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    OFF-MARKET
    Lifestyle centers

    4700 Capital Blvd, Raleigh, NC 27604

    82,293 SF Built 1979
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Lifestyle centers
    Year built 1979
    Total area 82,293 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
    • Best Remodeling Home Store Home Appliance Store Hardware & Home Improvement
    • Mini city Parking Lot & Garage
    • Warehouse Sale Pop-Up Shoe Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store
    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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