7850 Alexander Prom Pl, Raleigh, NC 27617
This exceptional retail opportunity at Alexander Place Promenade in Raleigh, NC, offers 198,246 square feet of prime commercial space. The property features six total suites, with a range of sizes available to accommodate various business needs. Spaces are divisible down to a minimum of 1,105 square feet, and contiguous space up to 15,400 square feet can be leased. Currently, 18,822 square feet is vacant, presenting a significant opportunity for expansion or new tenancy. Located at 7850 Alexander Prom Pl, Raleigh, NC 27617, this property boasts a convenient location in Wake County. The lot size ranges from 0.33 to 0.6 acres, providing ample space and visibility. This multi-tenant property is ideal for businesses seeking a high-traffic location in a thriving area. The property's size and flexibility make it suitable for a variety of retail concepts. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional retail space. The property is categorized as retail commercial space.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (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
Similar Nearby for Lease
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.