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    5959 Triangle Town Blvd Raleigh, NC 27616
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    Property profile & analytics

    5959 Triangle Town Blvd, Raleigh, NC 27616

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    • Super regional malls
    • 575,360 SF
    • 35.37 lot acres
    Former Restaurant in Mall For Lease
    $20 SF/Yr

    Former Restaurant in Mall

    Former restaurant space available for lease in lifestyle mall.

    5959 Triangle Town Blvd, Raleigh, NC 27616
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    Property ID
    US53-2148387
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Express Factory Outlet / Clothing & Fashion Store
    • Hollister Co. / Men'S Clothing Store / Shoe Store
    • LOFT / Clothing & Fashion Store
    • Spencers / (Bike/Boat/Book/etc) Store
    • Auto Insurance Quotes / Marketing & Advertising

    Property Details for 5959 Triangle Town Blvd

    Year built
    2001
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    35.37 lot acres
    Zone code
    CX-3
    Property type
    Super regional malls
    Property subtype
    Shopping centers
    APN
    1727.19-50-6318 0280471
    APU
    1727195063180280471

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 15, 2025 — Saks Fifth Avenue Real Holdings LLC — Deed · related $1.8M · Bank Of America NA
    Mar 24, 2025 — Saks Fifth Avenue Real Property LLC — Deed · related $2.2M · First American Title Insurance
    Mar 14, 2024 — Saks Fifth Avenue Real Property LLC — Deed · related $125.3M · Bank Of America NA
    Aug 24, 2022 — Standard Insurance Company Triangle Town Center Realty Holding Assignment Of Agreement Of Sale $20M · Standard Insurance Co
    Feb 16, 2022 — Saks Fifth Avenue Real Property LLC — Deed · related $150M · Pathlight Captial LP
    Jan 11, 2022 — Cellular Direct Incorporated Triangle Town Center Realty Holding Lease —
    Nov 8, 2021 $33,250,000 Triangle Town Center Realty Holding Lb Ubs 2006 Cl Triangle Town Blvd L Special Warranty Deed $20M · Gadelander Str 77 Projekt Gmbh
    Jul 25, 2019 $120,371,570 Lb-ubs 2006-c1 Triangle Town B Wright Elizabeth|triangle Town Center LLC Trustees Deed —
    Nov 18, 2005 — Triangle Town Center LLC Jg North Raleigh LLC Grant Deed $200M · Ubs R/e Invs

    Description

    This exceptional retail opportunity is located within the vibrant Triangle Town Center mall in Raleigh, North Carolina. Two spaces are currently available, offering flexible layouts ideal for a variety of businesses. One space encompasses 6,006 square feet, while the other provides a larger footprint of 9,070 square feet. Both spaces are situated in the lifestyle section of the mall, offering high visibility and foot traffic. The previous tenant was a restaurant, providing a ready-made space with existing infrastructure. The property's address is 5959 Triangle Town Blvd, Raleigh, NC 27616. This prime location benefits from excellent access and ample parking, ensuring convenient access for customers and employees. The property is classified as commercial retail space, suitable for a diverse range of retail or restaurant concepts. The multiple tenancy structure allows for flexibility and potential for expansion. This presents a unique chance to establish a presence in a thriving retail environment within a well-established and popular shopping destination. The property's location in Raleigh, North Carolina, offers access to a large and diverse consumer base. Serious inquiries are encouraged to explore this exciting opportunity further. Detailed floor plans and lease terms are available upon request.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.576
    Latitude
    35.866
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $695,466
    $12,313,429
    $51,490,789
    $63,804,218
    -
    $12,313,429
    $51,490,789
    $63,804,218
    View Listing
    More about this property
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