4531 New Bern Ave Raleigh, NC 27610-1555
New Bern Plaza offers an exceptional retail leasing opportunity. This prominent endcap space totals 4,000 square feet and is situated within a thriving retail center. The property's strategic location benefits from its proximity to a Super Walmart, ensuring high visibility and significant foot traffic. The space is ideal for a variety of retail businesses seeking a strong presence in a busy commercial area. The property is classified as both retail and office space, offering flexibility for potential tenants. The multiple tenancy structure of the center provides a diverse and vibrant shopping environment, attracting a wide range of customers. Located in Wake County, this property presents a compelling investment opportunity for businesses looking to establish or expand their operations in a high-traffic, well-established retail hub. The available space is an endcap unit, offering excellent visibility and accessibility for customers. This presents a unique chance to capitalize on the established customer base drawn to the center's anchor tenant and the overall vibrancy of the location. Serious inquiries are encouraged to explore this exceptional retail space and its potential for growth and success. The property's commercial classification allows for a broad range of business types to consider this space. Further details regarding lease terms and conditions are available upon request.
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Wingstop Restaurant
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ToteBoys Bin Store Discount Store
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GameStop Arcade & Gaming Center Electronics & Wireless Store
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CoinFlip Bitcoin ATM Commercial Agent Currency Exchange Service
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Wells Fargo ATM Atm
The CX-3 is intended to provide for a variety of residential, retail, service andcommercial uses
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
CX-3 · Raleigh, NCThe CX-3 is intended to provide for a variety of residential, retail, service andcommercial uses
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.