus dining and entertainment options.
    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?
    Individual retail property - Upscale retail space, multiple units available.
    Where is this individual retail property located?
    The property is located at 5959 Triangle Town Blvd Raleigh, NC.
    What are key features of this property?
    This property features: Retail property totaling 478,740 square feet.; Multiple inline spaces available, ranging from 4,885 to 15,000 contiguous square feet.; 44,153 square feet of vacant space currently available.
    Request Owner's contact information
    5959 Triangle Town Blvd 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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