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    OFF-MARKET
    Community centers

    4229 Louisburg Rd, Raleigh, NC 27604

    36,193 SF
    Property ID
    Property summary
    AI-generated overview

    Capital Commons, a vibrant retail center in Raleigh, NC, presents an exceptional investment opportunity. This prime location boasts 36,193 square feet of retail space spread across two single-story buildings situated on a 5.2-acre lot. The property is zoned CX-3 and is conveniently located at 4229 & 4237 Louisburg Rd, offering excellent visibility from Capital Boulevard and Louisburg Road. The center currently features multiple tenants, with two spaces available, each measuring 1,600 square feet. This presents a unique chance to establish a presence in a thriving community. The property's strategic location in Wake County, with easy access to major thoroughfares, ensures high traffic volume and visibility for businesses. The existing anchor tenant, David's Bridal, further enhances the center's appeal and draws a significant customer base. This is an ideal opportunity for businesses seeking high-traffic exposure in a well-established retail environment. The property's size and layout offer flexibility for a variety of retail uses, making it a versatile investment. The two-building configuration allows for independent operations or a cohesive retail experience. This established retail center provides a strong foundation for future growth and profitability. The property's location in Raleigh, NC, offers access to a robust and growing market.

    Property profile
    Verified
    Property type Community centers
    Total area 36,193 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The Latin Touch Barber Studio Barber Shop
    • Alterations by David's Bridal Raleigh NC (Bike/Boat/Book/etc) Store
    • Yeiri the Dominican 🇩🇴 barber Barber Shop
    • Century Finance Bank Credit Union
    • Family Wellness Chiropractic Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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