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Towne Square 5260 Capital Blvd
4,839 - 9,687 SF of Retail Space Available in Raleigh, NC 27616
Highlights
- Centrally located in Raleigh's Triangle Town Center regional retail market.
- Serves the growing residential communities of Northeast Raleigh.
- Trade area within one mile contains over 2.4 million square feet of retail space.
- Direct access on US-1 / Capital Blvd that serves as a major thoroughfare between downtown Raleigh and northeastern suburbs.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,839 SF | 5-10 Years | $25.00 /SF/YR $2.08 /SF/MO $120,975 /YR $10,081 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 110 | 4,848 SF | 3-5 Years | $25.00 /SF/YR $2.08 /SF/MO $121,200 /YR $10,100 /MO | Triple Net (NNN) |
3611 Spring Forest Rd - 1st Floor
Restaurant space currently occupied by Crazy Fire Mongolian Grill
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Great endcap unit
- Intersection of Capital Blvd and Spring Forest Rd
- Center is adjacent to Planet Fitness anchor
3611 Spring Forest Rd - 1st Floor - Ste 110
The space can be subdivided to accommodate 1,616 SF.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Specialty Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT Towne Square
- Tenant
- Description
- US Locations
- Reach
- Planet Fitness
- Fitness
- 2,990
- International
- The Original Mattress Factory
- Furniture/Mattress
- 17
- National
| Tenant | Description | US Locations | Reach |
| Planet Fitness | Fitness | 2,990 | International |
| The Original Mattress Factory | Furniture/Mattress | 17 | National |
PROPERTY FACTS FOR 5260 Capital Blvd , Raleigh, NC 27616
| Center Type | Neighborhood Center | Frontage | |
| Parking | 634 Spaces | Gross Leasable Area | 198,303 SF |
| Stores | 12 | Total Land Area | 31.63 AC |
| Center Properties | 6 | Year Built | 1999 |
| Center Type | Neighborhood Center |
| Parking | 634 Spaces |
| Stores | 12 |
| Center Properties | 6 |
| Frontage | |
| Gross Leasable Area | 198,303 SF |
| Total Land Area | 31.63 AC |
| Year Built | 1999 |
About the Property
This 82,989 SF retail center is located on Capital Boulevard at the corner of Spring Forest Rd. The property sits adjacent to Outback Steakhouse, Hampton Inn, Starbucks and AT&T. It is located 1 mile from Triangle Town Center and 1.5 miles from Interstate 540.
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
Towne Square | 5260 Capital Blvd
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