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Mixed-Use Development with Food Spaces
For Lease
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Wake Forest Road & Whitaker Road, Raleigh, NC 27608

Mixed-use development with food and beverage spaces for rent.

Days on Market247

Property Features for Wake Forest Road & Whitaker Road

General Information

Standard status Active
Property subtype Shopping Center or Multi-Tenant Building
Listing Agency:
Listed By: Jeff Nimmer, CCIM
Source: Tscg
Added: Nov 25, 2025 Changed: Jul 10 Last Checked: Jul 30 at 5:56AM

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 Jeff Nimmer, CCIM

Investment Insights

Based on property information with market context.

Located east of Five Points, near Downtown and Mid-Town Raleigh, this mixed-use development offers food and beverage spaces ranging from 1,200 to 8,514 square feet. Delivery is expected mid-late 2024. The project will include pedestrian access to existing phases, Dock 1053, and Raleigh Iron Works.

Key Highlights

  • Proximity to Five Points, Downtown, and Mid‑Town Raleigh
  • Delivery mid‑late 2024
  • Mixed‑use development

Property Analytics

Current Use

Restaurants

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

533
Businesses Nearby
Under-served
Demand for This Use

Demographics for 27608, NC

12,018
Population
5,589
Households
2.2
Avg Household Size
40
Median Age
82%
College-Educated
98%
High-School Grad
3.5 sq mi
ZIP Area
3,434
Density / Sq Mi
$155,433
Median Household Income
$89,190
Median Earnings
$1,487
Median Rent
$911,000
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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Similar Off Market Nearby

  • Tastebuds Personal Chef Services — Raleigh, NC 27608
  • Culinary Graffiti — 1806 white oak rd, raleigh, nc 27608

Frequently Asked Questions

What type of property is this?
Restaurant - Mixed-use development with food and beverage spaces for rent.
Where is this restaurant located?
The property is located at Wake Forest Road & Whitaker Road Raleigh, NC.
What are key features of this property?
This property features: Proximity to Five Points, Downtown, and Mid‑Town Raleigh; Delivery mid‑late 2024; Mixed‑use development
More about this property
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