Retail Space
5505 Capital Boulevard Raleigh, NC 27616
Details & Description
Price: $12,439,100
    Strong Tenant Lineup – Shoppes on Capital consists of national brands with long-term NNN leases offering investors a stable income source for years to comeNewer Construction – 100% leased center built in 2016 with high-quality, attractive construction provides an owner with limited exposure to capital repairsSignalized Intersection – Positioned at the signalized corner of Capital Blvd and Oak Forest Drive offering ease of access to traffic traveling from both directions on Capital BlvdStrategic Location – Subject is in close proximity to Triangle Town Center, a 1.27 M SF regional shopping destination anchored by Belk, Macy’s and DillardsOutdoor Seating – Both McAlister’s Deli and Five Guys feature dedicated outdoor seating allowing them to better serve customer’s evolving preferencesDensely Populated Area -Over 88,000 people in 3-mile RadiusAffluent sub-market of Raleigh, NC – Average Household income over $100,000 in 5-mile RadiusEstablished Submarket – Capital Blvd is one of Raleigh’s main corridors and services commuters from Wake Forest and NE Raleigh to Downtown RaleighHigh Traffic Location – 50,500 VPD on Capital Blvd and 23,000 VPD on Old Wake Forest Rd 
    Listing Agents
    Sam Young

    O: 980-498-3292
    syoung@atlanticretail.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    5505 Capital Boulevard

    Raleigh, NC 27616

    Listing ID: 210854
    • 5505 Capital Boulevard Raleigh, NC 27616 | for Sale | Photo 1
    • 5505 Capital Boulevard Raleigh, NC 27616 | for Sale | Photo 2
    • 5505 Capital Boulevard Raleigh, NC 27616 | for Sale | Photo 3
    5505 Capital Boulevard | for Sale | Thumbnail 1
    5505 Capital Boulevard | for Sale | Thumbnail 2
    5505 Capital Boulevard | for Sale | Thumbnail 3
    Building Size: 19,388 SF
    Lot Size: 3.250 AC
    Land Size: 141,570 SF
    Building $/SF: $641.59
    Land $/SF: $87.87
    Price
    $12,439,100
    Description

    Strong Tenant Lineup – Shoppes on Capital consists of national brands with long-term NNN leases offering investors a stable income source for years to come

    Newer Construction – 100% leased center built in 2016 with high-quality, attractive construction provides an owner with limited exposure to capital repairs

    Signalized Intersection – Positioned at the signalized corner of Capital Blvd and Oak Forest Drive offering ease of access to traffic traveling from both directions on Capital Blvd

    Strategic Location – Subject is in close proximity to Triangle Town Center, a 1.27 M SF regional shopping destination anchored by Belk, Macy’s and Dillards

    Outdoor Seating – Both McAlister’s Deli and Five Guys feature dedicated outdoor seating allowing them to better serve customer’s evolving preferences

    Densely Populated Area -Over 88,000 people in 3-mile Radius

    Affluent sub-market of Raleigh, NC – Average Household income over $100,000 in 5-mile Radius

    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

     

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Raleigh History of Retail Space for Sale

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    Raleigh Area Market Trends

    Listing Demographics for 5505 Capital Boulevard Raleigh, NC 27616

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population8,59484,814196,320
    Population Median Age323737
    Population by Age0-9 Yrs1443 (16%)11242 (13%)24290 (12%)
    10-19 Yrs771 (8%)10483 (12%)24358 (12%)
    20-29 Yrs1928 (22%)12887 (15%)27847 (14%)
    30-39 Yrs1811 (21%)13309 (15%)31635 (16%)
    40-49 Yrs1089 (12%)12089 (14%)27972 (14%)
    50-59 Yrs692 (8%)10894 (12%)25036 (12%)
    60-69 Yrs559 (6%)7500 (8%)19221 (9%)
    70+ Yrs300 (3%)6410 (7%)15961 (8%)
    Median HH Income$45,288$59,171$71,446
    Total Household Income< 24K805 (21%)5369 (15%)9903 (12%)
    25-49K1297 (34%)8940 (26%)17144 (21%)
    50-74K677 (18%)6081 (18%)13856 (17%)
    75-99K530 (14%)4818 (14%)11548 (14%)
    100-199K364 (9%)6893 (20%)19344 (24%)
    200K+63 (1%)1664 (4%)6308 (8%)
    Highest Education LevelNo Diploma494668711811
    Diploma or GED973998221764
    Some College13831146425295
    Assoc. Degree537480511823
    Bachelors Degree17991708443778
    Higher Degree533754621552
    Total Housing Units4,04836,92785,795
    --Owner-Occupied63017,60847,303
    --Renter-Occupied3,10516,15630,799
    Owner-Occupied Values< 100K5413142525
    100-199K297655314872
    200-299K202554813805
    300-399K6226818112
    400-499K96753079
    500K+68384911
    Total Working Age Population6,71866,765155,901
    In Work Force5,16048,440112,475
    Not In Work Force1,55818,32543,426
    Workforce Employed4,67145,786107,445
    Workforce Unemployed4892,5924,878
    Civlian Workforce5,16048,378112,324
    Military Workforce062152
    Total Households3,73533,76478,103
    Family Households2,04720,99949,292
    Non-Family Households1,68912,76628,811
    Married Couple1,04814,26935,723
    Other Family9986,72913,569
    Married w/Child5016,44015,783
    Single Male w/Child117921,740
    Single Female w/Child5392,9815,927

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    North Carolina8,049,313+189,535,483+1110,630,691+1111,836,070
    Franklin County47,260+2860,619+1670,212+1681,204
    Johnston County121,965+38168,878+26212,401+27269,736
    Wake County627,846+44900,993+231,109,883+201,328,336

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 5505 Capital Boulevard in Raleigh?
    The asking price for 5505 Capital Boulevard is $12,439,100
    What is the building size of this Retail property in Raleigh, NC?
    The size of the building/unit at 5505 Capital Boulevard in Raleigh is 19,388 square feet
    How much land does the Raleigh, NC property at 5505 Capital Boulevard include?
    5505 Capital Boulevard in Raleigh includes 3.250 acres of land
    What kind of Retail is the propery at 5505 Capital Boulevard?
    The property at 5505 Capital Boulevard Raleigh, NC 27616 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 5505 Capital Boulevard in Raleigh?
    The population within 1 mile of 5505 Capital Boulevard Raleigh, NC 27616 is 8,594 people.
    Who do I contact for questions about 5505 Capital Boulevard?
    You should contact the listing agent, Sam Young, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    5200 Capital Boulevard, Raleigh, NC $3,814,433 6525 1.63
    3424 Capital Boulevard, Raleigh, NC CALL 14249 3.67
    3424 Capital Boulevard, Raleigh, NC $2,300,000 14249 3.67
    3911 New Bern Avenue, Raleigh, NC $726,230 3200 -
    4201 New Bern Avenue, Raleigh, NC CALL 12250 2.13
    206 Hinton Oaks Boulevard, Knightdale, NC $3,775,400 7500 0.83
    11480 Capital Boulevard, Wake Forest, NC $5,211,300 12060 1.95
    1145 U.S. 70, Garner, NC $4,610,000 2872 -
    2205 Evans Road, Cary, NC CALL 3254 1.38
    750 Southeast Cary Parkway, Cary, NC CALL 14938 -

    Closest Commercial Airports

    Airport Distance (mi)
    Raleigh Durham International Airport (RDU) 12
    Piedmont Triad International Airport (GSO) 77
    Roanoke–Blacksburg Regional Airport (ROA) 127