Property profile

7850 Alexander Prom Pl Raleigh, NC 27617

OFF-MARKET
Retail properties & Spaces
198,246 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 198,246 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7850 Alexander Prom Pl Raleigh, NC 27617
Raleigh metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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