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Property profile & analytics

5003 Falls Of Neuse Rd Raleigh, NC 27609

  • Lifestyle centers
  • 82,463 SF
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • YoBa Studio (QC) - Yoga, Barre, Strength & Cardio / Fitness Center
  • Quail Properties, Inc. / Property Management Company
  • Edward Jones - Financial Advisor: Michael A Minotti, CFP® / Financial Consultant / Finance Broker
  • Quail Corners Shopping Center / Shopping Mall
  • Edward Jones - Financial Advisor: Brooks Andrews / Financial Consultant / Finance Broker

Property Details for 5003 Falls Of Neuse Rd

Year built
1969
Property size
82,463 SF
Property type
Lifestyle centers
Property subtype
Power centers

Description

This exceptional retail and restaurant opportunity, Quail Corners Phase I & II, presents 82,463 square feet of space at 5003 Falls of Neuse Rd, Raleigh, NC 27609. Located at the intersection of Millbrook and Falls of Neuse Roads, this two-story, 1969-built shopping center boasts high visibility and excellent traffic counts. The property offers a diverse tenant mix, including established businesses like The Butcher’s Market, Big Ed’s, Cristo’s, Burrito Shak, and Juice Keys. Currently, there are 21 available spaces ranging from 663 to 3,800 contiguous square feet, with a total of 28,739 square feet currently vacant. This presents a unique chance to acquire space in a thriving North Raleigh location, benefiting from the area's robust growth and strong demographics. The minimum divisible space is 663 square feet, making it suitable for a variety of retail and restaurant concepts. The center is situated in Wake County and offers a prime opportunity for investors seeking a well-established property with significant upside potential in a high-demand market. The property's strategic location and established tenant base provide a solid foundation for future growth and profitability. This is an excellent opportunity to establish or expand your business in a bustling retail environment.


Value Estimations

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Raleigh
County
Wake
State
North Carolina
Longitude
-78.6158
Latitude
35.8497
More about this property
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