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4700 Capital BlvdRaleigh, NC 27604

High-traffic location, 82,293 SF, spaces available

Overview

Added:
Dec 11, 2024
Days on market:
116
Mini City Marketplace Two, located at 4700 Capital Boulevard in Raleigh, NC, presents a compelling retail investment opportunity. This 82,293 square foot shopping center, built in 1979, boasts a prime location at the intersection of Capital Boulevard and New Hope Drive in Wake County. The property benefits from exceptional visibility to the high volume of traffic on Capital Boulevard, with an estimated 46,000 vehicles passing daily. Convenient access is provided by entrances on both Capital Boulevard and New Hope Drive. Currently, there are three available retail spaces ranging from 1,997 to 4,455 square feet. The center is anchored by a Family Dollar and Oak Street Health, providing strong existing tenancy and drawing significant customer traffic. Ample parking is available with 408 spaces to accommodate shoppers and employees. With 26,377 square feet currently vacant, this property offers a unique chance to capitalize on a well-established location and attract new tenants to a thriving retail environment. The property's strategic location and existing infrastructure make it an ideal investment for those seeking a strong return in the Raleigh market. The zip code is 27604.

Highlights

  • 82,293 SF retail center anchored by Oak Street Health and Family Dollar.
  • Key tenants include Family Dollar, Labor Finders, Little Caesars Pizza, Boost Mobile, and Super Mattress Shop.
  • Located at 4700 Capital Boulevard, Raleigh, NC (27604), at the intersection of Capital Boulevard and New Hope Drive.
  • Features 408 parking spaces (4.96/1,000 SF ratio) and excellent visibility to high traffic counts (approx. 39,500 VPD on Capital Blvd and 24,000 VPD on E Millbrook Rd).
  • Built in 1979, with 26,377 SF of available retail space ranging from 1,997 SF to 4,455 SF.

Property Details for 4700 Capital Blvd

Property type
Lifestyle centers, Power centers
RSF (Rentable sq. ft)
82,293 SF
Year Built
1979

Unit(s) available at that property

Space
Suite 5135
Size
2,646 SF
Space
Suite 4660
Size
1,997 SF
Space
Suite 4670
Size
4,455 SF

Location Insight

City
Raleigh
County
Wake
State
North Carolina
Latitude
35.8482428
Longitude
-78.5789488
4700 Capital Blvd, Raleigh, North Carolina

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4700 Capital Blvd
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