Retail Space Near Dorothea
For Lease
Contact for pricing
Lake Wheeler Rd & Hammell Dr Raleigh NC 27603 USA, Raleigh, NC 27603
Retail space in Raleigh, near Downtown and Dorothea Dix Park.
Property Size9,593 SF
Days on Market250
Property Features for Lake Wheeler Rd & Hammell Dr Raleigh NC 27603 USA
General Information
Standard status
Active
Size
9,593 SF
Property subtype
Retail
Listing Agency:
CBRE | Raleigh
(919) 831-8257
Listed By:
Tiffany Barrier
(919) 831-8257
Source:
Cbre
Added: Nov 22, 2025
Changed: Jul 6
Last Checked: Jul 30 at 4:07AM
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.
Located just southwest of Downtown Raleigh, this retail space benefits from its proximity to Dorothea Dix Park, offering connectivity to the city’s largest public greenspace and views of the Downtown skyline. The initial phase of the project, situated east of the Park, includes two residential towers. Future mixed-use phases are also planned. Each tower will feature ground-level retail space and share a central greenspace, designed to serve as a gathering place and connect the architecture to the surrounding landscape. The property size is 9593 square feet.
Key Highlights
- Unmatched connectivity to Dorothea Dix Park
- Enjoy views of the Downtown Raleigh skyline
- Located southwest of Downtown Raleigh
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Raleigh, NC
$31.86 /SF/Yr
Avg Asking Price
$28–$37 /SF/Yr
Price Range
21,560 SF
Avg Space Size
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space in Raleigh, near Downtown and Dorothea Dix Park.
Where is this retail space located?
The property is located at Lake Wheeler Rd & Hammell Dr Raleigh NC 27603 USA Raleigh, NC.
What are key features of this property?
This property features: Unmatched connectivity to Dorothea Dix Park; Enjoy **views of the Downtown Raleigh skyline**; Located southwest of Downtown Raleigh
