5501-5505 Capital Blvd | Raleigh, NC 27616
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- LoopNet Team
5501-5505 Capital Blvd
Raleigh, NC 27616
Shoppes on Capital | High Traffic Location · Retail Property For Sale
Investment Highlights
- Strong Tenant Lineup - Shoppes on Capital consists of national brands with long-term NNN leases offering investors a stable income source for years
- Signalized Intersection - Positioned at the signalized corner of Capital Blvd and Oak Forest Drive offering ease of access
- Affluent sub-market of Raleigh, NC - Average Household income over $100,000 in 5-mile Radius
- Strategic Location - Subject is in proximity to Triangle Town Center, a 1.27 M SF regional shopping destination anchored by Belk, Macy’s and Dillards
- Established Submarket - Capital Blvd is one of Raleigh’s main corridors and services commuters from Wake Forest and NE Raleigh to Downtown Raleigh
- High Traffic Location - 50,500 VPD on Capital Blvd and 23,000 VPD on Old Wake Forest Rd
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
19,426 SF
Building Class
B
Year Built
2016
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
3.25 AC
Zoning
CX-3
CX-3
Parking
25 Spaces
Frontage
350 FT on Capital Blvd
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