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Mixed-Use Development Retail Space
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Glenwood Ave & Hillsborough St Raleigh NC 27603 USA, Raleigh, NC 27603

Retail space available in premier mixed-use development.

Property Size18,300 SF
Days on Market250

Property Features for Glenwood Ave & Hillsborough St Raleigh NC 27603 USA

General Information

Standard status Active
Size 18,300 SF
Property subtype Retail
Listing Agency: CBRE | Raleigh
Listed By: Charlie Coyne
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Jul 30 at 4:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Raleigh

Investment Insights

Based on property information with market context.

This property is a retail space available for rent within Bloc[83], a mixed-use development. The development includes over 50,000 square feet of ground floor retail space, two class-A high-rise office buildings, and a 126-room boutique hotel. On-site structured parking is available.

Key Highlights

  • Premier mixed‑use development
  • Boasts over 50,000 SF of ground floor retail space
  • Features two class‑A high‑rise office buildings

Property Analytics

Current Use

Shopping centers

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

100
Businesses Nearby
Under-served
Demand for This Use

Demographics for 27603, NC

54,616
Population
24,030
Households
2.3
Avg Household Size
34
Median Age
48%
College-Educated
94%
High-School Grad
51.4 sq mi
ZIP Area
1,063
Density / Sq Mi
$87,939
Median Household Income
$51,856
Median Earnings
$1,496
Median Rent
$347,000
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
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail space available in premier mixed-use development.
Where is this shopping center located?
The property is located at Glenwood Ave & Hillsborough St Raleigh NC 27603 USA Raleigh, NC.
What are key features of this property?
This property features: Premier mixed‑use development; Boasts over 50,000 SF of ground floor retail space; Features two class‑A high‑rise office buildings
More about this property
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