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    4700 Capital Blvd Raleigh, NC 27604

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    For Lease
    Contact for pricing

    High-traffic location, 82,293 SF, spaces available

    Lot size:
    82,293 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Mini City Marketplace Two, located at 4700 Capital Boulevard in Raleigh, NC, presents a compelling retail investment opportunity. This 82,293 square foot shopping center, built in 1979, boasts a prime location at the intersection of Capital Boulevard and New Hope Drive in Wake County. The property benefits from exceptional visibility to the high volume of traffic on Capital Boulevard, with an estimated 46,000 vehicles passing daily. Convenient access is provided by entrances on both Capital Boulevard and New Hope Drive. Currently, there are three available retail spaces ranging from 1,997 to 4,455 square feet. The center is anchored by a Family Dollar and Oak Street Health, providing strong existing tenancy and drawing significant customer traffic. Ample parking is available with 408 spaces to accommodate shoppers and employees. With 26,377 square feet currently vacant, this property offers a unique chance to capitalize on a well-established location and attract new tenants to a thriving retail environment. The property's strategic location and existing infrastructure make it an ideal investment for those seeking a strong return in the Raleigh market. The zip code is 27604.

    Property Features for 4700 Capital Blvd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    82,293 SF

    Building Details

    Year Built
    1979

    Unit(s) available at that property

    Space
    Suite 5135
    Size
    2,646 SF
    Space
    Suite 4660
    Size
    1,997 SF
    Space
    Suite 4670
    Size
    4,455 SF

    HighLights

    • 82,293 SF retail center anchored by Oak Street Health and Family Dollar.
    • Key tenants include Family Dollar, Labor Finders, Little Caesars Pizza, Boost Mobile, and Super Mattress Shop.
    • Located at 4700 Capital Boulevard, Raleigh, NC (27604), at the intersection of Capital Boulevard and New Hope Drive.
    • Features 408 parking spaces (4.96/1,000 SF ratio) and excellent visibility to high traffic counts (approx. 39,500 VPD on Capital Blvd and 24,000 VPD on E Millbrook Rd).
    • Built in 1979, with 26,377 SF of available retail space ranging from 1,997 SF to 4,455 SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Best Remodeling Home ... Appliance Store Mini city Parking Lot Warehouse Sale Pop-Up ... Shoe Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.5789488
    Latitude
    35.8482428

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic location, 82,293 SF, spaces available
    Where is this lifestyle center located?
    The property is located at 4700 Capital Blvd Raleigh, NC.
    What are key features of this property?
    This property features: 82,293 SF retail center anchored by Oak Street Health and Family Dollar.; Key tenants include Family Dollar, Labor Finders, Little Caesars Pizza, Boost Mobile, and Super Mattress Shop.; Located at 4700 Capital Boulevard, Raleigh, NC (27604), at the intersection of Capital Boulevard and New Hope Drive.
    Request Owner's contact information
    4700 Capital Blvd Raleigh, NC 27604
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    Raleigh, NC 27604
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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
    4700 Capital Blvd Raleigh, NC 27604
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