4700 Capital Blvd, Raleigh, NC 27604
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.
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Best Remodeling Home Store Home Appliance Store Hardware & Home Improvement
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Mini city Parking Lot & Garage
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Warehouse Sale Pop-Up Shoe Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.